187 CR-1750, CHICO, TX 76431
Homes for sale in Chico.
Homes for sale in 76431.
187 Cr-1750
Chico, TX 76431
List Price$2,150,000
Listing #21195359
3
Bedrooms
2 full
Bathrooms
2,224
Square Feet
Farm
Type
About This Property
Escape the rush of the everyday hustle and bustle in the city to the Collins Ranch, a traditional working ranch located in western Wise County Texas. This almost 186-acre ranch has been in the same family for a very long time and is now available for new ownership. Located an hour from Ft Worth, this ranch has 2 residences that have been updated over the years and currently are used as an income producer generating $2,700 a month in rent. Either house would easily make a great weekend getaway home. Boasting approximately 1,350 ft of road frontage on FM 2127 and 1,560 ft of frontage on County Road 1750, future potential development would be an option with Wise County populations steadily increasing annually. The ranching operation offers around 90 acres of gently sloping pastureland, currently in coastal Bermuda production. A hay barn and the smaller house are located in the center of the pastureland cresting on top of a hill to provide spectacular views through scattered mature oak trees. East of the pastureland lies rolling topography with ample trees of a wide species variety. While also being beneficial from a grazing standpoint, the back almost100 acres is an outdoor recreationist's dream. Wildlife is plentiful in this area, and the property has been leased for hunting as a result. White-tailed deer, pigs, and a variety of bird species call this native grass, shrub, and treed land home. There is currently 1 older oil and gas location located towards the east end of the property mostly hidden by the trees and terrain. Electricity is available on the east end of the property as well as up front where the houses are. Water wells and septic tanks are fully functional for the houses with electricity being the only utility available. Don't miss out on the rare opportunity to own this historical ranching operation with income production and loads of potential to use it to best fit your needs.
Property Features
Location Information
County
Wise
Subdivision
None
Interior Features
Rooms
First Floor Bedroom, First Floor Bedroom, First Floor Dining Room, First Floor Full Bath, First Floor Living Room, First Floor Primary Bathroom, First Floor Primary Bedroom
Number of Fireplaces
1
Interior
Walk-In Closet(s)
Heating
Central, Propane
Master Bedroom Description
1 x 1
Cooling
Central Air
Full Baths
2
Floors
Hardwood, Laminate
Dining Room Description
1 x 1
Laundry
Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
Living Room Description
1 x 1
Appliances
Dishwasher, Electric Oven, Electric Range
Has Fireplace
Yes
Exterior Features
Style
Farmhouse
Pool Description
None
Stories
1
Other Structures
Barn(s)
Construction
Rock, Stone, Wood Siding
Horse Amenities
Hay Storage, Tack Room
Foundation
Slab
Lot Description
Acreage, Hardwood Trees, Many Trees, Wooded
Roof
Composition
Lot Size in Acres
186
Water / Sewer
Electricity Connected, Septic Available, Water Available
Lot Size in Sq. Ft.
8,102,160
Utilities
Electricity Connected, Septic Available, Water Available
Current Use
Agricultural, Cattle
Parking Description
Circular Driveway, Carport, Driveway, Gravel, Garage Faces Side
Possible Best Use
Agricultural, Cattle, Grazi
Has Garage
Yes
Road Description
County Road, Farm to Market Road, Asphalt
Garage Spaces
2
Is One Story
Yes
Fencing
Barbed Wire
Lot Description
Acreage, Hardwood Trees, Many Trees, Wooded
Patio / Deck Description
Covered
School
Elementary School District
Chico ISD
Jr. High School
Chico
Elementary School
Chico
High School
Chico
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
FRM
Has a Home Owners Association
No
Property SubType 2
House
Tax Annual Amount
156.0
Property SubType
Farm
Documents Available
Aerial
Year Built
1959
Lot Acres Source
Owner
Similar Listings
Mortgage Calculator
$10,039
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$7,747
Monthly Tax
$1,791
Monthly Insurance
$501
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
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