96.03 acres in Grayson County, Texas
Located on Farmington Road between US Highway 75 and Preston Road, this property could be the real estate investment you have been seeking. The property is located one-half mile south of FM Highway 902, and 2 miles west of US HWY 75. There are several recent studies with Farmington Road as a proposed future major arterial road. The property is in two tracts, which are not contiguous. Tract 1 is approx. 65.1 acres with 1,085 of road frontage. Tract 2 is 30.91 acres with approx. 1,963 of road frontage. The two tracts are approximately 955 apart. The property has an agricultural exemption with an excellent tenant farmer in place. See supplements of this listing for mapping of this unique property.
Excludes: Owner to retain 75% of available minerals. Any crops currently growing on the property.
Public Driving Directions: From US HWY 75 in Howe take the FM 902 west exit. Go two miles. South on Farmington Road for .5 mile to the property on the west side of the road.
Private Remarks: The owner might consider splitting into 2 tracts to be conveyed being the 65.11 acres, and the 30.9 acres. No other splitting configurations will be considered.