28.68 Acres - Hwy 281

Owner Financing Available, 15% Down Payment. 28.68 acres fronting Hwy 281 as well as Abernathie Road (private road) with electricity and its own water well that makes 15 gallons per minute. This property is mostly open with a few scattered hardwood. Great native grasses. Ag Exempt. This property is part of a development, with other tracts being available. The property is well suited for a horse or cattle operation. Asking price: $286,656

Water: Property has a water well that makes roughly 15 gallons per minute and is at a depth of 200’.

Electricity: The property has electricity. It runs from Hwy 281 to the water well.

Oil and Gas: There is one well sites on the property. One located at the northwest corner with its own entrance off Hwy 281.

Deed Restrictions: No subdividing. No manufactured, mobile or modular homes including but not limited to storage containers converted to residential use or modular storage sheds converted to residential use. No part of the property shall be used as a wreckage yard or for use of waste refuge with impermissible materials including but not limited to oil field equipment, car wreckage or parts, trash or trash pits, metal recycling, etc. RVs are permitted while building permanent residential structure(s) – no more than 12 months. No commercial uses are permitted.

If cooperating broker/agent is not present during initial contact, showing(s), and/or negotiations, the cooperating broker/agent will not be entitled to the full cooperating/compensation fee with the cooperating/compensation fee being at the sole discretion of Maddox Realty.

Directions: From Jacksboro, take Hwy 199 south for just under 7.5 miles and merge onto Hwy 281 south. Go 0.8 miles and turn left (east) onto Abernathie Road. Property will be on the left once inside the entrance.