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TBD Hwy 287 309 Acres of Agricultural Land Offered at $6,250,000 in Rhome, TX 76078
Executive Summary
Developers and Investors ALERT- this property has great potential with preparation underway for HWY 287 to become an interstate. Property will sell with adjoining 105 acres that is listed under MLS#21152657. Total of 309 acres - $6,250,000.00 combined price. Mineral rights to be retained and surface rights only - Oil and Gas lease with approximately 5 well heads active on the property and per TARGA they are open to relocating the pipeline if needed. This can be done upon closing. Current cattle lease in play and can remain on the property for AG EXEMPTION.
Property Facts
| Price | $6,250,000 | Property Subtype | Agricultural |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 309.00 AC |
| Property Type | Land | ||
| Zoning | D1 - Qualified Open-Space Land | ||
| Price | $6,250,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | Commercial |
| Total Lot Size | 309.00 AC |
| Zoning | D1 - Qualified Open-Space Land |
1 Lot Available
Lot
| Price | $6,250,000 | Lot Size | 309.00 AC |
| Price Per AC | $20,226.54 |
| Price | $6,250,000 |
| Price Per AC | $20,226.54 |
| Lot Size | 309.00 AC |
North on Hwy 287 from 121 and then property sits on South Side of Hwy past Rhome as you enter Decatur area.
Description
309 AC available for sale on Hwy 287 in Decatur, TX.
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