Listing provided courtesy of Glass Land and Home LLC- MLS# 21252090MLS ProviderContact Information: Bryan Glass

3893 Fm 906 EPowderly, TX 75473

Vacant Land · 464.48 Acres
$3,580,000 Active

3893 Fm 906 E Overview

Visits:
1

Located on the banks of the historic Red River in Lamar County just 1.5 hours northeast of the Dallas-Fort Worth Metroplex, The Chapman Ranch on the Red is a premier 420-acre recreational retreat offering an unmatched combination of natural beauty, privacy, fishing, hunting. The ranch features a gated entrance and long gravel drive that provide both convenience and exceptional privacy. One of the ranch’s most impressive features is over one mile of Red River frontage, offering a unique blend of high scenic bluff banks and accessible sandbar shoreline. This diverse river frontage creates endless recreational opportunities, and exceptionap a scenic hill overlooking one of the ranch’s beautiful lakesl wildlife.At the center of the ranch sits a well-positioned 2,100+ square foot brick home offering 3 bedrooms and 2 baths. This impressive ranch features four deep clear-water lakes well stocked. Over five miles of established ATV and ranch trails wind throughout the ranch. With over 150 feet of elevation change, the ranch offers a rare terrain profile for Northeast Texas. The ranch supports an abundance of whitetail deer and wild hogs, with quality mature bucks consistently harvested year after year. The ranch also features a large natural low area that offers excellent potential to create a sizeable duck hunting impoundment. Rich fertile crop ground located along the Red River bottom not only enhances the wildlife habitat but also provides the opportunity for agricultural lease income, adding an investment component to this already versatile ranch.The combination of recreation, hunting, waterfowl potential, and income-producing acreage makes this property increasingly rare in today’s market. Additional improvements include an equipment shed with attached shop and overhead door. The property is also improved with two water wells and cooperative electric already in place.The Chapman Ranch on the Red offers the perfect balance of recreation, comfort, and income potential.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

3893 Fm 906 E Facts & Features

  • Type Vacant Land
  • Lot 464.48 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: North Lamar ISD
  • Elementary School: Parker
  • Middle Or Junior School: Stone,Bailey
  • High School: Northlamar

Building Information

  • Year Built: 1987

Business Information

  • Current Use: Agricultural,Grazing,Hunting,Residential,Recreational,Single Family

Location/Region

  • Country: US
  • County Or Parish: Lamar
  • Postal City: POWDERLY
  • Subdivision Name: None

Rent/Lease Information

  • Land Lease: Yes

Tax Information

  • Tax Annual Amount: 2537.0

General Information

  • Listing Terms: Cash,Conventional,USDA Loan,VA Loan
  • Parcel Number: 403526
  • Possible Use: Agricultural,Cattle,Grazing,Horses,Hunting,Livestock,Pasture,Poultry,Ranch,Residential,Recreational,Single Family
  • Property Sub Type: Ranch
  • Property Type: Land

Interior

General Information

    Exterior

    Lot Information

    • Lot Features: Acreage,Agricultural
    • Lot Size Acres: 464.48
    • Lot Size Area: 464.48
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 2.02327488E7
    • Lot Size Units: Acres
    • Road Surface Type: Asphalt,Gravel
    • Vegetation: Brush,Heavily Wooded,Partially Wooded
    • Water Source: Well

    Waterfront/View

    • Waterfront: No

    General Information

    • Fencing: Barbed Wire
    • Horse Amenities: Barn
    • Other Structures: Barn(s)
    • Road Frontage Type: Farm to Market Road,All Weather Road
    • Sewer: Septic Tank
    • Utilities: Electricity Available,Septic Available,Water Available

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    3893 Fm 906 E Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    3893 Fm 906 E Market Data

    Based on the last 30 days in this zip code

    $398,054
    Average List Price
    $163
    Average Price per Square Foot
    2
    Properties Sold
    103
    Average Days on Market
    31
    Properties for Sale
    Calculations provided by Reliance Network


    Prosperity Home Mortgage, LLC

    Prosperity Home Mortgage, LLC

    When you decide to buy a home or refinance your mortgage, your search should start and end here. At Prosperity Home Mortgage, LLC, we strive to create an extraordinary customer experience through the efforts of knowledgeable and caring mortgage professionals where relationships are valued, and the focus is on treating every client as if they were the only client. Choose a lender you can trust to find the mortgage loan that best suits your needs.


    HomeServices Insurance

    HomeServices Insurance

    HomeServices Insurance is an independent agency that operates through a network of offices located throughout the northern Texas area.  As a full-service operation, we offer a full suite of quality insurance solutions including home, auto, umbrella, and more.  We have established long term relationships with many of the top national and regional carriers in the country, bringing you the power of choice when it comes to your personal insurance needs.