227 Acres in Marshall, TX - $1,900,000

Parsons place is 226.75 acres of decades-old hardwoods and pine forests. The 100-foot-plus tall forests create habitat for native wildlife as well as a secluded peaceful setting. The electric gate and concrete driveway lead you to the landscaped yard with the ever-running sound of water falling from the large fountain in the pond located below the main house. The 4,531 sf custom home is tucked away underneath the majestic oak and pine trees. The 4 bedroom 3 bath home has been tastefully designed including 3 fireplaces, a full office, and an indoor storm vault. The outdoor entertaining area comes complete with a built-in bar, TVs, and ample patio space for hosting large groups. The 2,000 sf insulated metal shop has built-in living quarters that works well for guests lodging or could be converted into an office or man cave. Three ponds and two creeks flow across the property providing areas for fishing and water for the wildlife. A system of over three miles of internal roads provide easy access for traveling and exploring the property. Paved FM highway road frontage is located on two sides with FM 9 on the East and FM 134 on the South. All sides of the boundary is fenced with the southern side having a new pipe and wooden post Priefert fence located along FM 134.

LOCATION

21 minutes from Marshall, TX

46 minutes from Longview, TX

1 hour 17 minutes from Tyler, TX

2 hours 34 minutes from Dallas, TX

3 hours 51 minutes from Houston, TX

TOPOGRAPHY, RANGELAND & HABITAT

Rolling elevation accompanies this property with over 60 feet of elevation change. The interior road system traverses up and down a number of high points and creeks providing some nice view corridors in the large stands of mature forest.

WILDLIFE

This property has not been hunted in 25 years. Due to this, white-tailed deer and all manner of native wildlife roam freely and are in abundant numbers.

AGRICULTURE

The property is a mixture of planted pine and mature hardwood and pine forests. No logging has occurred on the property in generations resulting in the timber being tall and magnificent. There is an estimated $600,000.00 of standing timber on the property.

IMPROVEMENTS

4,531 sf 4 bed 3 bath with an office, kitchen and formal dining rooms, working laundry room, built-in storm vault, workshop in the garage, two car garage, and ample closet space. The house is also connected to a backup propane generator that can power the entire home. There is a large outdoor entertaining area including a patio as well as a covered bar area with a custom outdoor stone fireplace. The 2,000 sf insulated metal shop has water and power with full living quarters built in. There is also a covered area with a concrete slab designed for parking an RV or fifth wheel.

WATER

Water for the house and shop is provided by the local water company, Leigh Water Supply. There is currently not a water well on the property although one can be added fairly easily if desired. No acreage of the property is located in the floodplain.

ELECTRICITY

Electricity is provided by Panola-Harrison Electric Cooperative.

AREA HISTORY

Owned by the same family for over two decades, this property has been used as a weekend retreat and recreational getaway.

Annual taxes for the property are around $3,500.00 per year.

The information contained herein has been gathered from sources deemed reliable; however, Republic Ranches, LLC and its principals, members, officers, associates, agents and employees cannot guarantee the accuracy of such information. The information contained herein is subject to changes, errors, omissions, prior sale, withdrawal of property from the market without prior notice, and approval of purchase by owner. Prospective buyers should verify all information to their satisfaction. No representation is made as to the possible value of this investment or type of use, and prospective buyers are urged to consult with their tax and legal advisors before making a final determination.

Real Estate buyers are hereby notified that real properties and its rights and amenities in the States of Texas; Oklahoma; Colorado; Louisiana; Arkansas; and New Mexico are subject to many forces and impacts whether natural, those caused by man, or otherwise; including, but not limited to, drought or other weather related events, disease (e.g. Oak Wilt, Anthrax, Chronic Wasting Disease), invasive species, illegal trespassing, previous owner actions, neighbor actions and government actions. Prospective buyers of Texas real estate, New Mexico real estate, Colorado real estate, Oklahoma real estate, Arkansas Real Estate, or Louisiana real estate should investigate any concerns regarding a specific real property to their satisfaction.

When buying investment property the buyer's agent, if applicable, must be identified on first contact and must be present at initial showing of the property listing to the prospective real estate investor in order to participate in real estate commission. If this condition is not met, fee participation will be at sole discretion of Republic Ranches, LLC.

Republic Ranches, LLC reserves the right to require any or all interested buyer(s) of a particular property to provide proof of financial ability to purchase said property prior to the initial showing or any subsequent showing of the property. Republic Ranches, LLC also reserves the right to refuse to show a property to a potential buyer for any reason at Republic Ranches, LLC's sole and absolute discretion.