TBD Texas 300 Gilmer, TX 75644

This pleasantly rolling, well-drained land offers a combination of young and old trees, potential house sites and convenient access just 1.2 miles south of Gilmer on the east side of Highway 300. The long, broad ridges between the headwaters of several creeks provides good terrain for continued timber production, subdivision development, or possibly establishment of pastureland. This property was once pasture that was planted to loblolly pine, which after years of excellent management and growth was harvested a few years ago. The substantial natural regeneration of the loblolly pines and native hardwoods has created a viable young forest for future timber production. The large hardwoods which were along creek drains and field fence lines has created an interesting mosaic of young and old trees. There are many old-field red oaks and post oaks scattered throughout the property which make very attractive character trees. The fine sandy loam soils on this upland site are suitable for growing pine and hardwood trees, grass or would support excellent house sites. This native forest contains a wide variety of loblolly and shortleaf pine, post oak, red oak, sweetgum, holly, blackgum, hickory and elm. The available mapping only indicates a very small FEMA floodplain on this land in the far southeastern section, crossing only about 400 feet of the southeastern panhandle section. This to-be-parceled estimated 183-acre sale area is offered at $3,983.61 per acre. The boundary lines will require a survey to define this parcel and determine the exact acreage. Attached mapping shows the proposed location of the boundaries of this sale area. This property is currently under Timber Valuation on the taxes. The taxes on the eastern 137.65-acre CAD parcel for 2020 show to have been $572.07 with the timber reduction. The taxes on the western portion of this sale parcel have not been determined, as this area is combined with the adjacent home and pasture, and the taxes are not broken out for the timbered portion. Electric Power on Highway 300 and on the property, availability of present on-property power not verified Landline telephone along Highway 300 Property has about 720 feet of frontage on Highway 300 Residents in the area are on wells Gilmer ISD School District Several pipeline rights-of-way and three well sites located on the property, two of which are either on or in proximity to the eastern pipeline right-of-way corridor. TerraStone Land Company strives to gather good information concerning listed properties from reliable sources, but cannot guarantee the accuracy of said data, including but not limited to boundary line locations, acreages, fence lines, legal title, environmental hazards, condition of improvements, legal access, utility services, or site suitability for agricultural or forestry use. All maps are provided for illustrative purposes only and are not survey plats. TLC recommends that potential buyers examine the offered property to their own satisfaction. TLC is not responsible for errors, omissions, offering withdrawal or price modifications.