FM 934 Fm-934 Itasca, TX 76055

$9,991,000

About this home

Property Overview

Available for sale for the first time since the 1940s, the Baker Family Ranch is loaded with opportunity and history. This 500+ acre working cattle ranch is home to a 30+ acre lake, the headwaters of Richland Creek, and served as the home of Fort Smith in 1847. Located in northeastern Hill County with nearly 2 miles of paved road frontage on FM 934, the Baker Family Ranch has been nurtured and stewarded by the same family for more than 70 years. Strategically situated just north of and between the I-35W and I-35E split, this ranch is an hour drive from Fort Worth or Dallas. From your home, the airport, or the office this property is easily accessible for weekends at the ranch. With a combination of gently rolling native pastures and hay meadows at lower elevations, the ranch conservatively supports an active cow-calf operation. Towering hardwoods create privacy and seclusion for you to relax and enjoy nature. The ranch is also next to the 4K Richland Creek Ranch - a historic ranch whose owners operate ranch land across six counties with total capacity across all properties exceeding 3,500 animal units.

From an investment perspective the ranch is located in an opportunity zone and has an active agricultural valuation (“ag exemption”). Water is supplied by a Files Valley Water Meter, and electric service lines are located on the southeast side of the property. The Baker Family Ranch offers more than just an investment opportunity within an hour drive of the 3rd fastest growing metroplex in the country - it is an opportunity to have more than 500 acres and a large lake within an hour of America’s fourth largest metropolitan area.