Montalba, TX 75853
$4,995,000List Price
$43,130 Est. Mo. Payment
For a given home price of $4,995,000, the monthly mortgage is computed using a 5% down payment ($249,750) and a 7.5% annual interest rate, spread over 360 payments.
5
4
0
4,981ft2

Status

Available

Description

163 -acre mountain top ranch resort community with breathtaking views, perfect for a developer's vision, perfect for a developer's vision. Originally a gated shared ranch community, this property offers scenic views, nature trails, and amenities such as 8 lighted pickleball courts, 20+ acres of lakes with great fishing and Kayaking. The “star of the show” is a charming decorated and furnished lodge with high rental income potential. Enjoy the swimming pool with unforgettable sunsets and majestic 20-mile views. This property has underground utilities, agricultural exemptions, electricity provided by Trinity Valley, water available from Brushy Creek coop, and wells in the pastures. You will experience tranquil gravel interior roads, making this a nature lover’s paradise and a rare investment opportunity. With several vacant lots already platted and an established HOA, you are well on your way to making this investment dream come true for you!

MLS Listing ID

20768965

Listed By

Cheryl Sartain
888-519-7431
eXp Realty LLC

Map

High School
Palestine
Elementary School
Story
High School District
Palestine ISD
Middle Or Junior School
Palestine
This expanded setting will include additional fields to closer define your loan needs and payment amount.
$
$
%

Estimated Monthly Payment

$43,130

Loan Amount

$4,745,250

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. First Choice Lending Group can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
2
Bathrooms Half
2

Kitchen

Appliances

  • Double Oven
  • Refrigerator
  • Gas Cooktop
  • Dishwasher

Highlights

Interior Features

  • Chandelier
  • Decorative/Designer Lighting Fixtures
  • Wet Bar
  • Open Floorplan
  • Natural Woodwork
  • Eat-in Kitchen

Roof

  • Metal

Sewer

  • Aerobic Septic

Levels

  • Two

Cooling

  • Central Air
  • Electric
Lot Size Acres
163.06
Parcel Number
837090

Pool Features

  • Heated
  • Pool
  • In Ground
  • Salt Water
  • Gunite
Property Type
Residential

Parking Features

  • On Site
Property Sub Type
Farm

Fireplace Features

  • Stone
  • Gas Log
Virtual Tour
Validating link...

Flooring

  • Hardwood
  • Painted/Stained
  • Concrete
Year Built
2005

Foundation Details

  • Slab

Architectural Style

  • Ranch
  • Farmhouse

Heating

  • Propane
  • Electric
  • Central
Heating

Utilities

  • Septic Available
  • Electricity Connected
  • Water Available