Listing Description
UNIQUELY RARE INCOME PRODUCING PROPERTY! Experience peaceful country living with modern comfort on this breathtaking 22.85-acre property near Lake Ray Hubbard in Rockwall County. This ranch offers a combination of charm and significant potential, available at a value of less than $50,000 per acre. Perfect for move-up buyers seeking space or investors dreaming of a private retreat, this property offers incredible versatility with the potential to subdivide. All but two acres are ag-exempt, keeping property taxes remarkably low—never exceeding $500 yearly. Enjoy open pastures and rolling terrain where deer, hawks, and cranes roam freely, and two serene, naturally maintained ponds shimmer across the landscape. The property is fully equipped for agricultural pursuits with a fenced 7-acre horse pasture, a 40x40 barn with 12-ft overhangs, and a 20x20 storage building. Three tractors, numerous implements, and a flatbed trailer are ready for your use, alongside the potential for hay lease income. The home itself has been beautifully updated, featuring a breezy front porch, a peaceful back patio, and irrigated gardens. Conveniently located near HWY 276 for easy commutes, this property offers the ultimate Texas ranch dream with lasting value!
The property, including the cell tower lease and easement, is available for a price of $1.5M.