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- Property Information.pdf
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Details about the Land
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| County: Upshur |
Type: Acreage |
Acres: 2228 |
| Address: |
City: Gilmer |
State: Texas |
| Zip: 75644 |
Price:
$6,675,000.00 |
Status: Available |
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Description of the Land
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TERMS OF SALE:
**Property Being Offered as a Whole or in Parts**
Asking Price: $6,675,000. Offers on individual parcels will be evaluated on a parcel by parcel basis.
PROPERTY DESCRIBTION: Approximatley 2,228 contiguous acres of gorgeous East Texas timberland situated 12 miles North of Longview in the rolling hills of Upshur County. This one-of-a-kind property features it's own private lake stocked with Florida Bass and 5.5 miles of beautiful frontage along Little Cypress Creek. With over 2.5 miles of road frontage--approximately 0.5 miles of frontage on Hwy 154, approximately 1 mile of frontage on FM 555, and approximately 1 mile of frontage on Azalea Road--and with it's additional 60 acre potential lake-site, this property offers a buyer a great recreational tract with significant rural residential potential. Another compelling attribute of this property is the considerable amount of timber value growing on the property which can be monetized to generate significant near-term cashflows for the buyer.
KEY FEATURES: 14 acre managed lake, stocked with Florida bass An additional 60 acre lake-site Beautiful frontage along Little Cypress Creek (approximately 5.5 miles of frontage) Well developed road system throughout property Significant timber value growing on property Successful subdivision development just across the street Located 12 miles North of Longview, TX Located 30 miles Northeast of Tyler, TX Located 60 miles West of Shreveport, LA Located 100 miles East of Dallas, TX
TIMBER INFORMATION:
Acres by Cover Type: Upland Pine...........745 acres (33%) Pine/Hardwood.........735 acres (33%) Bottomland Hardwood...725 acres (33%) Water................. 23 acres (1%)
Merchantalbe Timber Inventory: Cruise Date: 9/8/2006 (Volumes have NOT been adjusted for growth) Pine Sawtimber.........37,119 tons Pine Pulpwood..........12,489 tons Hardwood Sawtimber.....790 tons Hardwood Pulpwood......8,121 tons * Timber Inventory was not conducted on a property wide basis. The owner broke the property into stratas/compartments, and only those statas containing considerable timber were inventoried. ** It is estimated that approximately $400,000 to $500,000 of additional hardwood timber is growing in stratas not inventoried. *** Additional timber inventory information available upon request--i.e., cruise maps, stand tables, etc.
REAL ESTATE AGENT PARTICIPATION: The property will not be listed, but Eagle Land & Timber will enter in to non-exclusive one-time showing agreements with licensed real estate agents who are representing qualified prospects for this property. If the real estate agent has a client that expresses a direct interest in the tract, then the agent should contact Eagle Land & Timber about executing a non-exclusive one time showing agreement. If Eagle Land & Timber should complete a sale of this property to the registered client within 6 months from the date of the agreement, Eagle will pay a 2% commission on gross sale proceeds to the real estate agent involved. The real estate agent should ascertain whether or not his prospect has previously contacted Eagle concerning this property before agent requests a one-time showing agreement. |
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Gilmer, Texas, 75644
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View in Google Earth
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Land
Barn Information
Barn(s)
Electric to Barn
Game
Ducks
Hog
Turkey
Whitetail Deer
Number of Lakes (water over 5 acres)
1
Property Type
Farm/Ranch
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Easements
Electric
Pipe Line
Telephone
Land Type
Crops
Present Use
Hunting/Fishing
Road Frontage Desc
Asphalt
FM Road
U.S. Highway
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Fish
Bass
Lot Description
Acreage
Property Tax Exemption
Yes
Will Subdivide
Yes
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Find more property:
Texas Land for Sale |
Gilmer, Texas Land for Sale |
Upshur County Land for Sale
NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by LandsofAmerica.com, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.