Listing provided courtesy of Story Group- MLS# 20945187MLS ProviderContact Information: Jacob Story - 817-992-9232

FM 934 Fm-934Itasca, TX 76055

Vacant Land · 515.00 Acres
$9,991,000 Active

FM 934 Fm-934 Overview

Visits:
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Available for sale for the first time since the 1940s, the Baker Family Ranch is loaded with opportunity and history. This 500+ acre working cattle ranch is home to a 30+ acre lake, the headwaters of Richland Creek, and served as the home of Fort Smith in 1847. Located in northeastern Hill County with nearly 2 miles of paved road frontage on FM 934, the Baker Family Ranch has been nurtured and stewarded by the same family for more than 70 years. Strategically situated just north of and between the I-35W and I-35E split, this ranch is an hour drive from Fort Worth or Dallas. From your home, the airport, or the office this property is easily accessible for weekends at the ranch. With a combination of gently rolling native pastures and hay meadows at lower elevations, the ranch conservatively supports an active cow-calf operation. Towering hardwoods create privacy and seclusion for you to relax and enjoy nature. The ranch is also next to the 4K Richland Creek Ranch - a historic ranch whose owners operate ranch land across six counties with total capacity across all properties exceeding 3,500 animal units. From an investment perspective the ranch is located in an opportunity zone and has an active agricultural valuation (“ag exemption”). Water is supplied by a Files Valley Water Meter, and electric service lines are located on the southeast side of the property. The Baker Family Ranch offers more than just an investment opportunity within an hour drive of the 3rd fastest growing metroplex in the country - it is an opportunity to have more than 500 acres and a large lake within an hour of America’s fourth largest metropolitan area.

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FM 934 Fm-934 Facts & Features

  • Type Vacant Land
  • Lot 515.00 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Itasca ISD
  • Elementary School: Itasca
  • Middle Or Junior School: Itasca
  • High School: Itasca

Business Information

  • Current Use: Cattle

Location/Region

  • Country: US
  • County Or Parish: Hill
  • Postal City: ITASCA
  • Subdivision Name: None

Tax Information

  • Tax Annual Amount: 340.0

General Information

  • Disclosures: Flood Plain Disclosure
  • Exclusions: Personal property of seller or tenant
  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: 118623
  • Possible Use: Cattle,Hunting,Investment,Ranch,Recreational
  • Property Sub Type: Ranch
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Acreage
  • Lot Size Acres: 515.0
  • Lot Size Area: 515.0
  • Lot Size Square Feet: 2.24334E7
  • Lot Size Units: Acres
  • Vegetation: Partially Wooded
  • Water Source: Rural

Waterfront/View

  • Waterfront Features: Lake Front
  • Waterfront: Yes

General Information

  • Fencing: Barbed Wire
  • Utilities: Electricity Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

FM 934 Fm-934 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

FM 934 Fm-934 Market Data

Based on the last 30 days in this zip code

$231,459
Average List Price
$148
Average Price per Square Foot
1
Properties Sold
149
Average Days on Market
43
Properties for Sale
Calculations provided by Reliance Network


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