Old Magnolia Ranch

$603,000

Property Details

  • County: Newton
  • Zip: 75932
  • Type: Hunting Land, Ranches, Timberland
  • City: Burkeville
  • Price: $603,000
  • Acres: 201
  • State/Zip: Texas 75932
  • Status: Available

TALB Member:

Jeff Portwood | Broker

Portwood Jeff
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Property Description

Perfectly private and secluded at the end of county road. Old Magnolia Ranch consist of approximately +/- 201 acres in the Sabine River influence south of the Toledo Bend dam. With about 1/2 pasture and 1/2 mature timber. This ranch could be an excellent income producing investment with great whitetail and hog hunting. With approximately 91 acres of well managed pastureland for grazing cattle and horses. Pasture perimeter is fenced with 5-strand barbed-wire and cross fenced. Some of the fence needs mending. Approximately 10 acres in 16 year-old fast-growing loblolly pine plantation row thinned in 2020and about 100 acres of mature mixed hardwood-pine...ready for harvest. Ranch comes with hay barn, an artisan water well and stock pond. Hunting is excellent around pasture edge and wooded perimeter. The old farm house has good bones but is in need of some TLC/renovation. house flooded in 20216. No value placed on house. Overhead utility (not connected) and water well in place will need to be refurbished. Licensed co-brokers are welcome to show this property by advance appointment and will receive a co-broker fee if the co-broker accompanies buyer at first showing to the closing of a sale.

Listing Disclaimer: The use and/or reproduction of any marketing materials generated by IronGate Land Company, Inc. and/or its associated clients, including, but not limited to, maps, videos, photos, spreadsheets, diagrams, contracts, documents, etc. is strictly prohibited without written consent. The information contained herein is deemed reliable but not guaranteed by IronGate Land company, Inc. The offerings are subject to change in price, errors, omissions, prior sales, or withdrawal without notice. The disclaimer supersedes all information published by other MLS sites whether by permission or not, including but not limited to, co-broker fees, if any. Acreage and dimension are approximate. County Appraisal District (CAD) market and tax values, as well as acreage size and/or shape, are not applicable to current real estate market conditions and/or this solicitation, other than for ag/timberland value (1D1) purposes.
Legal Disclaimer: Size is approximate and subject to recorded legal description or surveyed gross acres to include but, not limited to, any acres lying within roads and easements. CAD shape files are not reliable. Shape files per maps herein are considered the most accurate available and are derived using the best information available, including, but not limited to, GIS data, field data, legal descriptions, and surveys, if available.
Title & Survey Disclaimer: Cost is subject to negotiation. Seller requires use of Sellers preferred surveyor and title company.
Minerals Disclaimer: Unless disclosed otherwise, oil and gas minerals rights have been reserved by prior owners. Other reservations are subject to title and/or Sellers contract when applicable.



Property Map / Directions

At the intersection of State HYW 63 and FM 2991 (3.2 miles east of Burkville) take 2991 and travel approximately 4.0 miles to FM 2082. Take 2082 and travel approximately 5.0 miles and follow IronGate Land Co. signs to property. 2082 will dead ends at property gate.

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