2626 Fm 816Wolfe City, TX 75496

For Sale
Call for price

252 Acres, Ag Zoning, Great Location

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 252.19-acre property presents a unique investment opportunity in Wolfe City, Texas. Situated on the corner of FM 816 and County Road 1016, it boasts significant frontage on both roadways, ensuring high visibility and accessibility. The land features a diverse landscape including farmland, mature trees, a creek, and ponds, creating a picturesque setting. Its location offers convenient access to major transportation arteries, including U.S. 69, State Highway 11, State Highway 78, and the expanding State Highway 121 corridor, providing easy connectivity to the developing northern Dallas suburbs. The property benefits from an existing agricultural tax exemption and an active agricultural lease, generating immediate income potential. Approximately 90% of the acreage lies within Hunt County, with a smaller portion extending into Fannin County. A significant portion of the property is designated as an Opportunity Zone, offering potential tax advantages for qualified investors. The property is served by the Wolfe City Independent School District. This versatile land parcel is ideal for a variety of uses, subject to zoning regulations. Its size, location, and existing features make it a compelling investment prospect.

Highlights

  • 252.19 acres of picturesque land featuring farmland, trees, a creek, and ponds.
  • High-visibility corner lot with significant frontage on FM 816 and County Road 1016.
  • Excellent access to the expanding SH 121 corridor and northern Dallas suburbs via US 69, SH 11, and SH 78.
  • Convenient access to major transportation arteries including US 69, SH 11, and SH 78 via FM 816.
  • Located primarily within an Opportunity Zone, offering potential tax benefits.
  • Situated in Hunt County (90%) and Fannin County (10%).

Property Details for 2626 Fm 816

Property type
Other land, Land
Lot Size (sq. ft)
10,985,396 SF

Location Insight

City
Wolfe City
County
Hunt
State
Texas
Latitude
33.3586226
Longitude
-96.0467429
2626 Fm 816, Wolfe City, Texas

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2626 Fm 816
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