MLS 21317101
207 Cr-1750
Chico, Texas
$1,800,000
Type: Residential
Beds: 3 Baths: 2.00 Living: 2 Dining: 1
Gar: 2 SqFt: 2,224
Remarks: Escape the rush of the everyday hustle and bustle in the city to the Collins Ranch, a traditional working ranch located in western Wise County Texas. This almost 186-acre ranch has been in the same family for a very long time and is now available for new ownership. Located an hour from Ft Worth, this ranch has 2 residences that have been updated over the years and currently are used as an income producer generating $2,700 a month in rent. Either house would easily make a great weekend getaway home. Boasting approximately 1,350 ft of road frontage on FM 2127 and 1,560 ft of frontage on County Road 1750, future potential development would be an option with Wise County populations steadily increasing annually. The ranching operation offers around 90 acres of gently sloping pastureland, currently in coastal Bermuda production. A hay barn and the smaller house are located in the center of the pastureland cresting on top of a hill to provide spectacular views through scattered mature oak trees. East of the pastureland lies rolling topography with ample trees of a wide species variety. While also being beneficial from a grazing standpoint, the back almost100 acres is an outdoor recreationist's dream. Wildlife is plentiful in this area, and the property has been leased for hunting as a result. White-tailed deer, pigs, and a variety of bird species call this native grass, shrub, and treed land home. There is currently 1 older oil and gas location located towards the east end of the property mostly hidden by the trees and terrain. Electricity is available on the east end of the property as well as up front where the houses are. Water wells and septic tanks are fully functional for the houses with electricity being the only utility available. Don't miss out on the rare opportunity to own this historical ranching operation with income production and loads of potential to use it to best fit your needs.
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Listed by: Cason Caraway
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