395 HWY 37, MOUNT VERNON, TX 75457

Homes for sale in Mount Vernon.

Homes for sale in 75457.


Active

List Price$2,362,198

395 Hwy 37

Mount Vernon, TX 75457

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

Listing #21220818

395.35

Acres

Lots / Land

Type

About This Property

Located just four miles north of Mt. Vernon, this exceptional ranch presents a rare combination of agricultural productivity, recreational appeal, and long-term development upside. Positioned on a highly visible hard corner at Hwy 37 and County Road NE 2210, the property boasts nearly 5,000 feet of highway frontage and over 3,000 feet of county road access--offering unmatched accessibility and exposure. Currently operating as a functional cattle operation, the property is well-equipped for continued livestock use or expansion. With over 20 feed pens, multiple grass turnout traps, and an efficient system of lanes, working pens, and load-out facilities, this ranch is ideally suited for a pre-conditioning yard, backgrounding operation, or heifer development program. Approximately 320 acres of improved pasture provide excellent grazing and forage production potential, while new fencing along Hwy 37 adds both value and security. Beyond its agricultural strengths, the property offers outstanding recreational opportunities. Approximately 70 acres along Bear Pen Creek on the eastern boundary provide prime wildlife habitat, supporting whitetail deer, hogs, and other native species. The combination of water, cover, and nearby agricultural food sources creates an ideal setting for hunting and outdoor enjoyment. The location further enhances the property's appeal. Mt. Vernon's revitalized downtown square has seen significant updates in recent years, bringing new restaurants, shops, and community activity that continue to drive growth in the area. With close proximity to I-30, the property is well-positioned for future residential, commercial, or mixed-use development as expansion continues east of the Dallas metroplex. Additional improvements include a 1,600 sq ft, 2-bedroom, 2-bath brick home--perfect for an employee residence or rental opportunity. The seller also has an additional 100 acres of nearby pasture available for purchase, offering the potential to expand.

Property Features

Location Information

County

Franklin (TX)

Subdivision

County

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Electricity Available, Water Available

Possible Best Use

Agricultural

Fencing

Barbed Wire

Zoning

None. Currently Ag Exemot

Lot Description

Acreage, Agricultural

Road Description

County Road, Highway, All Weather Road, Gravel, Aspha

Lot Size in Acres

395.347

Waterfront Description

Creek

Lot Size in Sq. Ft.

17,221,315

Is One Story

No

Current Use

Agricultural, Cattle

Lot Description

Acreage, Agricultural, Creek

School

Elementary School District

Mount Vernon ISD

Jr. High School

Mt Vernon

Elementary School

Mt Vernon

High School

Mt Vernon

Additional Information

Property Type

LL

Status

Active

Property SubType

Ranch

Has a Home Owners Association

No

Year Built

1970

Tax Annual Amount

3500.0

Similar Listings

Mortgage Calculator

$11,031

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$8,512

Monthly Tax

$1,968

Monthly Insurance

$551

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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