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10948 Fm 898, Whitewright, TX 75491
$4,570,000
10948 Fm 898, Whitewright, TX 75491View this property at 10948 Fm 898, Whitewright, TX 75491
10948 Fm 898WhitewrightTX75491
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Property Description
It is rare a property of this size comes on the market. Being only 65 miles from Dallas, 30 miles to McKinney, or 20 miles to Sherman it gives the property great investment potential or the opportunity to enjoy the country. This is 260 acres of prime investment property with 0.5 mile of road frontage being used for farming and ranching. Approximately 185 acres is being farmed (Corn and wheat) with the other 75 acres being utilized for pasture. There are 2 houses on the property. One of them being 2822 sq-ft and the other being 1656 sq-ft. Both of them are currently rented providing additional income to the property. There is also a 100'X100' shop on the property being used by the tenant farmer. There is a pipeline and high-power transmission line across the property. There is NO FEMA floodplain.
Full Property Details
Full Property Details for 10948 Fm 898
General
- Price: $4,570,000
- Taxes: $962
- Status: Active
- Type: Farm
- MLS ID: 20518916
- Updated: 5/1/2024
- Added to Site: 113 day(s) ago
Location
- County: Fannin
- Subdivision: NA
- Driving Directions: From 4 way stop in WW take a right on 69. Then left to Bond St - FM 898 head North for 2.8 miles and the property will be to your left. The address works for Apple Maps, but not Google Maps.
School Information
- Elem School District: Whitewright ISD
- Midd School District: Whitewright ISD
- High School District: Whitewright ISD
- Elementary School: Whitewright
- Middle School: Whitewright
- High School: Whitewright
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Aerobic Septic
- Water: Community/Coop
- Utility Description: Electricity Available, Septic Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural, Cattle
- Year Built: 1986
Lot Features
- Lot Size (Acres): 260.39
- Lot Size (Sq. Ft.): 11,342,588.4
- Frontage: All Weather Road, Asphalt
- Lot Features: Acreage, Agricultural
- Potential Use: Agricultural, Cattle, Development, Grazing, Investment, Pasture, Ranch, Residential, Recreational, Single Family
- Trees/Vegetation: Grassed, Partially Wooded
- Zoning: NONE
- Fencing (Description): Barbed Wire
Financial Considerations
- Tax Amount: $962
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Special Conditions: Standard
- Legal Description: A0034 O D ALLEN, ACRES 75.8
- Exclusions: Cattle panels, chute, equipment
- Property ID: 70271
Listed by David Norman Land Company, Matthew Shaw
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Schools
Schools serving 10948 Fm 898
Rating | Name | Grades | Distance |
---|---|---|---|
305 W Highland Dr, Whitewright, TX 75491 | PK-5 | 2.2 mi | |
105 Witherspoon St, Trenton, TX 75490 | PK-4 | 7.1 mi | |
110 Scott Rd, Bells, TX 75414 | PK-5 | 7.7 mi | |
315 W Highland Dr, Whitewright, TX 75491 | 6-8 | 2.2 mi | |
1510 Ole Ambrose Rd, Bells, TX 75414 | 6-8 | 7.5 mi | |
289 Franklin Rd, Tom Bean, TX 75489 | 6-8 | 7.5 mi | |
304 Echols Ln, Whitewright, TX 75491 | 9-12 | 2.3 mi | |
2289 Farm Market 815, Trenton, TX 75490 | 9-12 | 7.2 mi | |
1500 Ole Ambrose Rd, Bells, TX 75414 | 9-12 | 7.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10948 Fm 898
Date
Details
Price
Change
Source
5/01/2024
Price Reduced
$4,570,000
-2.14%
MLS
1/24/2024
Listed
$4,670,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 10948 Fm 898
Year
Property Taxes
Change
Tax Assessment
Change
2018
$235
—
$69,380
5%
2018
$235
—
$66,270
-79%
2018
$235
—
$313,230
12%
2018
$235
—
$279,850
41%
2018
$235
—
$198,980
—
2018
$235
100%
$198,950
-6%
2014
100%
$210,710
—
2014
—
$210,150
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 10948 Fm 898
10948 Fm 898, Whitewright, TX 75491 (MLS# 20518916) is a Farm property with a lot size of 260.39 acres. 10948 Fm 898 is currently listed for $4,570,000 and was received on January 24, 2024. Want to learn more about 10948 Fm 898? Do you have questions about finding other Farm real estate for sale in Whitewright? You can browse all Whitewright real estate or contact a Coldwell Banker agent to request more information.