$4,350,000

2751 Mitchell Rd Krum, TX 76249

Estimated payment $23,596/month

Total Views 520
4 Beds
3.5 Baths
5,634 Sq Ft
$772 Price per Sq Ft

Highlights

  • Equestrian Center
  • Pond
  • Traditional Architecture
  • In Ground Pool
  • 2 Stock Tanks or Ponds
  • Wood Flooring

About This Home

Where exceptional land meets rare opportunity—your 42-acre ranch, fully equipped and primed for personal use, expansion, or income-producing potential. Located just minutes from Denton and US-380, this expansive 42-acre property is a true working ranch, offering unparalleled functionality, flexibility, and infrastructure for livestock, equestrian operations, agricultural ventures, or long-term investment. With rolling pastures, mature trees, three stocked ponds, and nearly all acreage fully fenced, this land is designed for both productivity and peaceful country living.

At the heart of the property is an impressive collection of over 9,000 sq. ft. of covered barn, stall, and working space, thoughtfully laid out to support large-scale equestrian or ranch operations.

EQUESTRIAN & RANCH FACILITIES
Professional Arena – 200 ft x 150 ft
Ideal for training, events, or private riding.
23 Indoor/Outdoor Stalls (with potential to expand to 40)
West stalls: 30' x 30'
Front barn: 50' x 40' (heated and cooled)
Covered stalls: 50' x 100' with water, electric, and individual lighting
Tack Rooms & Support Areas
Tack area: 30' x 50' interior plus 50' x 50' under roof (with two mini-splits)
Wash room: 40' x 10' (mini-split + water heater)

Barn & Outbuilding Highlights
All barns connected except the shop and west stalls
Shop: 24' x 20' (propane heater)
Awning off shop: 30' x 40'
Conex storage container: 10' x 40' with AC + electric

Small shed: 8' x 12'
Water and electricity run throughout (except west stalls—water line is ready to be reconnected after reroute)
Semi-plumbed restroom in place (unfinished but ready for completion)

THE LAND
The property layout offers tremendous versatility with open grazing areas, shade from mature trees, and water access from its three ponds. The land has been carefully maintained, providing a turnkey setup for ranching, boarding, or private estate use. Almost all fencing is in place, aside from an adjoining 18-acre strip previously part of the owner’s original 28-acre tract—now owned by a neighboring entity. With frontage along Mitchell Road, this acreage also presents excellent future development flexibility or investment potential.

THE RESIDENCE
While the land is the headliner, a beautifully designed home also conveys—perfect as a ranch headquarters, full-time residence, or manager’s home. It includes custom oak cabinetry throughout, two fireplaces, office space, a media room, game room with wet bar, spacious kitchen, and a 40,000-gallon saltwater pool for relaxing after long days on the ranch. The home is supported by a functioning well, aerobic system, and 6-inch water line access at the road.

Whether you're seeking a premier equestrian facility, an income-producing ranch, or a rare large-acreage investment minutes from the city, this 42-acre property offers the infrastructure, beauty, and flexibility to bring any vision to life.

Listing Agent

Michael Hershenberg

The Hershenberg Real Estate Group Listed on: 11/14/2025

The Hershenberg Real Estate Group
Listing Provided By

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,287

Lot Details

  • Fishing include bass, catfish
  • Cross Fenced
  • Landscaped
  • Interior Lot
  • Level Lot
  • Few Trees
  • Current uses include agriculture, equine, grazing, hunting/fishing, residential single, row crop, livestock, poultry, agribusiness, hobby farm, pasture
  • Potential uses include agriculture, equine, feed lot, grazing, poultry, residential single, sheep/goats, truck farm, hobby farm

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • Wet Bar
  • Built-In Features
  • Decorative Lighting
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Stone Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Linen Closet
  • Walk-In Closet
  • Split Vanities
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry Chute
  • Washer and Electric Dryer Hookup

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Garage Door Opener

Pool

  • In Ground Pool
  • Play Pool
  • Diving Board

Outdoor Features

  • Pond
  • Wildlife includes whitetail deer, turkeys, doves, deer
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Shop

Location

  • Easements include utilities

Farming

  • Electricity in Barn
  • Breeding Barn
  • Hay Barn
  • Equipment Barn
  • 2 Stock Tanks or Ponds
  • Loading Chute
  • Holding Pens
  • Cattle
  • Cattle or Livestock Pen
  • Fenced For Cattle

Horse Facilities and Amenities

  • Equestrian Center
  • Wash Rack
  • Horses Allowed On Property
  • Show Barn
  • Tack Room
  • Water to Barn
  • Indoor Arena
  • Stables
  • Arena

Utilities

  • Central Heating and Cooling System
  • Well
  • Aerobic Septic System
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Greenbelt

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,287

Lot Details

0

Listing Details

  • Bedrooms: Beds: 4
  • BathsCombined: 3
  • Office Phone: 940-477-8184
  • Listing Website: https://www.land.com/property/2751-mitchell-road-krum-texas-76249/25549060/
  • Property Type: Residential
  • Property Sub-Type: Single-family Detached
  • Offered By: LandNetwork
  • Outside Features: Covered Porch(es), Lighting System, Patio Covered, Cattle Working Pen, Fenced for Cattle, Holding Pen, Loading Chute, Outdoor Arena
  • Potential Use: Agriculture, Equine, Feed Lot, Grazing, Poultry, Residential Single, Sheep/Goats, Truck Farm, Hobby Farm
  • Number of Stock Tanks: 2-5
  • Number of Ponds: 2-5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Floor Material: Ceramic Tile, Concrete, Wood Floor
  • Sprinklers: No
  • Appliances: Dishwasher, Disposal, Oven-Electric, Water Line to Refrigerator
  • Wet Bar: True
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Features: Cable TV Available, Decorative Lighting, High Speed Internet Available, Wet Bar, Built-ins, Garden Tub, Linen Closet, Separate Shower, Separate Vanities, Walk-in Closets, Breakfast Bar, Eat-in Kitchen, Granite/Granite Type Cntrtop, Walk-in Pantry, Dryer Hookup-Elec, Full Size W/D Area, Laundry Chute, Separate Room, Washer Hookup
  • Foundation: Slab
  • Fireplace Type: Decorative, Stone, Wood Burning

Exterior Features

  • Exterior: Brick, Siding
  • Roof: Composition
  • Patio: True
  • Pond: True
  • Porch: True
  • Pool Features: Diving, In Ground Gunite, Play Pool
  • Road Description: All Weather Road
  • Other Structures: Arena, Equestrian Center, Gutters, Stable/Barn, Storage Building
  • Fencing: Cross Fenced
  • Wildlife: Whitetail Deer, Turkey, Dove, Deer

Garage/Parking

  • Parking Type: Attached, Covered, Opener

Utilities

  • Cooling: Central Air-Elec
  • Heating: Central Heat- Elec
  • Cable Ready: True
  • Security: Carbon Monoxide Detector, Exterior Security Light(s), Fire/Smoke, Smoke Detector

Lot Info

  • Current Use: Agriculture, Equine, Grazing, Hunting/Fishing, Residential Single, Row Crop, Livestock, Poultry, Agribusiness, Hobby Farm, Pasture
  • Barn Description: Breeding Barn, Electric to Barn, Equipment Barn, Hay Barn, Indoor Arena, Show Barn, Stable(s), Tack Room, Wash Rack, Water to Barn, Shop Building
  • Livestock: Cattle, Horses
  • Lot Description: Acreage, Greenbelt, Horses Permitted, Interior Lot, Landscaped, Lrg. Backyard Grass, Some Trees, Tank/Pond, Level, Varied
  • Easements: Utilities
  • Soil Type: Unknown
  • Fish: Bass, Catfish

Multi Family

  • Utilities Available: Aerobic Septic, City Water, Septic, Well, Cable Available, Electric, Phone Avail. On Site

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,287 $737,949 $44,467 $741,393
2024 $9,529 $672,165 $0 $0
2023 $7,830 $638,297 $49,002 $589,295
2022 $10,053 $614,870 $35,507 $828,955
2021 $8,658 $600,472 $14,258 $586,214
2020 $8,235 $509,217 $12,901 $545,788
2019 $8,133 $554,267 $14,375 $539,892
2018 $7,401 $416,282 $14,420 $401,862
2017 $6,960 $418,843 $12,001 $406,842
2016 $6,330 $353,933 $12,091 $341,842
2015 -- $303,978 $12,136 $291,842
2014 -- $280,242 $16,870 $263,372
2013 -- $264,107 $16,735 $247,372
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2025 11/14/25 For Sale $4,350,000 +118.0% $772 / Sq Ft
11/13/2025 11/13/25 For Sale $1,995,000 -- $354 / Sq Ft

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Title Resources
Vendors Lien -- Stewart
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $147,952 Seller Take Back
Previous Owner $149,900 Seller Take Back
Source: Public Records