Tbd Fm 51, Paradise, TX 76073

$3,558,883

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List Price
$3,558,883
MLS#
21335307
Status
ACTIVE
Type
Land
Subtype
Land
Acres
263.62
County
Wise
City
Paradise
Subdivision
none

Property Description

The Lewis Ranch is a rare legacy property, offered for sale for the first time in over 100 years, and the kind of property that's becoming harder and harder to find in Wise County. Its proximity to the FM 51 and Highway 114 interchange gives it strong long-term development potential in addition to its ranching and homesite appeal. Whether your plans include running cattle, building a home in the country, raising horses, or simply owning a piece of land the family can enjoy for generations, this ranch is set up to do it all. Seven ponds are scattered across the ranch, while Salt Creek winds through the property, providing dependable water for livestock and wildlife alike, and mature oak trees are spread throughout the landscape, offering shade for cattle during the summer months and beautiful cover for native wildlife. The ranch is well suited for a productive cattle operation with quality fencing and plenty of water, and in addition to the grazing ground, approximately 50 acres of productive tillable acreage provide opportunities for farming or hay production. If building is in your future, you'll have several outstanding homesites to choose from, with rolling pasture, scattered oaks, and views of the ponds creating a beautiful setting for a custom home, plus plenty of room for a shop, barn, horse facilities, or even a roping arena, allowing you to build a place that fits your lifestyle. Accessing the ranch is easy thanks to approximately 1,742 feet of paved road frontage on FM 51. The Lewis Ranch is located in one of North Texas' most desirable areas, offering the space and privacy of country living without giving up the convenience of nearby towns, sitting approximately 10 miles from Decatur and Bridgeport and about 30 miles from the DFW Metroplex, making it an easy drive to shopping, dining, employment, and everyday necessities while still enjoying life in the country.

Additional Information

Unexempt Taxes
$228
Lot Size
11,483,330
Lot Description
Agricultural, Trees, Wooded
School District
Paradise Isd
Elementary School
Paradise
Middle School
Paradise
High School
Paradise
Possession
CloseOfEscrow

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Listing courtesy of Phillip Dodd from Arrowhead Land Company. Contact: