8494 FM 1198 Farm/Ranch for sale in Gainesville, TX

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K-B Farms is liquidating all of their real estate holdings in southwestern Cooke County, near the Era and Hood Communities. 14 different tracts are being sold by sealed bid, with all bids being presented to the sellers on October 11, 2017. Please see the "Bid Information" sheet attached for more information, or contact the listing agent, Jared Groce, for more information.



This property, known as the "North Barns Farm", is a productive farm with information below.





LOCATION: Southeast corner of FM 1198 and CR 338 ACREAGE 48 +/- acres



PRICE PER ACRE: $6,229.17



TOTAL PRICE: $299,000



WATER: Well. Pond



ELECTRIC: Lines on CR 338 and on FM 1198. Meter located at the home location.



FENCES: Good to excellent barbed wire fence. Partially fenced on south.



VEGETATION: Native grasses on lay-out land. 32 acres in cultivation.



MINERALS: No minerals to convey. No current production on property.



EASEMENTS: Standard electric line easements.



IMPROVEMENTS: Single wide trailer house. Water Well. Electric. Storm cellar. Cross fenced from grass to cultivation. One pond.

  • Price: $299,000
  • Bedrooms: 3
  • Bathrooms: 2

Don't Be Fooled

Fraudsters advertise a real estate property usually at a considerable discount. This allows the fraudster to receive as many replies or inquiries as possible. The fraudster goest to great lengths to make this property look as legitimate as possible and might include pictures, floor plans, etc. To make sure you express an interest in the property the fraudster will ask you to wire money for a deposit, verify funds, or other legitimate sounding reasons.

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