7523 County Road 163, Stephenville, TX 76401

$10,219,680

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List Price
$10,219,680
MLS#
21275825
Status
ACTIVE
Type
Land
Subtype
Land
Year Built
1958
Acres
851.64
County
Erath
City
Stephenville

Property Description

Prime Texas ranchland located in Erath County, 15 min S of I-20 at Morgan Mill, 15 min N of Stephenville and 4 miles west of Hwy 281. The Morgan Mill 851 Ranch is a wonderfully diverse and scenic ranch with minimal improvements. The land consists of both native and improved pastures watered by the N. Paluxy River which runs through the ranch as well as drainage areas and stock tanks. Live Oaks, Texas Red Oak. Native Pecan and many other variety of native trees flourish on the ranch and in the Spring wildflowers will color the landscape. There are many hilltops offering spectacular views and potential homesites. The ranch is currently under a grazing lease. The ranch will also produce hay for winter grazing capabilities. A modest yet updated farmhouse offers 3 bedrooms and 2 baths. Other improvements include an storage shed and haybarn.

Additional Information

Unexempt Taxes
$2,196
Lot Size
37,097,438
Acres
851.64
Lot Description
Agricultural, Cleared, Hardwood Trees, Pasture, Pond(s), Ravine, Sloped, Rock Outcropping, Trees, Wooded
School District
Morgan Mill Isd
Elementary School
Morgan Mill
Middle School
Morgan Mill
High School
Stephenvil
Possession
Negotiable, SubjectToTenantRights
Proposed Use
Agricultural, Cattle, Development, Grazing, Horses, Hunting, Investment, Livestock, Pasture, Ranch, Recreational

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Cynthia Inman from Ranch Connection LLC. Contact: 817-366-3850