Agricultural Property For Sale - Y'Barra Breeder Stock Farm of Shelby County

1030 CR 1205, Center, TX, 75935

 

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Y'Barra Breeder Stock Farm of Shelby County

1030 CR 1205, Center, TX 75935

Main view
  • $1,082,082
  • 154.17 AC
  • Agricultural
  • Agribusiness
  • R25623, R25536, R25837, R25627 & R25629
  • None known
    • Electricity/Power
    • Water
    • Telephone
    • Gas/Propane
  • Find Out More...
Last Verified  10/31/2009 Listing ID  15979973

1 Lot Available

Lot 1

  • $1,082,082
  • 154.17 AC
  • Agribusiness
  • 3%

Highlights

  • 4.72% proforma cap rate, $132 cash flow based on $51,122 net operating income with an 80% loan amortized over 20 years
  • Improvement replacement value of almost $1,000,000-4 breeder houses with 62,400 SF; 5,393 SF of shops, barns and sheds; 1,290 SF main residence
  • May be eligible for SBA or Farm Service Agency (FSA) loans depending on qualifications, terms, plan and other factors
  • Located 1 mile from Texas Highway 7, it affords privacy and tranquility while only 11 miles from Center, the Shelby County Seat with excellent service
  • Stable economy growing at projected 4.8% annual rate through 2013 primarily supported by oil & gas, timber and poultry industries
  • 23 mi. from Nacogdoches, 50 mi. from Lufkin, 74 mi. from Coushatta, 85 mi. from Shreveport, 147 mi. from Alexandria and 164 mi. from Houston

Description

154+ acres in the Piney Woods Region with frontage on the end of County Road 1205. It features a rolling topography with over 800' of frontage on the Pinkston Reservoir (Pinkston Lake). With an almost perfect blend of 50% wooded with pines and hardwoods and 50% pasture, the property offers a tremendous range of fauna in a great ecosystem.

The majority of the land consists of a sand and loam soil combination providing an excellent setting for crops, equestrian or cattle (the owner indicates it can easily support 100 head) and other agricultural pursuits.

The property presents an ideal setting for a combined poultry, cattle and hay production operation.

4 breeder houses with 62,400 SF; 5,393 SF of shops, barns and sheds; 1,290 SF main residence with additional 1,204 SF of decks and an in-ground pool; mobile home and various improvements with an estimated replacement value of almost $1,000,000.

No minerals convey. Shelby County does not have zoning ordinances.

(1) Located 1 mile from Texas Highway 7, it affords privacy and tranquility while only 11 miles from Center, Texas. Center, the Shelby County Seat, has an economy growing at projected 4.8% annual rate through 2013.

(2) The County economy is primarily supported by oil & gas, timber and poultry industries.

(3) Center boasts Shelby Regional Medical Center; a junior college; many restaurants and eateries including major franchises demonstrating the local economy viability including McDonalds, Sonic, Dairy Queen and Pizza Hut; and excellent regional proximity.

(4) Diverse regional proximity: 23 mi. from Nacogdoches, 50 mi. from Lufkin,74 mi. from Coushatta, 85 mi. from Shreveport, 147 from Alexandria and164 mi. from Houston.

(5) Commercial air service is available at Lufkin Regional (53 mi.), Longview Regional (70 mi.), Shreveport Regional (81 mi.), Tyler Pounds Field (119 mi.) and Houston Intercontinental (152 mi).

(6) Great interstate highway access: 47 mi. from I 49, 62 mi. from I 20 and 118 mi. from I 45.

Debt & Equity Information

Map of 1030 CR 1205, Center, TX 75935 (Shelby County)

Contact Listing Broker to find out more details.

Presented by

Coldwell Banker Commercial Southwest

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Created 11/8/2008

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