6407 S US HIGHWAY 377

Stephenville, TX 76401
$3,750,000
123.00 acres | #20656263

Description

123 acres of income producing land located with highway frontage on Highway 377, with 2nd access to property from County Road 279. Currently the property has 2 income producing businesses on it, a Wholesale Nursery that has been operating for 36 years and a horse training and breeding facility. Property is currently Agriculture Exemption and located in an opportunity zone. Property has 4 water wells, ranging from 15GMP to 100GPM with all runoff water being recycled. 4”-6” pipe is run over the entire property for irrigation including 80 acres of field grown nursery stock. There are 30 cold frame houses with irrigation as well as 2-5 acres of irrigated growing pads for large potted trees and plants. Metal office building with 6 offices, 2 bathrooms, kitchen, large shop with storage loft, 3 roll up doors and 1 tool room. The turnkey horse facility has a large tack room, hay feed barn, 6 outside stalls with cover, 8 oversize stalls in covered arena.

  • Property Details
      • Lot description:Acreage, Agricultural, Many Trees, Pasture, Tank/ Pond
      • Acres:123.0000
      • Property type:Purchase
      • Year built:1999
      • Utility features:Co-op Electric, Private Sewer
      • Subdivision:other
      • School district:Stephenville ISD
      • Elementary School:Central
      • County:Erath
      • MLS #:20656263
      • Cost:3750000
      • Property subtype:Unimproved Land
      • MLS #:20656263

Location

Sapphire Realty Real Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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