7523 County Road 163, Stephenville, Texas, 76401

Listed by Ranch Connection LLC, Cynthia Inman, 817-366-3850

$10,219,680

851.64 Acres

#21275825

Prime Texas ranchland located in Erath County, 15 min S of I-20 at Morgan Mill, 15 min N of Stephenville and 4 miles west of Hwy 281. The Morgan Mill 851 Ranch is a wonderfully diverse and scenic ranch with minimal improvements. The land consists of both native and improved pastures watered by the N. Paluxy River which runs through the ranch as well as drainage areas and stock tanks. Live Oaks, Texas Red Oak. Native Pecan and many other variety of native trees flourish on the ranch and in the Spring wildflowers will color the landscape. There are many hilltops offering spectacular views and potential homesites. The ranch is currently under a grazing lease. The ranch will also produce hay for winter grazing capabilities. A modest yet updated farmhouse offers 3 bedrooms and 2 baths. Other improvements include an storage shed and haybarn.

PROPERTY FEATURES

Horse Amenities : Equipment Barn
Vegetation : Brush,Cleared,Grassed,Partially Wooded
Utilities : All Weather Road,Asphalt,Co-op Electric,Electricity Connected,Gravel/Rock,Overhead Utilities,Septic,Well
Easements : Natural Gas,Utilities
Fencing : Barbed Wire,Cross Fenced
Lot Features : Acreage,Agricultural,Bottom,Brush,Cleared,Gullies,Hilly,Many Trees,Mesquite,Oak,Pasture,Rock Outcropping,Rolling Slope,Tank/ Pond,Undivided,Varied,Water/Lake View
Road Surface Type : Asphalt,Gravel
Road Frontage Type : County Road

Current Use : Agricultural,Cattle,Grazing,Hunting/Fishing,Livestock,Pasture,Ranch,Recreational,Residential
Possible Use : Agricultural,Cattle,Development,Equine,Grazing,Horses,Hunting/Fishing,Investment,Livestock,Pasture,Ranch,Recreational
Cooling: Central Air
Heating : Central
Soil Type : Clay,Limestone,Rocky/Shale,Sandy Loam,Other
Other Structures : Shed(s),Other
Special Notes : Survey Available,Verify Tax Exemptions
Zoning Description : Not zoned