$1,209,000
For Sale
Browse 5 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Discover Hickerson Farm, a property rooted in the heritage of an original 1800s Falls County settlement. Spanning 101 acres of fertile, flat land, this farm presents an exceptional long-term investment opportunity while providing immediate income from farming or leasing. Currently, the farm is leased for crop production for ongoing revenue. The property boasts small ponds and scattered trees along the interior fence lines, enhancing its natural charm. The fertile silty loam soils are perfect for agriculture, with no known floodplain, pipelines, transmission lines, or other development encumbrances. Infrastructure is well in place with a 3-inch Bell-Milam-Falls Water Supply line running along the road frontage and Heart of Texas electricity surrounding the perimeter. The property benefits from the 1-d-1 Open Space Agricultural Tax Valuation, resulting in current taxes of just $257.72. Connecting this property is another 123 acres available for purchase equaling a total of 224 acres. Embrace the opportunity to own a piece of history and a profitable investment with Hickerson Farm.

  • Property Details
      • Acres101.25
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesElectricityAvailable
      • Utility SourceCommunityCoop
      • Sewer InformationSepticNeeded
  • Community and Neighborhood Details
      • School DistrictRosebud-Lott ISD
      • CountyFalls
  • Financial Details
      • Original List Price$1,209,000
  • Other
      • MLS #551560

Location

18 Agents Online Now
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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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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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