7397 Fm 1803 Athens, TX 75752
This exceptional 125-acre property in Henderson County, Texas, presents a unique investment opportunity. Located near Athens, this legacy farm boasts a 10-acre pecan orchard with 165 producing trees, irrigated by a 400-foot deep well. Fifteen acres are currently used as hay meadow, with additional pastureland ideal for livestock or further hay production. Hunters will appreciate the abundant wildlife, including whitetail deer and hogs, enhanced by the hardwood and pine timber. A spring-fed pond provides water, and a 30x50 metal building with concrete flooring offers ample storage. A separate hay storage barn with cattle feeding trough is also included. The property also features a 2,432 square foot manufactured home with four bedrooms and three bathrooms. Two additional outbuildings provide space for lawn equipment and pecan processing. A historical cemetery, accessible via easement, is located on the property and is well-maintained. The property is unzoned and includes APNs 209842, 212593, 297833, and 314827. The asking price is $1,700,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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