The Smartest Point in Real Estate|Bryan · College Station · Houston · DFW · All of Texas
REO.properties|(979) 229-7254
Home/Texas homes/TBD FM 51
LANDMLS 21335307VIRTUAL TOUR

$3,558,883

TBD FM 51 · Paradise, TX, 76073

Lot
263.62 acres
Type
Ranch

About this home

The Lewis Ranch is a rare legacy property, offered for sale for the first time in over 100 years, and the kind of property that's becoming harder and harder to find in Wise County. Its proximity to the FM 51 and Highway 114 interchange gives it strong long-term development potential in addition to its ranching and homesite appeal. Whether your plans include running cattle, building a home in the country, raising horses, or simply owning a piece of land the family can enjoy for generations, this ranch is set up to do it all. Seven ponds are scattered across the ranch, while Salt Creek winds through the property, providing dependable water for livestock and wildlife alike, and mature oak trees are spread throughout the landscape, offering shade for cattle during the summer months and beautiful cover for native wildlife. The ranch is well suited for a productive cattle operation with quality fencing and plenty of water, and in addition to the grazing ground, approximately 50 acres of productive tillable acreage provide opportunities for farming or hay production. If building is in your future, you'll have several outstanding homesites to choose from, with rolling pasture, scattered oaks, and views of the ponds creating a beautiful setting for a custom home, plus plenty of room for a shop, barn, horse facilities, or even a roping arena, allowing you to build a place that fits your lifestyle. Accessing the ranch is easy thanks to approximately 1,742 feet of paved road frontage on FM 51. The Lewis Ranch is located in one of North Texas' most desirable areas, offering the space and privacy of country living without giving up the convenience of nearby towns, sitting approximately 10 miles from Decatur and Bridgeport and about 30 miles from the DFW Metroplex, making it an easy drive to shopping, dining, employment, and everyday necessities while still enjoying life in the country.

Details

Ranch263.62 acres lotnoneActiveMLS 21335307
AI

Ask the House

Ask anything about this home — I answer from its MLS record and the FEMA flood map. Anything not on file, I hand to Sherry.

Answers come from this listing's MLS data and public flood maps — not a guess. For anything not on file, Sherry confirms it for you. AI answers should always be double-checked before you rely on them.

What would this cost to own?

Adjust the assumptions to estimate your monthly cost and equity over time. Estimates only — verify rates with a lender.

20% · $711,777
% APR
Estimated monthly
/mo
Calculating…
Equity in 10 yrs
Calculating…

Estimates only — not a lending offer or financial advice.

More of Sherry's listings

Listing courtesy of Arrowhead Land Company. Listing data provided by the participating MLS via Trestle (CoreLogic). Information deemed reliable but not guaranteed.