$699,000
Off Market
Type:Purchase
Structure:Farm
Zone:Residential

Description

This attractive 90-acre tract is said to encompass the largest horse racing track in Texas. The track is a one-mile oval with a 550 ft. Quarter Horse chute, 100 ft. wide rail-to-rail with banked turns and a starting gate. The track has been meticulously maintained with frequent use. Along with the track, there is a grandstand viewing area with bleacher seating and a concession stand. This property houses two stables, each with 44 horse stalls and 4 tack rooms. Numerous stalls have been rented over the years for additional income. The ag-exempt land is mostly flat with hardly any elevation change. It has approximately 400 feet of Hwy 44 frontage. There are approximately 20 acres of fenced pasture for grazing with native grasses that are common in this area. This property has great perimeter fencing except for a small section on the east side of the property that was surveyed out. Electricity is on the property along with a high-functioning water well by the stables.

Location

Jeremy FayReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

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2.6%
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