Residential Land For Sale
$599,900
550 County Road 463
Mexia, Texas, United States
60 acres
Listed By: Landcentury
Listed On: 09/13/2023
Listing ID: GL10759839
Description
60 Acres UNRESTRICTED Cattle Ranch with County Road, Electric, Water, with LOW PROPERTY TAX Just Outside of Mexia, Texas https://land.elegment.com/product/mexia_a/ Cash Discounted Price: $599,900 Owner Finance: $175,900 down, then $2,553.66/Month for 30 years (@6% interest) Plus $26/month service fee. Reservation Fee: $900 non-refundable reservation fee secures this property. Reservation fee will be counted toward purchase price and down payment. BBB A+ Rating Business: we are a Better Business Bureau Greater Houston Accredited A+ rating business! We ensure our customers have a seamless buying experience built on mutual trust. Call us today at (970) 420-2440, email us sale@elegment.com, ask any questions about our listings or purchase processes, we will help you find the right land. Purchase Closing – we provide the best Buyer Protection on your land title Option 1: Title Company Closing Title company will handle the closing. Cash Buyer will receive a Warranty Deed. Seller Financed Buyer will receive a Warranty Deed + Deed of Trust.Buyer pays $350 closing fee + around $2500 title insurance. Buyer responsible for current year and subsequent year property taxes.Seller pays $350 closing fee + around $2500 title insurance. Option 2: In House Closing: Elegment Dream Acres to provide Buyer an existing copy of Seller title insurance.Cash Buyer will receive a Warranty Deed. Seller Financed Buyer will receive a Warranty Deed + Deed of Trust.No fees for Buyer. Buyer responsible for current year and subsequent year property taxes.Elegment ID: TX_Mexia_AState: TexasCounty: Limestone CountyAddress: Limestone County Road 463, Mexia, TX 76667GPS: 31.63927, -96.52089 (ranch southern entrance)Size: 60 AcresDimension: 1235 ft x 2116 ftParcel Number: (TBD)Title: Free Clear, Warranty DeedZoning: Residential/AgriculturalTerrain: Flat with treesTaxes: $200 per yearPOA: NoneRoad: County RoadElectric: Oncor Electric, buyer to verify connection cost.Water: White Rock Water, $3500 tap in fee.Sewer: Need septic.Phone: ATT and other local service providers.Internet: ATT and other local service providers.Trees: cleared, some treesFEMA Flood Zone: not in FEMA Flood ZoneRV’s: RV is allowedMobile Homes: mobile home, manufactured home is allowedCity Limit: Property is OUTSIDE of the City Limits of Mexia, TXLegal: See Exhibit ASTEP 1: Navigate to Ranch South Gate Entrance: https://goo.gl/maps/ecj8U4N6FY3kVb8i8STEP 2: Navigate to Tract A Northeast Corner inside the ranch: https://goo.gl/maps/cTso4dAuXY6r6Vja7Corner and Boundaries: https://www.google.com/maps/d/edit?mid=11VS0MWZbCC5slUe_tK7-0zfQV_hbzoirusp=sharing(when you are near the land, click this link on your phone to open Google Map, the RED BOX shows the land boundary, the FLASHING BLUE DOT shows where you are standing)Overall Subdivide Map: https://www.google.com/maps/d/edit?mid=1JNQpjq3OZEiWN0gYLBQj-nU5l-YCGZenusp=sharingThe Property: This is Tract A with 60 Acres; 3 Minutes to Mexia, TX; 5 Minutes to U.S. Hwy 84 East; 45 Minutes to Waco, TX. Tract A = 60 Acres, our largest tract, 100 feet Lime County Road 463 frontage, electric service, and water service AND a Well!Tract B = 18.43 Acres, comes with a HALF acre beautiful pond, 525 feet Lime County Road 463 frontage, electric service, and water service.Tract C = 15 Acres, 415 feet Lime County Road 463 frontage, electric service, and water service.Tract D = 15 Acres, 410 feet Lime County Road 463 frontage, electric service, and water service.Tract E = 30 Acres, comes with TWO beautiful ponds, 540 feet Lime County Road 463 frontage, electric service, and water service.Tract F = 23.58 Acres, comes with a beautiful pond, an existing water well, the old Murphy’s Dairy building, private road bar gate entrance from Lime County Road 463, electric service.Tract G = 15 Acres, 450 feet Lime County Road 469 frontage, electric service, and water service.Tract H = 13 Acres, 505 feet Lime County Road 469 frontage, electric service, and water service.Tract I = 10.22 Acres, 405 feet Lime County Road 469 frontage, electric service, and water service.Tract J = 20 Acres, 450 feet Lime County Road 469 frontage, electric service, and water service. This property features Gorgeous native improved pasture grasses that provide nutrient-rich feed for cattle livestock. Stock ponds with bass and perch are featured on Tract B, Tract E, and Tract F in this development making an excellent fishing and camping retreat. This property has over 1990 feet LCR 463 road frontage and 1810 feet LCR 469 road frontage, easy access to each tract. Electric lines by Oncor Electric run along all of the LCR 463 and LCR 469 frontage. Water service is available through White Rock Water SUD. Being close to Mexia, all tracts have excellent cellular / mobile phone coverage. This land has an existing cattle rancher paying annual lease at $18/acre/year. Enough to cover your full year property tax! This also means you can keep your taxes low and maintain your property in Agricultural Exemption. Each tract has already been approved with Limestone County for Agricultural Exemption. In Texas, a Tract of Land will require at least 10 Acres in order to keep the property taxes in Agricultural Exemption. We have strategically organized each tract to contain a minimum 10.22 acres so that you can construct a beautiful ranch home or place your tiny home, container home, mobile home, RV or Camper on a 0.22 acre plot for residential use and still be able to maintain your Agriculture Qualification on the remaining 10 acreage. Annual Taxes are currently only $730 for all of the 10 Tracts Combined. That is not a misprint. Limestone County Airport (KLXY): Close proximity to Limestone County Airport (KLXY) with NO air traffic noise and only small single or dual passenger private planes fly into this space. A small maintenance / emergency response local airport, there are NO FAA or Air Restrictions on our adjoining land and traffic counts are limited to only 2 or 3 per day. Light covenants have been introduced to protect your investment and privacy on the land. Property has unrestricted use for for Residential, Ranching or Agricultural purposes. No Commercial or Industrial uses or uses as junkyards or salvage yards shall be permitted. This property is excellent for a variety of uses: Be your own cattle ranchDevelop your own country home under the stars and incredible landscapeBuild a cabin for your own private camping retreatBring your own Tiny Home, Mobile, or RV and live off the land at you paceDevelop a garden, farm or bring livestock to the property Each Tract includes a brand-new platted survey with staked corners, line-staking and flags at the corners. Copies available upon request. Bring the family and imagine yourself settling in for a truly unique Texas experience. Relax, take it slow and after the sun goes down watch an unforgettable panoramic view of the stars you haven’t seen in a long, long time. Electricity Service: Call (888) 313-6862 to reach Oncor Electric Delivery Company LLC (website). We have received Service Availability Confirmation Letter from Oncor Electric.Water Service: Call (254) 562-6153 to reach White Rock Water SUD (Website). Tracts A, B, C, D, E tap-in fee $3500. Tracts F, G, H, I, J tap-in fee $5500.Septic Service Provider: Call (254) 863-9976 to reach Blount’s Septic, or any other local septic service companies. Contact Us Today to schedule your land visit and receive the gate code to enter the property. The land is currently leased to cattle grazing (the cows are very curious to meet new people!) Buyers can choose to let the cows remain for an easy Agriculture Exemption to keep the taxes low! Actual View Inside the RanchNearby Cities Points of Interest:2 minutes to Limestone County Airport (Mexia NDB LXY)3 minutes to Mexia, Texas5 minutes to Confederate Reunion Grounds State Historic Site6 minutes to Fort Parker State Park Lake10 minutes to Groesbeck, Texas11 minutes to Lake Mexia11 minutes to Mexia High School12 minutes to Walmart Supercenter12 minutes to Mexia Junior High School38 minutes to Lake Limestone Campground and Marina43 minutes to Tehuacan, Texas49 minutes to Waco, Texas1 hours 29 minutes to Dallas, Texas2 hours 35 minutes to Austin, Texas2 hours 46 minutes to Houston, TexasHow to visit the property? Search GPS 31.63842, -96.52096 in Google Maps for Directions to the property. Northwest Corner: 31.63842, -96.52096Southwest Corner: 31.63298, -96.52086South Corner: 31.63257, -96.5205Southeast Corner: 31.63217, -96.51722Northeast Corner: 31.63805, -96.5161 You are welcome to visit a property anytime you like. Just Contact Us to schedule a time so that we can be sure the property is still available before you drive out to it. We operate an eCommerce land business, and we typically do not accompany property visits.