$11,505,750
460.23± Acres
Available
Hood County, Texas

Granbury, TX - Milburn Ranch 460

ID: 56089
External ID/MLS: --/20620582
Status: Available
Price: $11,505,750
Acres: 460.23
Price Per Acre: $25,000
Type: Ranches, Recreational Land, Business Opportunity, Commercial, Farms, Undeveloped Land, Horse Property
Address: 4301 Monroe Hwy
City, State: Granbury, Texas
County: Hood
Zip Code: 76035
Presented By: Cynthia Inman

Description

http://www.milburn-ranch.com

  • 460.23 Acres
  • Location that is within 30 minutes of Fort Worth, Texas on the Monroe Hwy, 4 miles north of Granbury and Cresson
  • Virtually a blank canvas of rolling native Texas prairie. A small farmhouse, water well, barn, fencing and a set of pens are the only improvements.
  • Rock bottom Rucker Creek runs through the ranch offering running water in rainy seasons and drinking holes in summer. Several tanks provide water for livestock.
  • Open pastures are broken by wooded wildlife habitat.

Nestled just 4 miles north of the ever expanding Granbury and Cresson area in North Texas, sits the beautiful Milburn Ranch. This expansive 460-acre property embodies the perfect blend of natural beauty, strategic location, and vast potential, making it an attractive opportunity for a family legacy, investment and/or development options  due to the westward growth in that area!  Approximately half a mile of highway frontage (Monroe Highway), offers great visibility and access to Milburn Rd offers two points of entry.  The ranch's diverse landscape, featuring open pastures, wooded brush areas, the serene Rucker Creek, and several well-maintained tanks, provides a versatile canvas for a variety of commercial ventures...industrial, residential, etc.  Remarkably, the Milburn Ranch has been in the same family for almost a century providing solid land stewardship.

Regarding the water situation, the current well is old and shallow (86 feet), and the exact gallons per minute (GPM) is unknown. The owners previously consulted Watts Drilling about drilling a 1,400-foot well to reach the Trinity Aquifer, but found it to be quite expensive. For context, most wells in the area are drilled to depths of 350 feet to 580 feet and produce 30 to 50 GPM. The nearest new development consists of small acreage homesites that include their own water wells. Utility providers in the area include United Cooperative Services for electricity and Atmos Energy provides natural gas distribution in the area.  A 4.5" gas pipline crosses the ranch near the highway on a corner.

The ranch is surrounded by other large properties which creates a nice wildlife habitat for whitetail deer, turkey, dove, varmint, hog, song birds and more.

Fort Worth: 20 minutes

Weatherford: 15 minutes

Granbury: 15 minutes

Cresson: 5 minutes

Price: Upon request

Please see the broker and commission disclaimer below regarding the property listing:

Commission splits will be at the sole discretion of the Listing Broker. To participate in the commission, the Buyer's Broker/Agent must be identified upon first contact with the Listing Broker/Agent and the Broker/Agent must be present at the initial touring of the property.

 

Directions:

 

From Fort Worth, TX:   Take 377 S to Cresson and turn west (left) on Hwy 171, turn left on the Monroe Hwy, to the ranch.  Ranch Connection sign on fence.

From Weatherford, Take Hwy 171 to the Monroe Highway, turn right to property with sign.

Directions to 4301 Monroe Highway, Granbury, TX

Showing Instructions:

Call listing broker

Additional Details

Additional Info

Wildlife: Dove, Hogs, Small Game, Turkey, Whitetail Deer
Recreation: Fishing, Hunting
Water Access: Creek, Pond
Improvements: Barn, Farm House, Fencing, Shed, Well

Ask Cynthia About This Property

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