2531 Fm 1940, Franklin

$405,000

2 Beds
1 Bath
1,600 Sqft
25.52 Acres
0 Garage

Summary: Rex's Retreat is a remarkable recreational and investment property in Robertson County, offering a picturesque landscape with rolling terrain, expansive pastures, diverse wildlife, excellent habitat, and existing utilities. It stands out as an exceptional property catering to a wide range of land buyers.

Terrain & Land: Rex's Retreat features productive pastures adorned with improved grasses, ideal for supporting a cattle herd. These pastures are meticulously cultivated for round bales multiple times each year. The gentle rolling topography lends the property a sense of spaciousness. A tranquil pond is nestled within a pocket of trees, providing shade for cattle and a thriving habitat for wildlife.

The property appears to be in a good shape for sub-diving, and the terrain is open for many good homesites.

Water: The property boasts a healthy pond situated towards the center, with multiple areas suggesting the potential for additional surface water sources.

Wildlife Habitat & Food Plots: Rexs Retreat has a productive pasture of improved grasses that support a cattle herd. The pasture is cultivated for round bails several times per year. The gentle roll of the ranch gives the feel of a larger property. The pocket of trees surrounding the pond serve as a place for the cattle the get in the shade, and for wildlife to thrive.

Roads & Fencing: Rex's Retreat offers significant frontage along FM 1940, with a well-maintained dedicated entrance. The fencing along the road is in excellent condition, while the rear of the property is enclosed by high-quality fencing.

Utilities: The property is equipped with essential utilities, including electrical service and an active water meter.

Hunting Cabin/Home: The modest home on the property is currently leased to tenant. The home is sold as-is, is in less than excellent condition and provides an opportunity to revamp or remove leaving an excellent home site.

agricultural exemption.

Essential Information
MLS® #9762477
Price$405,000
Bedrooms2
Bathrooms1.00
Full Baths1
Square Footage1,600
Acres25.52
Year Built1940
TypeFarm
Sub-TypeSingle Family Residence
StatusActive
Community Information
Address2531 Fm 1940
AreaOut of Area
Subdivisionnone
CityFranklin
CountyRobertson
StateTX
Zip Code77865
Amenities
UtilitiesSee Remarks
FeaturesSee Remarks
ParkingSee Remarks
WaterfrontPond, See Remarks
Has PoolYes
Interior
InteriorSee Remarks
AppliancesSee Remarks
HeatingSee Remarks
# of Stories1
StoriesOne
Exterior
Exterior FeaturesSee Remarks
Lot DescriptionSee Remarks, Trees Medium Size
RoofSee Remarks
ConstructionSee Remarks
FoundationSee Remarks
School Information
DistrictFranklin Isd
ElementaryOutside School District
MiddleOutside School District
HighOutside School District
Additional Information
Date ListedSeptember 11th, 2023
Days on Market250
Listing Details
Office Contact(855) 968-1200
Property History
Price Reduced from $425,000 to $405,000
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Property Listed by: Capitol Ranch Real Estate

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from May 18th, 2024 at 11:30pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.