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This is a one of a kind property located inside the city limits of Waxahachie. Beautiful 134.496 acre tract with large mature trees along Waxahachie Creek at the back boundary of the property. It would make an excellent home site or recreational place. Excellent location just on the east side of town near the intersection of US HWY 287 Business and US Hwy 287 Bypass with easy access to IH 35E and IH 45. Property actually consists of two tracts of land divided by a state highway right-of-way. However, when you visit the property it looks like one large tract since the state has never constructed a highway. The current owners have had the use of the state property for many years. The small tract on the other side of the right-of-way consists of 30 acres. I would estimate that approximately 50 acres of the property is in cultivation and the remainder is in coastal hay production.
There is a small farm house on the property that is currently rented for $600.00 per month. The only other improvement is a implement shed or barn along the western boundary of the property. There is a City of Waxahachie water meter on the property. Additionally, there is a spring fed pond that was once an old rock pit near the center of the property on a hill that over looks the creek bottom. the pond is approximately 1.5 acres.
The owners are willing to convey 20% of the oil, gas and other mineral interest in the property along with 100% of the executive rights. And, owner financing will be considered for a qualified buyer with a minimum of 20% down payment.
From Waxahachie go east on US Hwy 287 Business (Main St.). Property is on the south side of highway approximately 3/4 miles past the Texas Department of Public Safety drivers license office. And, it is just west of the intersection of US Hwy 287 Bypass and US Hwy 287 Business. SOP
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