2626 Fm 816 new

Wolfe City,TX 75496

$ 3150000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20774131

HOA Y/N None

Annual Tax Amount $618

Lot Size 252.190 Acres

Acres 252.19

Property Description

Acreage situated on the northeast corner of FM 816 and County Rd 1016 with a mixture of farmland, trees, creek and ponds. The property is located between Leonard and Wolfe City, primarily in Hunt County and partially in Fannin County. Over 3,500 feet of paved frontage on FM 816 and County Rd 1016. Accessible to the expanding S.H. 121 corridor, providing connectivity into the northern developing suburbs of Dallas. The property's frontage on FM 816 provides for quick accessibility to U.S. 69, S.H. 11 and S.H. 78. The majority of this property is designated Opportunity Zone providing for the possibility of unique tax benefits. This property is located purely in the county. Informational package available upon request.

Location

State TX

County Hunt

Zoning Ag

Direction From S.H. 121 in Melissa, go to S.H. 160 & exit south toward Blue Ridge. Take a quick left onto S.H. 78 toward Leonard & continue through Leonard. Take a right onto U.S. 69, then a quick left onto FM 272. Continue for just over 6 miles on FM 272 (becomes FM 816) to the subject property at C.R. 1016.

Exterior

Fence Barbed Wire,Partial

Utilities Available Asphalt,Co-op Electric,Co-op Water

Waterfront Description Creek

Street Surface Asphalt

Garage No

Building

Lot Description Acreage,Agricultural,Bottom,Cleared,Corner Lot,Many Trees,Pasture,Tank/ Pond

Schools

Elementary Schools Wolfecity

Middle Schools Wolfecity

High Schools Wolfecity

School District Wolfe City Isd

Others

Restrictions No Known Restriction(s)

Ownership Contact Agent

Acceptable Financing 1031 Exchange,Cash,Conventional,Federal Land Bank

Listing Terms 1031 Exchange,Cash,Conventional,Federal Land Bank

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