$3,297,030
For Sale

1438 County Road 438

Thorndale, TX 76577
1616 sqft | 199.82 acres | #1576792
Browse 19 photos
Type:Purchase
Structure:Farm
Zone:Residential

Description

199.82 acres (per CAD) of AG EXEMPT, UNRESTRICTED cropland in Thorndale, Milam County. Seller may consider subdividing in 50+ acre tracts. Only 6 miles to US 79, just outside of Thrall and 16 miles to US 79 & Hwy 95 in Taylor. The property has gravel road frontage on two county roads, CR 438 and CR 462. SMWSC has an 8" waterline on CR 438. Soil is primarily Branyon clay and the property is level to gently sloping. The west boundary has a wet weather creek and stock pond. The west boundary area provides all the tree cover for the property. Public water, phone lines and electrical service can be found along CR 438, and phone lines are located along CR 462. The farm lease consists of 144 acres of cropland and 18 acres of coastal hay and the lease runs through Oct 2024. A 1600 SF home on the property is managed by a property management co. and tenant pays $1,100 per month. Both farm and residential leases convey to the buyer. The home is supplied by a water well and there's a second well just off CR 438 and appears to be hand dug. In Thorndale ISD. The property is part of an estate and sellers have limited documents and information on property. Buyer shall verify usage, zoning, restrictions, utilities, etc.

  • Property Details
      • Utility FeaturesElectricity Connected, Phone Available, Sewer Not Available, Water Available
      • Lot DescriptionAgricultural, Farm, Gentle Sloping, Level, Few Trees, Views
      • ViewPasture, Rural
      • School DistrictThorndale ISD
      • Subdivision199.82 Acres
      • Sewer InformationSeptic Tank
      • Original List Price$3,496,850
      • Elementary SchoolThorndale
      • Middle SchoolThorndale
      • High SchoolThorndale
      • Property TypePurchase
      • MLS #1576792
      • Cost3297030
      • MLS #1576792
      • Acres199.82
      • Taxes Annual$1,988
      • CountyMilam
      • Property SubtypeRanch
      • Square Feet1616
      • Utility SourceWell
      • Days on Market (Cumulative)157
      • Pool1

Location

Panda Investment FirmReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00