14 County Road 3620, Lovelady, TX 75851
This exceptional 55.689-acre hunting and recreational property, located at 14 County Road 3620 in Lovelady, Texas, presents a unique opportunity. The estate sale offering includes improved pastureland ideal for livestock or horses, complemented by three lakes or ponds, enhancing its recreational appeal. Access is provided via County Road 3620, ensuring convenient access while maintaining a low-traffic, tranquil environment. The property is situated within the Lovelady Independent School District and boasts a "high and dry" location. Existing structures include a 1200-square-foot (CAD) fixer-upper farmhouse featuring two bedrooms and one bathroom, along with an attached garage. Additionally, an 820-square-foot (CAD) metal barn provides ample storage space. The property is designated as Tract 14 and fronts the southern side of County Road 3620, within a ranchy community. The asking price for this expansive property is $525,000. The zip code is 75851, and the property is located in Houston County. This is a rare opportunity to acquire a versatile property with significant potential for hunting, recreation, and potential development. The property's location offers a peaceful country setting with easy access to local amenities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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