295.25 Acres in Winona, TX - $1,670,000

We are pleased to offer this 295.25 acre tract located less than one mile off of Interstate 20 in the NE portion of Smith County. The property is a mixture of open pasture and dense mixed native timber which results in great recreational and mixed-use appeal. It is estimated that approximately 75% of the property is mixed timber with the remaining 25% being pasture area with scattered trees. The property has diverse elevation ranging from an approximate low of 360 ASL to an approximate high of 460 ASL. This approximate 100 of elevation change offers a gentle roll throughout most of the property with the exception of two large drainages located in the northern portions of the property. These drainage areas appear to be suitable for development of surface water. Currently, surface water consists of three small stock ponds and multiple springs / creeks. The property is improved with a log cabin that was reportedly constructed in 1995. The owner reports that this is a Satterwhite structure with a metal roof and SCAD reports that it has 960 SF of gross living area. This estimate of GLA does not appear to include a loft which results in an owner estimated GLA of approximately 1,200 SF. Buyer should satisfy themselves about this information as it is an estimate reported by other parties. The log cabin has dated dcor but appears to be in average condition. It is noted to have one bedroom, one bathroom, the loft for additional sleeping area or storage and a large open living room / dining room / kitchen area with a large stone fireplace. The other significant improvement is an all-steel building that is reported to be approximately 1,200 SF in size. It is insulated, constructed on a concrete slab and has electrical service. There are three older barns located on the property as well as a set of cattle pens but these improvements are in need of repair.

One unique attribute of the property is an out-parcel in the central portion of the property that is utilized as a cemetery. This cemetery is associated with the church (Siloam Church) along the CR 371 frontage and is behind a locked gate at the county road, so it is not available to the general public. The road that is used for access to the cemetery is also utilized as access to an oil / gas pad site in the eastern portion of the property. The property has very good road frontage and would be a suitable candidate for sub-division if desired. The southern boundary is along FM 1252 and the western boundary runs along CR 371. It is estimated that there is approximately 5,000 feet of frontage along CR 371 and 1,350 feet of frontage along FM 1252.

From I-20, take Exit 575 or CR 3101 at the Loves Travel Stop. Head north on CR 3101 to FM 1252. Left on FM 1252 then right on CR 371. Entrance to property is located adjacent to the Siloam Church on CR 371. Call today for your private tour.

- Fantastic mixed-use potential

- Log Cabin, Shop building and all utilities in place

- Rolling topography with 100 of elevation change

- Combination of mixed native timber and pasture

- Located within Gladewater ISD

- Long frontage along CR 371 and FM 1252

- Close proximity to Interstate 20 for ease of access

- 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.