Era, TX land for sale with mineral rights

Status: Available
Price: $1,795,000
Acres: 115.53 +/-
Price Per Acre: $15,537
Type: Ranches, Residential Property, Undeveloped Land
Address: County Road 366
City, State: Era, Texas
County: Cooke
ZIP Code: 76238
Lat/Long: 33.45643, -97.269969
Presented By: Jared Groce
Taxes: $177

Description

100% OF MINERAL RIGHTS AVAILABLE on this 115+/- acre Cooke County ranch with road frontage on multiple roads.  Currently ag exempt and leased for cattle and farming operations.   Little Duck Creek frontage throughout the east side of the property as well as three stock ponds, provides a lot of water for cattle.  Excellent grass that has been well managed for many years.  Excellent views in multiple directions with 70' of rolling elevation change through the property.  Electricity, including three phase,  available on multiple sides of the property.  Water well needed for residential use with water wells in the area ranging from 220' to 500' deep to reach the pristine Trinity Aquifer.


LOCATION:  2.5 miles southeast of Era, TX.  5.5 miles west of I-35.  1.5 miles north of Denton County line.

ROAD FRONTAGE: OVER 4,000' of county road frontage on CR 366 & CR 336.

WATER:  3 ponds.  Little Duck Creek frontage (3,363')

UTILITIES:  Electric lines on 3 sides of the property.  No water lines in the area.

MINERALS:  100% of mineral rights are available.  There is no production or pipelines.

VEGETATION:  Native grasses include Love Grass, common Bermuda, various bluestems.

TERRAIN:  Rolling, with elevations from 800' to 870' above sea level.

SOILS:  Slidell-San Saba complex & Purves Clay Loam

TAXES:  $177 for 2021.  Property is ag exempt

IMPROVEMENTS:  Ponds. Cross fencing.

CURRENT USE:  Farming and cattle grazing.

POTENTIAL USE:  Farming, grazing, rural residential, investment, subdivision.

FENCING:  Good to fair quality.  Steel T-posts and 5-6 strand barbed wire.

EASEMENTS:  None known

LEASES:  Ag lease in place.

SHOWINGS:  Do not enter property without an appointment with listing agent. Buyers agent, if applicable, must be identified on first contact and must be present at initial showing of the property listing to the prospective real estate buyer in order to participate in real estate commission. If this condition is not met, fee participation will be at sole discretion of listing broker.

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Jared Groce

Email: jgroce@mossyoakproperties.com

Phone: (940) 390-0081

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