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David Sheehan

REFLECT Real Estate

david@reflectre.com +1(214) 923-5897

$2,150,000

Est. payment - /mo

3 Beds

2 Baths

2,224 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Farm/Ranch

Listing Status Active

Purchase Type For Sale

Square Footage 2,224 sqft

MLS Listing ID 21195359

Bedrooms 3

Full Baths 2

HOA Y/N None

Year Built 1959

Annual Tax Amount $156

Lot Size 186.000 Acres

Acres 186.0

Property Sub-Type Farm/Ranch

Property Description

Escape the rush of the everyday hustle and bustle in the city to the Collins Ranch, a traditional working ranch located in western Wise County Texas. This almost 186-acre ranch has been in the same family for a very long time and is now available for new ownership. Located an hour from Ft Worth, this ranch has 2 residences that have been updated over the years and currently are used as an income producer generating $2,700 a month in rent. Either house would easily make a great weekend getaway home. Boasting approximately 1,350 ft of road frontage on FM 2127 and 1,560 ft of frontage on County Road 1750, future potential development would be an option with Wise County populations steadily increasing annually. The ranching operation offers around 90 acres of gently sloping pastureland, currently in coastal Bermuda production. A hay barn and the smaller house are located in the center of the pastureland cresting on top of a hill to provide spectacular views through scattered mature oak trees. East of the pastureland lies rolling topography with ample trees of a wide species variety. While also being beneficial from a grazing standpoint, the back almost100 acres is an outdoor recreationist's dream. Wildlife is plentiful in this area, and the property has been leased for hunting as a result. White-tailed deer, pigs, and a variety of bird species call this native grass, shrub, and treed land home. There is currently 1 older oil and gas location located towards the east end of the property mostly hidden by the trees and terrain. Electricity is available on the east end of the property as well as up front where the houses are. Water wells and septic tanks are fully functional for the houses with electricity being the only utility available. Don't miss out on the rare opportunity to own this historical ranching operation with income production and loads of potential to use it to best fit your needs.

Location

State TX

County Wise

Direction From Chico head west on FM 1810 for 5.5 miles to FM 2123. Turn right on FM 2123 and go 0.9 miles to CR 1750. This intersection is the southwest corner of the property. Turn right on CR 1750 to go to residences.

Rooms

Dining Room 1

Interior

Interior Features Walk-In Closet(s)

Heating Central, Propane

Cooling Central Air

Flooring Hardwood, Laminate

Fireplaces Number 1

Fireplaces Type Den, Wood Burning Stove

Appliance Dishwasher, Electric Oven, Electric Range

Heat Source Central, Propane

Laundry Electric Dryer Hookup, Utility Room, Washer Hookup

Exterior

Exterior Feature Covered Patio/Porch

Garage Spaces 2.0

Carport Spaces 2

Fence Barbed Wire

Utilities Available Asphalt, Electricity Connected, Outside City Limits, Septic, Well

Roof Type Composition

Street Surface Asphalt

Total Parking Spaces 4

Garage Yes

Building

Lot Description Acreage, Many Trees, Cedar, Oak, Varied

Story One

Foundation Slab

Level or Stories One

Structure Type Rock/Stone,Wood

Schools

Elementary Schools Chico

Middle Schools Chico

High Schools Chico

School District Chico Isd

Others

Restrictions No Known Restriction(s)

Special Listing Condition Aerial Photo

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21195359

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Cason Caraway • Post Oak Realty West

NEARBY SCHOOL & BUSINESS

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Reflect Real Estate

+1(214) 449-1822

Brokerage | License ID: 9010073

Brokerage License ID: 9010073

187 Cr-1750 Chico, TX 76431