~69 acres of mix used land less than a mile away from the Red River. The property has nearly a mile of road frontage on three sides of the property to FM 103 and Russell Road. There is a manicured field plot on the property as well. All of these attributes give this property endless possibilities; ranging from a weekend retreat, hunting property, development or buy and hold.
Property is already connected to Co-Op electricity. Property would need water-wells drilled for water-access.
Pen-Tex Electric is the Co-Op with the meter attached.
There are two small ponds scattered on the property. With dam and soil work the pond in the northeast corner could be expanded into a ~1.5 acre pond.
POTENTIAL USE: Investment, Hunting, Recreational, Residential, Development, Ranching, Farming
MINERALS: Sellers mineral rights, if any owned, to convey with the right offer.
Property Type :
Land
Subdivision :
Mustang Lakes
County :
Montague
Style :
Land
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ByOwner last updated this listing 05/13/2024 @ 04:49
MLS: 438239454
LISTED BY: Daniel Dye, Keller Williams Realty
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
