For Sale

Listed by Benjamin Belew

Source: North Texas Real Estate Information Systems, Inc. #20258259

1 FM-263, Crowell, TX, 79227

$59,500

1089000 sq. ft.

Land

30+ days on the market

What's around 1 FM-263

About this property

NO HOA, NO FLOODPLAIN, NO DEED RESTRICTIONS!!! This land is located 3.2 miles west of Hwy 6 in Foard County, TX, south of Crowell near Foard City. It is cultivated ground, being offered as two tracts - Tract 1-25 acres and Tract 2-27.5 acres. The tracts have a fence on the north side along the road and on the south side separating it from a grass waterway; both tracts have frontage along FM 263, which is a paved road. Electricity runs down this road too. The land is currently being leased by a local farmer for $20 per tillable acre; he plants wheat and then grazes out with cattle. He also leases the adjoining land, so this arrangement works well if you wanted to keep the lease in place. Ground water is scarce in this area of the county, but there are a few spotted wells on neighboring farms. A Red River community water line is located just down the road. An agricultural tax exemption is in place for each tract. Both tracts are listed for $2,380 per acre.

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