This 100.055 +/- acres is located northeast of Saint Jo on CR 435, just two miles from FM 655 at the Capps Corner intersection. A beautiful piece of North Texas, the land has thick mature oak trees, two ponds and improved coastal pasture.
You enter the property from the south side through a pipe gated entrance. The ranch has a barbed wire fence around the whole perimeter and the south fence is only a few years old. A road winds you through tree groves as it is ascends up the property to the high part in the back, where the coastal field is. This field has approximately 40 acres of coastal, with scattered oaks throughout, and has a cross fence in place to separate it from the rest of the land. It could be hayed or used for cattle pasture, like the current owner does. A large pond is located on the southeast corner of the pasture that would probably make a nice fishing tank.
Underground electricity was ran all the way across the property to the southwest corner for the coastal pasture for a future homesite. A water well would need to be drilled for water here. This spot offers amazing views to the south and east, where miles of the rolling North Texas countryside can be taken in. A small shed and set of pens are here too.
The bottom pasture is full of thick oaks and a few native pecans, and is being used for grazing cattle and hunting whitetails. It has some nice meadows that could be tilled to install a food plot. A second pond is in this pasture too, so that both sides of the ranch have surface water.
This is a diverse tract of land that allows for some of everything. The owner will finance this transaction too. Terms are 10% down payment, 5% annual interest rate, 20 year amortization (or shorter) with a 10 year balloon payment.
LIST PRICE: $6,500/acre | $650,375 total
For more information about this ranch, contact agent Beau Byars at cell phone (940) 224-3183.