OFF MARKET: High-Visibility Land Tract | ±64 Acres Along FM 4

Investment Overview

This ±64-acre tract is located along FM 4 in Palo Pinto County, Texas, approximately three miles south of a separate 14-acre parcel also owned by the same seller, Don Shira. The property is being offered at an asking price of $25,000 per acre, representing a total price of approximately $1,600,000. The site features strong water resources, including an approximately one-acre water tank with an estimated depth of 25 feet that has reportedly never gone dry during the current ownership. In addition, the property is improved with a four-inch deep water well that has also maintained consistent water availability. Two county water meters are in place on the property. Although not currently in active use, the meters are being maintained at a monthly cost of approximately $56 to preserve future service access. The estimated cost to install a new county water tap and meter is approximately $6,500. Septic installation on the property will be subject to soil testing results. Based on typical requirements in the area, both lateral drip irrigation systems and aerobic septic systems may be permitted depending on site-specific testing outcomes.

Investment Highlights

• ±64-acre land tract located along FM 4 in Palo Pinto County, Texas
• Situated approximately 3 miles south of an additional 14-acre parcel owned by the same seller
• Features an approximately ±1-acre water tank with an estimated depth of 25 feet that has reportedly never gone dry
• Improved with a 4-inch deep water well with consistent water availability during current ownership
• Two county water meters in place; currently unused but maintained at approximately $56 per month to preserve service availability
• Estimated cost for installation of a new county water tap and meter is approximately $6,500
• Septic installation subject to soil testing; both lateral drip irrigation systems and aerobic septic systems may be permitted based on test results
• Suitable for residential development, ranch use, recreational purposes, or long-term land investment