TBD Farm-To-Market 2568

Description

117.00 acres, more or less, located just southwest of the city limits of Quanah, Texas, and just east of the Quanah Municipal Airport, offering excellent potential residential development land as well as continued agricultural use or long-term investment. With road access from FM 2568 along the entire west boundary, developers and builders may wish to evaluate this tract for future single-family residential subdivision, estate-sized lots, or other residential development concepts, subject to applicable approvals. Tracts of this size in close proximity to Quanah are increasingly limited and may offer developers an opportunity to plan a larger residential subdivision or phased development project, making this property an attractive opportunity for builders, developers, or...see more... investors evaluating subdivision opportunities near Quanah. The tract lies in close proximity to the City of Quanah, making it a convenient location for future residential growth while still offering the flexibility of acreage located outside the city limits. The property is accessible from FM 2568 along the entire west boundary, providing multiple potential entry points for future subdivision planning. In addition, if the currently unopened but platted city streets along the northern boundary were reopened, the tract could potentially benefit from additional access points connecting to existing streets within the City of Quanah, which may enhance development flexibility depending on future subdivision design and approvals. The land is currently in cultivation with dryland wheat, and the relatively open terrain may allow for flexible subdivision design depending on road layout, drainage planning, and infrastructure improvements. The property may also provide the ability for continued agricultural use during planning or holding periods prior to development. The property is fenced on three sides with good to new five-strand barbed wire fence with metal corner posts, while the north boundary fence consists of older heavy mesh wire fencing in fair to good condition. The tract is suitable for continued agricultural use, including grazing cattle on wheat pasture, while holding for future development or investment. To the best of Seller's knowledge, no easements or rights-of-way are known that would materially affect the use of the property, however a Commitment for Title Insurance will identify all recorded easements and encumbrances of record. Based on the size of the tract, the property may offer the potential for multiple residential lots depending on subdivision design, road layout, drainage requirements, utility availability, and governmental approvals. Depending on development design, the tract may be suitable for a range of residential lot configurations including traditional subdivision lots, larger estate-style homesites, or rural residential lots. Availability and capacity of water service, sewer or septic systems, electricity, natural gas, telecommunications, road access, drainage improvements, and other infrastructure should be independently verified by prospective buyers through the appropriate utility providers and regulatory authorities. Prospective buyers are expected to conduct their own independent due diligence regarding zoning or land-use regulations, subdivision requirements, platting, access, road construction standards, utilities, environmental considerations, and all applicable city, county, and state regulations. This property represents a rare opportunity for development-scale acreage near Quanah, suitable for builders, developers, or investors seeking to participate in the region's expanding housing demand while maintaining interim agricultural productivity. See broker's website for full description. LEGAL DESCRIPTION: 117.00 acres, more or less, in the NW/4 of Section 15, Block H, W&NW Ry. Co. Survey, Hardmen County, Texas. IMPROVEMENTS: None. PERSONAL PROPERTY: Fiberglass water trough and two portable fence panels. FENCES: G