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Agricultural Land with Ponds
For Sale
$1,675,000

198 Private Road 1648, Chico, TX 76431

Land, Chico, TX

Property SizeContact for details
Lot Size70.00 Acres
Days on Market92

Property Features for 198 Private Road 1648

General Information

Property type Land
Property subtype Other
Zoning description Agriculture
Exterior features PrivateEntrance
Fencing Fenced
Lot features Acreage, Agricultural, Cleared, Backs To Greenbelt Park, Hardwood Trees, Pasture, Pond On Lot, Few Trees
Elementary school Chico
Middle school Chico
High school Chico
Elementary school district Chico ISD
Middle school district Chico ISD
High school district Chico ISD
Directions Follow GPS
Standard status Active
APN 750674
Lot size 70.00 Acres

Taxes and HOA fees

Tax Description A-1525 FE Laird
Legal Description A-1525 FE Laird

Utilities

Sewer type Septic Tank
Heating system Electric (Heating)
Cooling system Electric
Water source Well

Building Details

Additional Structures Barn(s)
Listing Agency: Formation Real Estate, LLC
Listed By: Patricia Burkhart · License #0746743
Added: Jun 16 Changed: Aug 26 Last Checked: Sep 15 at 11:06AM
MLS# 21297713

Copyright © 2026 North Texas Real Estate Information Systems, Inc. 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.

This 70-acre agricultural property in North Texas combines open pasture with mature oak and mesquite cover, ponds, and abundant wildlife. Multiple homesite areas are identified across the ranch, offering flexibility for a future custom residence or continued agricultural use. The property also includes a private entrance, fencing, a well, and a septic tank.

Located at 198 Private Road 1648 near Chico in Wise County, the ranch offers a rural setting within reach of Fort Worth, Denton, and the DFW Metroplex. The land is suited to agricultural traditions, recreational use, or a private family retreat, with water features, pasture, and wooded areas creating varied outdoor surroundings.

Key Highlights

  • 70 acres of agricultural land
  • Multiple homesite areas across the ranch
  • Ponds, open pasture, mature oaks, and mesquite

Property Analytics

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Current Use

Recreation land

Suggested Use

Top Pick Accounting Firm Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 76431, TX

3,517
Population
1,698
Households
2.1
Avg Household Size
42
Median Age
19%
College-Educated
84%
High-School Grad
120.5 sq mi
ZIP Area
29
Density / Sq Mi
$82,971
Median Household Income
$38,949
Median Earnings
$1,094
Median Rent
$186,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Fenced farmland with ponds, pasture, mature trees, and multiple potential homesites.
Where is this agricultural land / farmland located?
The property is located at 198 Private Road 1648 Chico, TX.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: 70 acres of agricultural land; Multiple homesite areas across the ranch; Ponds, open pasture, mature oaks, and mesquite
More about this property
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