Investment Opportunity

Property Description

Located in the heart of the growing community of Eula, just minutes from Abilene, this is a tract with many possibilities. This land has been historically in agricultural production, but offers an excellent development opportunity for investors. Property may be accessed fromFM 603 on the west or County Road 244 on the south, directly across from Eula ISD.
Improvements include a 1980s model, 1275 sq ft, 2/2 house with an enclosed garage. All electric appliances. Numerous outbuildings include an enclosed shop (21'x25') w/ wood stove, water, electric; 25'x40' barn plus 25' shed roof w/ electric and water connected; 25'x40' horse barn with tack room; 1200 bu grain storage bin; 40'x60' hay barn w/ 220 electric; cattle pens. Perimeter fenced and cross fenced.
4 separate fields of cultivation add to the sum of 70 acres while an additional 30 acres remain in native pasture to protect the natural waterway at the back of the property.
Multiple forms of water supply. Utilizing the Trinity Aquifer, there is a deeded well which is shared with Eula ISD and maintained on school property. The residence utilizes the public water supply via Eula Water Supply Company while outdoor areas benefit from the well water.
Taxes with exemptions: $2,465
Priced to sell at $540,000
Contact Lee Burton - Listing Agent - (979) 204-3121