115 ACRES. 26001 County Road 462, Mineola, TX. 75773 ($517,500)

26001 County Rd 462, Mineola, TX 75773

$632,000 After Repair Value -
$517,500 Asking Price -
$0 Cost of Repairs =
$114,500 Potential Profit

Property Details

Asking Price $517,500

After Repair Value $632,000

Costs of Repairs $0

Potential Profit $114,500

Living Area 114 acres ft2

Property Type Land

Bedrooms 1

Bathrooms 1

Half Bathrooms 1

Parking 1

Listed with Agent Yes

Property Description

(MORTON REALTY GROUP - STEVE MORTON - )

INVESTMENT OPPORTUNITY!! UNHARVESTED TIMBER!! 115ac of unrestricted timberland. This tract is set up and managed for maximum use of the land for timber. The uncut timber has been managed for years with true business plan. This is a great opportunity to invest in gold mine of live lumber!! With utilities already on site the possibilities are countless. Build your dream home, create your ultimate recreational paradise, set up a weekender cabin, use it for agriculture, and the list just goes on. If you\'re looking for a hunter’s mecca then this place has it all: a variety of wild game including staples like white tail and wild hogs, ponds and creeks scattered throughout giving you the option to create a duck slough, natural game trails, and over a mile of paths wide enough to fit a full size truck down. Property is used for timber production, and has been well maintained through the use of a timber company for harvesting resources responsibly. Land already has an Ag/Timber exemption that significantly discounts the property taxes. Do not miss out on this amazing investment opportunity!!

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