$829,400
For Sale

County Rd 3667 Off CR 1612

Portland, TX 78359
Browse 22 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

LOWER THAN TAX-ROLL VALUE. Adjacent to another 63.80 +/- acres for over 127 Acre potential, this 63.80 +/- Acres of Prime land is now IN Portland city Limits. Situated near Portland and Gregory about 1.5 miles from Hwy. 181, this location could provide a variety of uses. Annexed as Residential (R-2, meaning no more than 2 homes per acre), but check with the City of Portland for Future Use re-zoning potential. There are plans for the city to bring utilities farther west from Kestrel road along CR 1612, and there is City Water to the west along CR 3667, but all utilities would have to be developed over to this site, as it is currently being farmed and has NO Utilities. There is a farm lease on it currently, so possession will be subject to crop harvest and end of lease, or buyout of lease/crops. Rollback taxes are negotiable to be Seller-paid with appropriate offer. You don't see that every day. This is a special opportunity indeed.

  • Property Details
      • Utility FeaturesSewer Not Available, Water Not Available, Electricity Available
      • Lot DescriptionAgricultural, Interior Lot, Irregular Lot, Level
      • SubdivisionGregory-Paul Sub Cfp Co
      • School DistrictGregory Portland ISD
      • Elementary SchoolGregory Portland
      • Middle SchoolGregory Portland
      • High SchoolGregory Portland
      • CountySan Patricio
      • Property TypePurchase
      • Original List Price$829,400
      • Property SubtypeAcreage
      • MLS #450098
      • Cost829400
      • MLS #450098
      • Acres63.8

Location

Red Door RealtorsReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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