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Farm and Ranch Land with Ponds

3721 FM 1396 E Ivanhoe, TX 75447

3721 FM 1396 E, Ivanhoe, TX, 75447
$425,000
For Sale
$425,000

LAND - Other - Ivanhoe, TX

Lot Size24.33 Acres
Days on Market150

Property Features for 3721 FM 1396 E

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
84825
Lot size
24.33 Acres

Utilities

Sewer type
Septic Tank

Building Details

Architectural style
Other
Additional Structures
Barn(s)
Listing agency FanninLand Realty
Listed by DeAnn Jones · License #0679190
Added: Feb 21 Updated: Jun 8 at 6:37PM Checked: Jul 21 at 11:06PM
MLS# 21186166

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.

Offered for sale as land only, this 24+ acre farm and ranch property includes multiple on-site dwellings and agricultural improvements while no value is placed on the residences. The property features a titled 2001 doublewide mobile home with four bedrooms and three baths, plus two additional non-titled mobile homes that convey with the sale. One is currently occupied, and the other is used for storage. Additional improvements include a 30-by-30 quonset hut with roll-up doors and end sections available but not installed, as well as a barn with three stalls and a tack room. Water features include a large, stocked fishing pond and two other ponds.

The property is currently receiving an agriculture exemption through Fannin CAD and has been used as a hay meadow for numerous years. It includes two electric meters, two older septic tanks, and one water meter. The seller is open to dividing the property into two parcels if less acreage is needed, and the land already has two assigned 911 addresses: 3721 E FM 1396 and 3761 E FM 1396.

This is a strong fit for buyers seeking a rural homestead opportunity with existing structures and working improvements, or for investors looking for flexible land-use potential. With the seller’s openness to subdivision and the property’s established agricultural use, it may also appeal to operators planning a diversified farm or ranch setup.

Key Highlights

  • 24.331‑acre property with an agriculture exemption from Fannin CAD, used as a hay meadow for numerous years
  • 2 residences on site: titled 2001 doublewide mobile home (2,128 SF, 4 bed/3 bath) plus 2 additional non‑titled mobile homes that convey
  • Non‑titled mobile home living in place: 2 bed/1 bath; other non‑titled mobile home currently used for storage

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Agricultural land / Farmland

Suggested Use

Grocery & Convenience Store Grocery & Convenience Store Department Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Agricultural land / Farmland - Versatile 24+ acre property with multiple water features, hay-meadow history, and outbuildings for rural living or investment.
Where is this agricultural land / farmland located?
The property is located at 3721 FM 1396 E Ivanhoe, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 24.331‑acre property with an agriculture exemption from Fannin CAD, used as a hay meadow for numerous years; 2 residences on site: titled 2001 doublewide mobile home (2,128 SF, 4 bed/3 bath) plus 2 additional non‑titled mobile homes that convey; Non‑titled mobile home living in place: 2 bed/1 bath; other non‑titled mobile home currently used for storage
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