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$10,815,405
Est. payment /mo
460.23 Acres Lot
UPDATED:
11/11/2024 10:26 PM
Key Details
Property Type Vacant Land
Sub Type Ranch
Listing Status Active
Purchase Type For Sale
Subdivision T E Carpenter - Abst 102
MLS Listing ID 20774388
HOA Y/N None
Lot Size 460.230 Acres
Acres 460.23
Property Description
Nestled just 5 miles north of the rapidly developing town of Cresson, Texas, lies the stunning Milburn Ranch. This expansive 460-acre property embodies the perfect blend of natural beauty, strategic location, and vast potential, making it an attractive opportunity for commercial investment. Approximately half a mile of highway frontage (Monroe Highway), offers great visibility. The ranch’s diverse landscape, featuring open pastures, wooded brush areas, the serene Rucker Creek, and several well-maintained tanks, provides a versatile canvas for a variety of commercial ventures. Remarkably, the Milburn Ranch has been in the same family for nearly a century, adding a rich historical significance and a legacy of land stewardship that has always remained paramount.
Fort Worth: 30 miles
Weatherford: 20 miles
Granbury: 12 miles
Fort Worth: 30 miles
Weatherford: 20 miles
Granbury: 12 miles
Location
State TX
County Hood
Zoning None
Direction Please contact listing agent for directions.
Exterior
Fence Barbed Wire
Utilities Available Co-op Electric, Electricity Connected, Well
Street Surface Asphalt
Garage No
Building
Lot Description Acreage, Agricultural, Many Trees, Cedar, Oak, Pasture, Tank/ Pond, Undivided
Schools
Elementary Schools Acton
Middle Schools Granbury
High Schools Granbury
School District Granbury Isd
Others
Restrictions None
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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Listed by Sheldon Wellborn • Ranch Connection LLC