Flat Farmland Tract with Covenant
PR 16031 Jonesboro, TX 76538
For Sale
$94,900
LAND - Jonesboro, TX
Lot Size10.01 Acres
Days on Market534
Property Features for PR 16031
General Information
Property type
Land
Property subtype
Other
Standard status
Active
Lot size
10.01 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
5
Listing Agency:
Davidson Craig Real Estate
(254) 386-6812
Listed By:
Judy Whaley
(254) 386-6812
Added: Feb 8, 2025
Changed: Jul 2
Last Checked: Jul 27 at 7:06PM
MLS# 11435302
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is a 10.01-acre, flat farmland tract with a portion that has been cultivated in the past, offering a blank slate for an owner’s planned project. The land is currently AG Exempt, and restrictive covenants apply to protect investment interests. Utilities are not described as installed; electricity is close by, and a well and septic would need to be installed for development.
The tract is located just off FM 1602 near the main entrance to Lone Mountain Ranch Subdivision, reducing the need to travel down an extended dirt road to access the property. The site is approximately 12 miles from Hamilton, based on the information provided.
For buyers looking for raw land, the combination of flat terrain and previously cultivated ground can simplify early planning and site preparation. Because a well and septic would be required, interested parties should factor in off-grid or site utility setup for their intended use. Prospective buyers will also want to review the restrictive covenants to confirm the development parameters that apply to the tract.
The tract is located just off FM 1602 near the main entrance to Lone Mountain Ranch Subdivision, reducing the need to travel down an extended dirt road to access the property. The site is approximately 12 miles from Hamilton, based on the information provided.
For buyers looking for raw land, the combination of flat terrain and previously cultivated ground can simplify early planning and site preparation. Because a well and septic would be required, interested parties should factor in off-grid or site utility setup for their intended use. Prospective buyers will also want to review the restrictive covenants to confirm the development parameters that apply to the tract.
Key Highlights
- 10.01‑acre flat tract just off FM 1602 and near the main entrance to Lone Mountain Ranch Subdivision
- About 12 miles (approximately 15‑minute drive) from Hamilton
- Front portion has been cultivated in the past, offering a blank slate for planned improvements
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - A 10-acre flat tract near FM 1602, suited for planned development with restrictive covenants in place.
Where is this agricultural land / farmland located?
The property is located at PR 16031 Jonesboro, TX.
What is the asking price?
The asking price for this property is $94,900.
What are key features of this property?
This property features: 10.01‑acre flat tract just off FM 1602 and near the main entrance to Lone Mountain Ranch Subdivision; About 12 miles (approximately 15‑minute drive) from Hamilton; Front portion has been cultivated in the past, offering a blank slate for planned improvements
