1555 Tx-34 Italy, TX 76651
This exceptional 520-acre property presents a unique investment opportunity, blending commercial potential with the charm of a working ranch and recreational haven. Located between Italy and Ennis, Texas, within the Italy ETJ in Ellis County (zip code 76651), this expansive land boasts diverse features. The property is divisible into 100-acre parcels, offering flexibility for development. Improvements include a substantial 5,373 square foot, four-bedroom, 3.5-bathroom home built in 2008, featuring a large family room, gourmet kitchen with professional appliances, media/theater room, exercise room, expansive outdoor patio, infinity pool with spa, game room, and office. Additional structures comprise a 4,200 square foot insulated barn with horse stables, a two-bedroom barn apartment, a 1,200 square foot barn, a 1,735 square foot, three-bedroom, two-bathroom house, and two smaller barns totaling 1,524 square feet. The land itself is enhanced by four ponds, two of which are spring-fed and stocked, and a picturesque covered bridge. Water resources are further supported by access to the Trinity and Woodbine aquifers. The property is ideal for cattle ranching, hunting, and various recreational pursuits. The seller will retain 51% of the mineral rights. This is a rare opportunity to acquire a substantial and versatile property in a desirable Texas location.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.