Leo Ranch

$240,000

Contract Pending

Property Details

  • County: Cooke
  • Address: CR 334
  • Zip: 76234
  • Type: Hunting Land, Ranches, Recreational Property
  • City: Decatur
  • Price: $240,000
  • Acres: 24
  • State/Zip: Texas 76234
  • Status: Contract Pending

TALB Member:

Beau Byars | Agent/Salesperson

Byars Beau
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Property Description

Amazing 24 +/- acres located west of the Leo community in SW Cooke County, TX! This ranch property has HUGE hardwoods, hills, creek and fishing lake. A homesite is already in place with electric and septic system. Great hunting and fishing await you at this North Texas Hill Country property close to the DFW metroplex!

LOCATION:

The property sits along CR 334, which comes to a dead end just after passing the ranch entrance, so there is very little traffic. It is just north of the growing metroplex and near to major roads and highways. Both FM 51 (highway from Decatur to Gainesville) and FM 455 (highway from Forestburg to Sanger) are within six miles. Highway 287 and I-35 are 23 miles away. Drive times to nearest cities are as such:

Decatur: 30 min
Gainesville: 30 min
Denton: 40 min
Fort Worth: 1 hr
Dallas: 1.3 hr
The property will have a Decatur mailing address and is in the Slidell ISD.

TERRAIN:

The land has 70 ft of elevation change across it, from the highest point on the county road down to the creek bottom. The land is approximately 20 acres of trees and 4 acres of grass pasture. The trees are enormous and diverse, including various species of oak, towering elm and some cedar. Newly built interior roads provide access across the whole acreage, giving you direct access to both the lake and the creek for fishing. Several ravines and washes transverse the land. Hiking is great here, with something new to always explore.

WATER FEATURES:

The land joins a 28 surface acre Soil Conservation Lake, having access to approximately 1.5 surface acres that fall within its border. The survey line goes across the lake and includes approximately four acres of trees on the south side. This lake is fed by Dixon Creek, a limestone base, spring-fed creek that keeps its water levels strong. The ranch has approximately 440 ft. of frontage on BOTH sides of Dixon Creek too! The lake has great fishing for black bass, perch and catfish. Up the creek you will find lots of black bass, which can be fly fished or spin reeled.

HUNTING:

This land has great hunting for whitetail deer and feral hog. It has virtually no hunting pressure around it. Across the lake and creek to the south is 1,900 acre conservation ranch that doesnt allow any hunting.

BUILDING SITE:

Above the lake shore up the hill is a great building site, where an electric meter is already in place. Years ago, electricity was ran down to the bottom where it was set up for seven RV hook-ups. The wiring for these hook-up needs attention to make it operational again. Each RV spot also has access to a line that runs to a central septic system also on site. For water, you would need to drill a water well.

OIL & GAS:

There is not any oil & gas production on the property. Seller to reserve any owned mineral rights at closing.

PROPERTY TAXES:

The land has a current ag tax exemption, so the taxes are minimal, estimated to be around $300 annually.

LIST PRICE:

This ranch is priced at $10,000/acre, or $240,000 total. Seller to provide new survey and title insurance.

CONTACT:

For more information or to see this ranch in person, contact agent/owner Beau Byars at cell phone (940) 224-3183.

BROKERS NOTE:

From the map you can see that this ranch is down the road from an old gravel pit. That pit is no longer in operation and is currently being cleaned up. Seller owns the land where this gravel pit is located too and can verify that there are no active gravel leases in place.

*****

No trespassing, listing agent must be present on all showings. Pre-qualified buyers only. Buyers agent must make initial contact and be present on all showings to be paid a commission.



CR 334 Decatur Texas 76234

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