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: 0.7 miles from Hwy 7, Deer Creek frontage, Income Producing, Numerous sightings of deer & hog , Property is secluded for privacy, Heavily Wooded. Water – There is no meter on the property. Brazos Valley Water (800-545-0729) is available in the area. A water line runs to the contiguous property owned by the seller thus buyer will need to run a line from the seller’s property to the subject property. Electricity –There is not an electric meter on the property. However the electric line runs parallel to the east fence line of the property. 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. Minerals – All owned minerals convey. Ag Exemption- The property is currently under Ag Exemption for tax purposes. Topography – The land is mostly flat with Deer Creek running along the southern border. A wet weather creek runs through the middle of the property. Income producing – Seventeen acres of the property is leased to a crop farmer. Tenant retains right to harvest crop post sale. Current Use – Privately owned and 17 acres is used for crop land. The remaining land is good hunting and recreation. 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. Owner Financing Available - 25% down, 6.5% interest, 10-year amortization. Presented At - $356,510 or $7,701 per acre