250.12 Acres in Overton, TX - $2,990,000

Land Characteristics: This approximately 250 acre offering is comprised of two non-contiguous parcels with the main improvements, large lake and two houses located on the south side of CR 26 which is approximately 234 (+/-) acres. Additional frontage along Old Providence Road bounds the southwestern portion of the property. There is an additional 13 (+/-) acres on the north side of CR 26 that is part of this property and offers an additional layer of control for both views and drive-up. The tract has an estimated 108 acres of mixed timber and 123 acres of improved pasture and native pasture areas in addition to the lake that is estimated to have just under 20-acres of surface area. The mixture of open and wooded areas throughout the property offers significant edge that is very appealing for hunting purposes and the mature stand of timber offers great visibility with a relatively clean under-story.

Terrain: Elevation on the main portion of the tract ranges from an approximate low of 390 ASL near the southeast corner of the property to an approximate high of 490 ASL. The higher elevation are located on the northern side of the tract and slope downward towards the main drainage where the lake has been constructed. South of the lake the elevation slopes upwards to an approximate high of 470 ASL near the road frontage along Old Providence Road.

Surface Water: The primary feature on the property is a large, reservoir style lake that is estimated to be just under 20-acres in size. This lake has been in place for many years and has reportedly been well managed to provide an excellent private fishing spot for the next owner. It was reported that the lake has produced Largemouth Bass up to 12 pounds in the past and the current owner reports that fishing remains strong. The lake offers a concrete boat ramp and concrete spillway. This treelined feature is very private but is visible from multiple high points surrounding the lake which offer multiple options for the development of your dream home. There are two main drainages which feed the main lake with the northern drainage also having a small pond. One unique feature of the main lake is that topography and the location of the lake appears to offer the possibility of enlarging to a much larger water feature. Currently, there is an impoundment which appears to be several acres just above the main lake that has been created by beavers. The result is excellent waterfowl habitat in addition to the already excellent hunting and fishing opportunities.

Improvements:

- 3,465 SF Main Residence

- 3 BR / 2.5 Baths

- Recently Remodeled, ceilings raised in some rooms, new fixtures

- Massive master suite with large sitting area

- Attached 523 SF, two-car garage

- Large open concept kitchen / dining area with wall of windows for natural light and terrific views of the property

- 1,702 SF Cabin

- 1 BR / 1 Bath

- Excellent views overlooking the main lake

- Large screen patio to enjoy the views in comfort

- Large all-steel Shop / Shed building with high-bay LED lighting.

- 1,092 SF is enclosed Shop with a half bath

- Attached 2,860 SF of covered equipment storage.

- 20 x 30 Detached, wood frame garage

- 1,050 SF wood frame barn

-1,196 SF wood frame barn

- Large wood deck overlooking the main lake spillway with an excellent view of the lake

- Good perimeter and cross fencing

Location: The property is located approximately 25 minutes east of Tyler with frontage along CR 26 and Old Providence. Coordinates to the front gate along CR 26 are: 32.3091; -95.0045

Minerals: The owners have a small percentage of the minerals for this property and will convey owned minerals pending an agreeable sales price. No mineral report is available and if desired would be the responsibility of the buyer.

Easements: This property has two small oil and gas pad sites which are located in the northwestern portion of the tract and not visible from the main features (houses, lake, etc). Typical utility easements also exist which provide power and community water to the improvements.

- Tree lined 20-acre lake with fantastic fishing

- 3,465 SF Main Residence; 1,702 SF Lake House

- Rolling topography with 100 of elevation change

- Combination of mature, mixed native timber and pasture

- Located within Arp ISD

- Long frontage along CR 26 & Old Providence Road

- Close proximity to SH 31 & SH 64

- Ag Exemption in place

- All boundary lines on map exhibits are approximate and should be verified by buyer

The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker or Seller. The Broker (Whitetail Properties) does not assume liability for typographical errors, misprints, nor for misinformation that may have been given to us. All property is subject to change, withdrawal, or prior sale. Buyers' agents must be identified on the first contact with the Broker and must accompany the buyer on showings to receive full fee participation.