Lovejoy Ranch

$1,150,000

Available

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Property Details

ID: 43861

External ID/MLS: -- / NTREIS: 20409050

Status: Available

Price: $1,150,000

Acres: 45±

Price Per Acre: $25,556

Type: Ranches, Recreational Land, Undeveloped Land, Commercial

Address: 17000 Bumgarner Road

City, State: Justin, Texas

County: Denton

ZIP Code: 76247

Lat/Long: 33.141936, -97.383186

Presented By: Neil Sutfin

Phone: (817) 565-9613

Email: Click to Contact

Description

Situated approximately 6 miles Northwest of rapidly growing Justin, Texas are 45 acres ready for new ownership. Currently ag-exempt and used for hay production and grazing the property is cross fenced into into 5 distinct pastures including two paddock areas for cattle or horses. The property boasts two points of deeded access onto AA Bumgarner Road making it ideal for development as a 2 acre homesite community, recreational vehicle park, flex-industrial park or large private estate. A seasonal creek traverses the property and two active oil and gas wells. The wells and interior roads and equipment are operated and maintained by BKV Operating. Structural improvements include a 16’ x 15’ storage shed, a 16’ x 16’ lean-to on a metal frame and a 8’ x 26’ mobile home. Fences are a mixture of 5-strand barbed wire with pipe top railing and two cattle guards. The mobile home is serviced by a deep freshwater well and an aerobic septic system. Water well will require some minor above ground repairs to be returned to usable condition.

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