9312 Fm 512, Wolfe City, Texas, 75496

Listed by AirSpace, Steven Bloomquist, 214-418-2215
$699,000
1,636 Sqft
25.11 Acres
3 bd
2 ba
#21431345
Rare opportunity to own 25.110 acres featuring Magee Airport (FAA Identifier 42TX), an established FAA-registered private airport with a 2,500-foot north-south turf runway. This exceptionally level and usable property offers outstanding potential for the development of a small residential airpark community, private aviation estate, hobby farm, or recreational retreat. Conveniently located near Greenville, northeast of the Dallas-Fort Worth Metroplex, the property features approximately 2,300 feet of frontage along FM 512, providing excellent access and flexibility for future development. Existing improvements include an older 1,600-square-foot, 3-bedroom, 2-bath residence with a solar electric system and a spacious 35 x 80 aircraft hangar or workshop offering approximately 2,800 square feet of enclosed space. The home has been vacant for approximately two years and has some deferred maintenance, offering an opportunity for renovation and updating. The level topography, generous road frontage, established runway, and existing improvements make this property particularly attractive for buyers interested in creating a small aviation community with individual homesites and hangars, subject to applicable development approvals. Whether your vision includes developing a boutique residential airpark, establishing a private flying retreat, or enjoying the freedom of a spacious Texas hobby farm, this unique property offers an exceptional combination of acreage, aviation infrastructure, and future possibilities. 23.5 acres is also available for sale without the house.

PROPERTY FEATURES

  • Horse Permitted : YES
  • Vegetation : Grassed,Partially Wooded
  • Utilities : Electricity Connected,Individual Water Meter,Outside City Limits,Rural Water District,Septic,No City Services
  • Easements : Utilities,Other
  • Community Features: Airport/Runway
  • Parking Features: Driveway,RV Access/Parking
  • Has Garage
  • 2 Garage Spaces
  • Has Attached Garage
  • 2 Carport Spaces
  • 4 Covered Spaces
  • Exterior Features: Private Landing Strip,RV/Boat Parking
  • Patio And Porch Features : Covered
  • Lot Features : Agricultural,Airstrip,Taxi-way
  • Lot Features : Composition
  • Architectural Style : Traditional
  • Structural Style : Single Detached
  • Current Use : Agricultural
  • Cooling: Ceiling Fan(s),Central Air,Electric
  • Heating : Central,Electric
  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter,Pillar/Post/Pier
  • Interior Features: Eat-in Kitchen
  • Fireplaces Number : 1
  • Fireplace Features: Blower Fan,Insert,Wood Burning
  • Appliances : Dishwasher,Electric Cooktop,Electric Oven
  • Flooring : Laminate
  • Levels : One
  • Other Structures : Airplane Hangar,Barn(s),Garage(s),Private Hangar,RV/Boat Storage
  • Title Company Preferred: Town Square Title
PROPERTY DETAILS
ID: 21431345
Status: Active
Price: $699,000
Acres: 25.11 Acres
Price Per Acre: $27,838
Type: Other
Address: 9312 Fm 512
City, State: Wolfe City, Texas
County: Hunt
Zip Code: 75496
Lat/Long: 33.324394, -96.0653
Presented By: Steven Bloomquist
Phone: 214-418-2215
Email: Click to Contact