TBD FM 51, PARADISE, TX 76073

Homes for sale in Paradise.

Homes for sale in 76073.


Active

List Price$3,558,883

TBD FM 51

Paradise, TX 76073

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

Listing #21335307

263.62

Acres

Lots / Land

Type

About This Property

The Lewis Ranch is a rare legacy property, offered for sale for the first time in over 100 years, and the kind of property that's becoming harder and harder to find in Wise County. Its proximity to the FM 51 and Highway 114 interchange gives it strong long-term development potential in addition to its ranching and homesite appeal. Whether your plans include running cattle, building a home in the country, raising horses, or simply owning a piece of land the family can enjoy for generations, this ranch is set up to do it all. Seven ponds are scattered across the ranch, while Salt Creek winds through the property, providing dependable water for livestock and wildlife alike, and mature oak trees are spread throughout the landscape, offering shade for cattle during the summer months and beautiful cover for native wildlife. The ranch is well suited for a productive cattle operation with quality fencing and plenty of water, and in addition to the grazing ground, approximately 50 acres of productive tillable acreage provide opportunities for farming or hay production. If building is in your future, you'll have several outstanding homesites to choose from, with rolling pasture, scattered oaks, and views of the ponds creating a beautiful setting for a custom home, plus plenty of room for a shop, barn, horse facilities, or even a roping arena, allowing you to build a place that fits your lifestyle. Accessing the ranch is easy thanks to approximately 1,742 feet of paved road frontage on FM 51. The Lewis Ranch is located in one of North Texas' most desirable areas, offering the space and privacy of country living without giving up the convenience of nearby towns, sitting approximately 10 miles from Decatur and Bridgeport and about 30 miles from the DFW Metroplex, making it an easy drive to shopping, dining, employment, and everyday necessities while still enjoying life in the country.

Property Features

Location Information

County

Wise

Subdivision

none

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Electricity Available

Zoning

AG

Lot Description

Acreage, Agricultural, Many Trees, Wooded

Is One Story

No

Lot Size in Acres

263.621

Lot Description

Acreage, Agricultural, Many Trees, Wooded

Lot Size in Sq. Ft.

11,483,330

School

Elementary School District

Paradise ISD

Jr. High School

Paradise

Elementary School

Paradise

High School

Paradise

Additional Information

Property Type

LL

Has a Home Owners Association

No

Property SubType

Ranch

Tax Annual Amount

228.0

Status

Active

Similar Listings

Mortgage Calculator

$16,619

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$12,824

Monthly Tax

$2,965

Monthly Insurance

$830

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

Real Estate IDX Powered by iHomefinder