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Property Description
Discover a rare opportunity to own 50.5 acres of beautiful North Texas countryside in Chico, offering a unique blend of open pasture, scattered hardwoods, and peaceful seclusion. This versatile property provides the ideal setting for a working ranch, recreational retreat, or future homesite, while also benefiting from an agricultural exemption for added tax advantages. The majority of the acreage is located in Wise County, with a portion extending into Jack County. As you enter through the gated access, you're immediately welcomed by expansive views and a sense of privacy that is increasingly hard to find. At the heart of the property lies a scenic lake of about 5 acres, creating a stunning focal point and offering excellent opportunities for fishing, wildlife watching, and enjoying quiet evenings overlooking the water. The land itself is thoughtfully laid out with a balance of open, usable acreage and tree coverage, making it well-suited for livestock, wildlife, or simply enjoying the outdoors. Fully fenced with multiple gated entry points, the property allows for easy access, functionality, and flexibility for a variety of uses. Adding to its appeal is a well-maintained barndominium offering just (over or under) 900 square feet of comfortable living space with two bedrooms and one full bathroom along with an open-concept living and kitchen area. The layout provides both functionality and comfort, making it ideal for full-time living, weekend stays, or guest accommodations. With well water, septic, and electricity already in place, the property is fully equipped and ready for immediate enjoyment, while still offering plenty of room to expand or build your dream home. Whether you're looking for a private escape from the city, a recreational property to enjoy with family and friends, or a long-term land investment with strong fundamentals, this property offers versatility, natural beauty, and lasting value in a highly desirable area of Wise County.
Full Property Details
Full Property Details for Tbd Cr-1990
General
- Price: $1,050,000
- Taxes: $2,892
- Status: Active
- Type: Farm
- Source: NTREIS
- MLS ID: 21213714
- Updated: 3/20/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Open Floorplan
- Appliances: Electric Range, Disposal, Microwave
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup
Exterior
- Porch/Patio/Deck: Covered, Front Porch
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- Parking Features: Attached Carport
Location
- County: Wise
- Subdivision: None
- Driving Directions: From: US-81 N(US-287 N) exit toward FM-1655 to US-287 N. Go left to W State St (FM-1655) for 1.9 mi. Turn right onto FM 2265 8.9 mi. Turn right on FM-2127 for 1.8 m. On CR 1990 Slight Right Turn & go approx. 1.5 miles. Property is on the left. 2 Signs will be up on 2 different gates. Go to 2nd Gate
School Information
- Elem School District: Chico ISD
- Midd School District: Chico ISD
- High School District: Chico ISD
- Elementary School: Chico
- Middle School: Chico
- High School: Chico
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Septic Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Other, Farmhouse
- Structure Type: House
- Detached/Attached: Detached
- Construction: Metal Siding
- Roof: Metal
- Stories/Levels: 1
- Living Area: 900 Sq. Ft.
- Year Built: 2019
Lot Features
- Lot Size (Acres): 50.5
- Lot Size (Sq. Ft.): 2,199,780
- Frontage: County Road, Asphalt
- Lot Features: Acreage, Many Trees
- Trees/Vegetation: Partially Wooded
- Fencing (Description): Full
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $2,892
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: A-326 FDL GARZA 21. ACRES BALANCE CARRIED IN
- Property ID: 7933570, 20230-00010-00108-000000
Buyer's Brokerage Compensation: 3%
Not binding unless confirmed by separate agreement among applicable parties.
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Price & Sales History for Tbd Cr-1990
Date
Details
Price
Change
Source
3/20/2026
Listed
$1,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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This property is listed by Tommy Dyer Realty Group from our Greater Fort Worth Office.Want to learn more about Tbd Cr-1990? Do you have questions about finding other Farm real estate for sale in Chico? You can browse all Chico real estate or contact a Coldwell Banker agent to request more information.

