FM 934 FM-934, ITASCA, TX 76055
Homes for sale in Itasca.
Homes for sale in 76055.
List Price$9,991,000
FM 934 Fm-934
Itasca, TX 76055
Listing #20945187
About This Property
Available for sale for the first time since the 1940s, the Baker Family Ranch is loaded with opportunity and history. This 500+ acre working cattle ranch is home to a 30+ acre lake, the headwaters of Richland Creek, and served as the home of Fort Smith in 1847. Located in northeastern Hill County with nearly 2 miles of paved road frontage on FM 934, the Baker Family Ranch has been nurtured and stewarded by the same family for more than 70 years. Strategically situated just north of and between the I-35W and I-35E split, this ranch is an hour drive from Fort Worth or Dallas. From your home, the airport, or the office this property is easily accessible for weekends at the ranch. With a combination of gently rolling native pastures and hay meadows at lower elevations, the ranch conservatively supports an active cow-calf operation. Towering hardwoods create privacy and seclusion for you to relax and enjoy nature. The ranch is also next to the 4K Richland Creek Ranch - a historic ranch whose owners operate ranch land across six counties with total capacity across all properties exceeding 3,500 animal units. From an investment perspective the ranch is located in an opportunity zone and has an active agricultural valuation ("ag exemption"). Water is supplied by a Files Valley Water Meter, and electric service lines are located on the southeast side of the property. The Baker Family Ranch offers more than just an investment opportunity within an hour drive of the 3rd fastest growing metroplex in the country - it is an opportunity to have more than 500 acres and a large lake within an hour of America's fourth largest metropolitan area.
Property Features
Location Information
County
Hill
Subdivision
None
Interior Features
Has Fireplace
No
Exterior Features
Utilities
Electricity Available
Possible Best Use
Cattle, Hunting, Investment
Fencing
Barbed Wire
Zoning
Unzoned, outside city limits
Lot Description
Acreage
Waterfront Description
Lake Front
Lot Size in Acres
515
Has Waterfront
Yes
Lot Size in Sq. Ft.
22,433,400
Is One Story
No
Current Use
Cattle
Lot Description
Acreage, Lake Front
School
Elementary School District
Itasca ISD
Jr. High School
Itasca
Elementary School
Itasca
High School
Itasca
Additional Information
Property Type
LL
Tax Annual Amount
340.0
Property SubType
Ranch
Exclusions
Personal property of seller or tenant
Status
Active
Documents Available
Aerial
Has a Home Owners Association
No
Similar Listings
Mortgage Calculator
$46,658
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$36,002
Monthly Tax
$8,325
Monthly Insurance
$2,331
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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