Elaine Davis Peebles

Leonard Office

P.O. Box 1225 / 100 E. Collin

Leonard, TX 75452

Phone:

(903) 587-3301

Fax:

(903) 587-2404

Mobile:

(903) 815-3218

Broker Associate

Profile | Contact | Listings (2)

$3,541,923.00

Listing Description

Investment property with potential for growth along the MKT Railroad across Hwy 69. These 169 acres might be a great location for a company to build a development. It is located between Celeste and Leonard about 16 miles from Greenville and 33 miles from Sherman. Job opportunities and shopping are close by. Land is located in Leonard ISD where a new elementary school has been built this year. Frontage is on an all weather road and has a 2 inch Hickory Creek water line and access to electricity from Encore or TNMP. Farm is currently leased to one of the area's top farmers, who would be interested in keeping a lease and working with a new owner. The land is well maintained crop land with Bermuda grass waterways for proper drainage.