Oak Creek Ranch
Midlothian, Texas | $1290000
Acreage: 86 Acres
Location: Midlothian, Texas
Price Reduction: $1,290,000
For more information, contact Charlie Middleton at [email protected].
We are honored to have obtained the exclusive listing on a very well located small ranch in the path of DFW growth. The Oak Creek Ranch is located approximately 30 miles from either Dallas or Ft. Worth and due south of the Dallas Central Business District. Midlothian, Texas is just west of the property with Waxahachie, Texas being 5+/- miles to the east.
Acres: 86+/- acres
Water: The ranch has both an all weather creek along with municipal quality water provided by Sardis-Lone Elm Water Supply. There is a water hydrant located in the southwest corner of the property on the highway.
Access: The property is accessed via two (2) paved two lane roads. Both Skinner Road and F.M. 875 provide access to the ranch.
Improvements: Oak Creek Ranch is adequately improved with a 2500+/- square foot single family home. The house has three bedrooms, two baths along with a nice den and kitchen. The covered back patio and tree lined backyard are great for evenings outside. The home is currently occupied by the owners.
Minerals: Owner believes they own a substantial amount of the minerals of which they will convey 25% of any owned minerals. There is currently no production.
Price Reduction: $ 15,000.00 per acre
Remarks: This very well located property offers tremendous development potential. There are several new housing developments within a couple of miles from the subject property with houses in the $300,000 to $500,000 range. Whether looking for a small ranch to build your dream house and bring your horses or an investment property ready to build out, this property deserves a look. This property is currently located in the Waxahachie school district with a new high school just completed. There is an additional 43 acres next door with the same configuration that is also available if you wanted additional acreage.