Tbd CR 494N, Chilton, TX, 76632

Description

Located just 20 minutes from Waco, approximately 1 hour 15 minutes from Dallas, Texas, 1 hour 15 minutes from Austin and 2 hours 30 minutes from Houston. Amenities: 0.3 miles from Hwy 7, Approximately 575 FT of frontage on CR 494N, Income Producing, Custom Homesite, Wet weather creek borders the rear of the property, walking distance from the new Dollar Store built at the intersection of Hwy 7 & CR 494A. Water – There is no meter on the property. Brazos Valley Water (800-545-0729) is available in the area. A waterline runs on the property parallel to CR 494N. Electricity –There is not an electric meter on the property. However the electric line is located on the property running parallel to CR 494N. Oncor Electric Delivery services the area. Soil – There are various soil types that make up the property. FEMA maps are not available in Falls County, TX. Ag Exemption- The property is currently under Ag Exemption for tax purposes. Minerals – All owned minerals convey. Income producing- The majority of the property is leased to a crop farmer. Tenant retains right to harvest crop post sale. Topography – The land is flat. Current Use – Privately owned and is used for crop land, and recreation. Frontage area is pastureland. Cropland can easily be converted to livestock grazing. Easements – An abstract of title will need to be performed to determine any easements that may exist. Known easements are an Atmos Gas line 9’ feet off the property fence line that fronts CR 494A. Fuel pipeline runs across the property. Owner Financing Available- 25% down, 6.5% interest, 10-year amortization.