123 Acres Lot
123 Acres Lot
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20943693
Total Fin. Sqft 6800
Year Built 1999
Lot Size 123.000 Acres
Acres 123.0
Property Sub-Type Unimproved Land
Property Description
Prime opportunity to own 123 acres of income-generating land with excellent visibility and access, featuring over 1,000 feet of highway frontage along Hwy 377 and a second entrance off County Road 279. This exceptional property is located within an Opportunity Zone and benefits from an Agricultural Exemption.
Currently home to two well-established businesses
A 36-year-old wholesale nursery with expansive infrastructure
A fully operational horse training and breeding facility
Agricultural Infrastructure includes,
4 high-capacity water wells 15–100 GPM, with a recycled runoff system
Irrigation system featuring 4”–6” pipe network spanning the entire property
80 acres planted with field-grown nursery stock
30 cold frame greenhouses with irrigation
2–5 acres of irrigated growing pads for large container trees and plants
Facilities Include:
Modern metal office building with 6 offices, 2 restrooms, kitchen, large workshop with storage loft, 3 roll-up doors, and tool room
Equestrian center with Large tack room, hay & feed barn, 6 covered outdoor stalls, and 8 oversized stalls within a covered arena
Whether you're looking to expand an agricultural enterprise, invest in income-producing land, or own a turnkey equestrian facility, this versatile property offers outstanding potential in a sought after location, could be the perfect development property.
Location
State TX
County Erath
Zoning commercial
Direction From Stephenville drive south on HWY 377 for 6miles property will be in the east side of 377
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Concrete
Heat Source Central, Electric
Exterior
Utilities Available Co-op Electric, Private Sewer
Roof Type Metal
Garage No
Building
Lot Description Acreage, Agricultural, Many Trees, Pasture, Tank/ Pond
Foundation Slab
Structure Type Metal Siding
Others
Ownership Miller
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20943693
GET MORE INFORMATION
REALTOR®, Broker Associate | Lic# 629442