$405,000 Price Analysis 2531 FM 1940Franklin, TX 77856 2 bed 1 bath 1,600 SqFt ($253/SqFt) 25.52 acre lot. Built 1940 Listed 2023-09-11, Taxes $1,000 | ✓ USDA Eligible near Franklin, TX |
Offering a picturesque landscape with rolling terrain, expansive pastures, diverse wildlife, excellent habitat and existing utilities. It stands out as an exceptional property catering to a wide range of land buyers. Terrain and Land: Rx's Retreat features productive pastures adorned with improved grasses, ideal for supporting a cattle herd. These pastures are meticulously cultivated for round bales multiple times each year. The gentle rolling topography lends the property a sense of spaciousness. A tranquil pond is nestled within a pocket of trees, providing shade for cattle and a thriving habitat for wildlife. The property appears to be in a good shape for sub-diving and the terrain is open for many good homesites. Water: The property boasts a healthy pond situated towards the center, with multiple areas suggesting the potential for additional surface water sources.
Wildlife Habitat and Food Plots: Rexs Retreat has a productive pasture of improved grasses that support a cattle herd. The pasture is cultivated for round bails several times per year. The gentle roll of the ranch gives the feel of a larger property. The pocket of trees surrounding the pond serve as a place for the cattle the get in the shade and for wildlife to thrive. Roads and Fencing: Rex's Retreat offers significant frontage along FM 1940, with a well-maintained dedicated entrance. The fencing along the road is in excellent condition, while the rear of the property is enclosed by high-quality fencing. Utilities: The property is equipped with essential utilities, including electrical service and an active water meter. Hunting Cabin/Home: The modest home on the property is currently leased to tenant. The home is sold as-is, is in less than excellent condition and provides an opportunity to revamp or remove leaving an excellent home site. agricultural exemption.
Presented by Colton Harbert at
Capitol Ranch Real Estate.
Property MLS #9762477 from UnlockMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $unknown + $unknown $60,806 | $1,000 |
2021 | $unknown + $unknown $53,424 | $917 |
2020 | $36,714 + $13,700 $50,414 | $860 |
2019 | $35,848 + $12,100 $47,948 | $882 |
2018 | $27,063 + $12,100 $39,163 | $704 |
2017 | $29,770 + $9,525 $39,295 | $707 |
2016 | $32,882 + $9,525 $42,407 | $767 |
2015 | $28,924 + $9,525 $38,449 | $684 |
2014 | $13,536 + $12,750 $26,286 | $457 |
2013 | $13,536 + $12,750 $26,286 | $463 |
2012 | $13,536 + $12,750 $26,286 | $454 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.