48.62 Acres in Saint Jo, TX - $534,820

Beautiful Country Acreage Near Saint Jo

This beautiful country property with wonderful views has a great mix of large trees and open pastures and is located just 7.5 miles south of Saint Jo. The property has primarily been utilized for raising horses. The front of the acreage is gently sloped open pasture with improved native grasses, while the rear of the property is mostly treed, with numerous large oak and many pecan trees along the two creeks that traverse the property. A 1BR/1BA cabin originally built and lived in by the owner has been vacant for many years and is deemed no longer habitable. There is a water well and electric service/meter on site providing infrastructure for building a new home.

PROPERTY DETAILS:

-This property is located approximately 77 miles from Fort Worth, 31 miles west of Gainesville, and is less than 8 miles outside of Saint Jo.

-The east side of the acreage includes approximately...

-The east side of the acreage includes approximately 650 feet of frontage along Lazy E Road, where the gated entry is located at the NE corner of the property. The southern side of the property has approximately 1200 feet of frontage along Lazy E Rd. as the road curves to the SW. Lazy E Rd is a county-maintained gravel road.

-The approximately 1,100 square foot cabin is constructed of metal roofing and metal exterior walls, includes 1 BR/1BA, a kitchen and living area, and a laundry/utility room. The cabin has been vacant for several years and is not currently habitable, primarily due to rotted wood floor decking caused by rainwater. No value has been included for this cabin in the selling price and no appliances remain.

-The water well was drilled in 2008 and is reported to be 160 feet deep with an original yield of 15 GPM.

(Water Well Tracking Report # 164072)

-Electric service/meter is on-site near the cabin. Provider: Pentex Energy

-Outbuildings include one 8x12 wood-constructed storage shed, a 30x60 shed with metal roof and open on all sides, and a 24x50 shed with metal roof and enclosed on just 1 side. All of the outbuildings are in need of repair and no values have been assigned to the listing price.

-There are two stock tanks, the largest being approximately one acre when full, containing some fish, while the smaller tank is likely seasonal.

-Dye Creek, a live water creek, meanders along the west boundary while a seasonal creek runs from the far NE corner of the property and to the larger pond located behind the cabin.

-Perimeter fences and the cross-fence are in fair-good condition and currently holding horses. Some repairs to fences are likely needed.

-There is no oil or gas production on this property. The Seller does not believe to own any mineral interest.

-Boundaries as outlined on provided maps are approximate and a new survey will be needed to confirm the actual acreage. Per the county parcel map, the SW corner of the property may extend across the county road. To be verified by a new survey.

-The property is currently not ag-exempt.

NOTE: Buyer to confirm all information contained herein. The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker or Seller. The Broker (MacDougall Ranch Properties) does not assume liability for typographical errors, or misprints. The buyers agent must be identified on first contact with Broker and must accompany the buyer on showings to receive full fee participation. Otherwise, the fee participation will be at the sole discretion of MacDougall Ranch Properties.