14958 Fm 848, Whitehouse

$3,475,000

2 Beds
3 Baths
2,300 Sqft
289 Acres
0 Garages

Rare 289 acre ranch/investment opportunity only 15 minutes southeast of Tyler overlooking the NW portion of Lake Tyler. The rolling terrain provides beautiful views of the surrounding area and Lake Tyler and approximately half the property is improved pastures with good grass, water and cross fencing while the other half is heavily treed with good habitat for wildlife. With over a mile of frontage on both sides of Gilley Creek and 6 ponds over varying sizes, the property has good water. The main entrance is at 15424 FM 848/Bashan Road which leads to the main house/office compound which has a total of 2,300 SF. There are three additional houses along FM 848 at either end of the property which are in good repair and currently leased at good rental rates. The property has over a mile of frontage along both FM 848 and CR 2129, with utilities in both roads. Though outside the city limits, the property is in both the Whitehouse and Chapel Hill ISDs. Though the property could be developed now, it could also provide an interim use as a retreat/ranch with income from both livestock/hay and the three rental houses. FM 848 is currently a well maintained asphalt paved road with plans in the near future to be widened to four lanes.

Essential Information
MLS® #10114872
Price$3,475,000
Bedrooms2
Bathrooms3.00
Full Baths2
Half Baths1
Square Footage2,300
Square FootageAppraiser
Acres289.00
Year Built1978
TypeFARMS & RANCHES
Sub-TypeSingle Family
StyleRanch
StatusActive
Community Information
Address14958 Fm 848
CityWhitehouse
CountySmith
StateTX
Zip Code75791
Amenities
FeaturesPond, Creek
GaragesSide Entry
Has PoolYes
PoolGunite, In Ground
Interior
InteriorLaminate
Interior FeaturesCeiling Fan, Cable TV
AppliancesDishwasher, Refrigerator
HeatingCentral Electric
CoolingCentral Electric
FireplaceYes
FireplacesWood Burning
Stories1 Story
Exterior
Exterior FeaturesPorch
RoofAluminum/Metal
ConstructionOther/See Remarks
FoundationSlab
School Information
ElementaryCain
MiddleWhitehouse
HighWhitehouse
Additional Information
Days on Market225
Listing Details
AgentDavid Burgher
Office

Briggs Freeman Sotheby's International Realty - Dallas

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