187 CR-1750, CHICO, TX 76431

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187 Cr-1750

Chico, TX 76431

Active

List Price$2,150,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

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

Walk Score

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