1842 County Road 2125 Ivanhoe, TX 75447
Exceptional investment opportunity: a 164.39-acre Texas ranch in Ivanhoe, Fannin County (APN: 000000083782), listed at $2,950,000. This property boasts a 2,625 square foot, single-story custom home built in 2015, featuring hardwood floors, granite countertops, Viking appliances, an open floor plan, oversized garage, and extensive porch space. A whole-home Generac propane generator ensures reliable power. Additional structures include a 600 square foot bunkhouse with a full kitchen, a massive 40x60 insulated and heated shop with ample awning coverage, a four-stall horse barn with tack and feed rooms, chicken coops, and an 80x50 equipment shed. The property features improved Bermuda grass pastures, cross-fencing, and strategically placed ponds. Custom-designed working facilities enhance operational efficiency. This intensively managed ranch is ready for immediate use, offering a unique blend of luxury living and productive agricultural potential. The land value is $1,124 per square foot. The property is located at 1842 County Road 2125, Ivanhoe, TX 75447.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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