395 HWY 37, MOUNT VERNON, TX 75457
Homes for sale in Mount Vernon.
Homes for sale in 75457.
List Price$2,362,198
395 Hwy 37
Mount Vernon, TX 75457
Listing #21220818
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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