$1,475,000
For Sale
Browse 6 photos
Type:Purchase
Structure:Farm
Zone:Residential

Description

Discover Hickerson Farm, a property rooted in the heritage of an original 1800s Falls County settlement. Spanning 123 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 three 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 $318.81. Embrace the opportunity to own a piece of history and a profitable investment with Hickerson Farm

  • Interior Details
      • InteriorOther, SeeRemarks
  • Property Details
      • Acres123.25
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility SourceCommunityCoop, Public
  • Community and Neighborhood Details
      • CountyFalls
  • Financial Details
      • Original List Price$1,475,000
  • Other
      • MLS #551783

Location

Doug Walther | EG RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
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.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00