Excellent location for current and future growth being located west of Preston RD, and east of the proposed future tollway expansion making an ideal consideration for the investor. You will find a tremendous amount of county road frontages of approximately .7 mile on two sides. The property has an agricultural exemption, and an excellent tenant farmer and rancher in place. Here you will find a mixture of pastureland with ponds, and farmland which is conducive for the growing of wheat or corn. With the rapid growth of North Texas and its location this place is a potential investment all the way, and worthy your consideration. Offered at $16,000.00 per acre. No current survey is available.
Sellers to retain 82.5% of the available minerals. There is a farm and pasture lease on the property with the tenant farmer/rancher.
From US Highway 82 go south on SH 289 or Preston Road Go west on Ballou Road when you reach the "T" intersection make a right on Steward RD and go approximately 1 mile. The property is located on the east side of Steward Road. The SW corner of the property will be approx. 200 yards north of the Steward RD & Melton RD intersection. NOTE: The current real estate sign has not been updated.