$1,250,000
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218.85 Acres Lot
SOLD DATE : 03/03/2025
Key Details
Property Type Other Types
Sub Type Ranch
Listing Status Sold
Purchase Type For Sale
Subdivision J H Murray
MLS Listing ID 20790339
Sold Date 03/03/25
HOA Y/N None
Annual Tax Amount $374
Lot Size 218.850 Acres
Acres 218.85
Property Sub-Type Ranch
Property Description
The Cannon Ranch is a beautiful multi-use property conveniently located in Limestone County along State Hwy 164 between Groesbeck and Mart and only 45 minutes from Waco. This property offers 218.65 acres of Central Texas land with a healthy mix of heavy woods comprised of oaks, native pecan, elm, cedar and mesquite filled with deer, hogs and other varmints and predators. The property also contains two large pastures with coastal Bermuda grasses, perfect for sustaining a sizeable herd of cattle. There are six stock tanks scattered across the property that draw dove and waterfowl and a wet-weather creek with pockets of water that traverses the property from west to east. There is an active Tri-County SUD water meter and Navasota Valley Electricity is already on the property. There is 600 feet of road frontage along Hwy 164 and the entire 3,950 foot western boundary runs along LCR 345. There is an old homestead on the property that is abandoned and has no value.
Location
State TX
County Limestone
Direction From Mart, take Hwy 164 east for 10 miles; the property entrance is at the intersection of Hwy 164 and LCR 345
Exterior
Fence Barbed Wire, Perimeter
Utilities Available Co-op Electric, Co-op Water
Street Surface Asphalt,Gravel
Garage No
Building
Lot Description Acreage, Many Trees, Pasture, Rolling Slope
Schools
Elementary Schools Mart
Middle Schools Mart
High Schools Mart
School District Mart Isd
Others
Restrictions No Known Restriction(s)
Ownership Cannon Ranch LLC
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Conventional
Special Listing Condition Aerial Photo, Survey Available
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Bought with Jacob Gorrell • Gingrich Group, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "