Breadcrumb Bloack

5284 FM 3298 Powderly, Tx, 75473-3729, Lamar

$240,000 USD
  • 2

    BEDS
  • 1.0

    BATHS
  • 15.00

    ACRES

5284 FM 3298 - Active Contingent

Powderly, Tx 75473 (MLS: 13799228)

$240,000 USD
  • 2

    BEDS
  • 1.0

    BATHS
  • 15.00

    ACRES

Walnut Ridge Farm

GENERAL DESCRIPTION: Walnut Ridge is approximately 15.121 +/- acres located in northern Lamar County, Texas. This beautiful recreational farm is located approx. 5 miles east of Powderly, Texas and about 15 miles NE of Paris, Texas. Walnut Ridge has a 2 bedroom/ 1 bath home with living area, den, country kitchen, and an open dining area. Large mature hardwoods that create shade from the sun border the east side of the home. The property has a 1-2-acre fishing pond stocked with bass, brim, and catfish. An abundance of wildlife, including whitetail deer, hogs, ducks, and dove move throughout the property. Walnut Ridge is on a high point in the area and is within 5-7 miles of the Red River and Pat Mayse Lake. LOCATION: The farm is located on FM 3298 about 5 miles east of Powderly, Texas. The property is 126 miles northeast of Dallas with even closer proximity to Paris, McKinney, Allan, Sherman, Bonham and Denison, Texas. The farm is a little over an hour drive from the DFW metroplex which makes this a perfect second home Investment property. IMPROVEMENTS: The property has a 2 bedroom, 1bath house on the property, as well as an attached 1 car garage. There is a large storage barn on the property that can be used for storing boats, tractor, farm and recreational equipment, or hay. AGRICULTURE: Walnut Ridge’s 15.121 acres has some of the most fertile soil in the state of Texas. This area known as the Blackland Prairie consist of deep rich soil and is well suited to row crop cultivation or growing excellent grass for grazing. Per the NRCS soil map, the farm is categorized as 85-90% prime farmland. This very productive farm has excellent drainage consisting of mostly Class II and III Crockett, Annona loam, silty loam and Wilson soils. Crop production in the area consist of Corn, Milo, Wheat, Soybeans and Cotton. The farm could also be used for excellent hay production and a small horse farm. WATER: The farm receives an average yearly rainfall of 47-49 inches. There is 1 pond with excellent fishing and provides water for the rich wildlife populations in the area. There is also the possibility to build additional ponds on the property. The property is also supplied by rural water to the home. WILDLIFE: The farm is rich in wildlife including Whitetail deer, wild hogs, ducks, occasional geese on the pond, and other wild game. The current owner and neighbors report seeing some very high-quality bucks in the area. The proximity to the Red River and Pat Mayse Lake makes the farm an ideal location for ducks to feed in the morning and evenings. BEST USE: Walnut Ridge’s current use has been a family farm for recreational weekend use. The proximity to Paris and the Metroplex make this property an ideal for residential use. Located in the North Lamar ISD the property is in one of the finest school districts in the area.

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(214) 208-4279

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