LandKaufman (United States)

Price :

$3,400,000

USD

Euro € EURAmerican Dollar ($ USD)British Pound (£ GBP)

Surface1,294,994 m²

Property Description: This is a rare opportunity to own a large tract of undeveloped land, on the southern outskirts of Kaufman, TX and physically located in the ETJ of the city. The property has been owned and well cared for by the same family for multiple generations. A portion of the property is in the flood zone and though it cannot be built on, it has excellent recreational value. Approximately 93 +/- AC are located out of the flood zone and ready to be developed. Location: The property is located on HWY 34, which loops around Kaufman, TX, less than 1-hour east of Dallas, TX. The property sits in the southwest quadrant of HWY 34 and S Houston Street. Road Frontage/Access: The property has 3,500 ft of frontage on HWY 34 and 236 ft of frontage on Houston Street, and currently has access to both streets. Water: The main water features on the property are two lakes (6 +/- AC and 4 +/- AC) that are located near the center of the property. There are three additional stock tanks on the property as well. A city water line can be utilized and is located on S Houston Street. Terrain/Topography: The property rolls gently and the elevation ranges from approximately 370 +/- feet above sea level at the lowest point on the western side of the property, to approximately 400 +/- feet above sea level at the highest point on the eastern side of the property. Development Potential: The city of Kaufman is in a excellent growth stage and the property is prime for development. The property is not currently zoned. The property is located outside of the city limits of Kaufman, but is located in the Kaufman ETJ; a portion of the property (12.9 AC) is located in the Oak Grove Community. Currently no zoning is in place. Property has an agricultural exemption. City Demographics/Schools: As of 2018, Kaufman had an estimated population of 7,500 people residing within the city limits with an annual growth rate of 2%-3%. The subject property is served by the following Kaufman ISD schools – Nash Elementary School, Norman Junior High School, Kaufman High School. Minerals: Contact listing broker for more information. This ranch is being offered For Sale and is Exclusively Listed by Harlan Ray & David Burgher of Briggs Freeman Sotheby’s International Realty. Buyer’s brokers must be identified on first contact and must accompany buying prospect on first showing to be allowed full fee participation. If this condition is not met, fee participation will be at sole discretion of the Listing Broker. Prospects may be required to provide proof of funds prior to scheduling a showing.