4301 Monroe Highway

Cresson, TX 76035

$10,815,405
Price
20,047,618 / 460.23
Lot Size / Acres
a view of a grassy area with an trees
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a view of a lake with houses in the back
a view of a lake with lawn chairs and large trees
a view of lake view
a view of an ocean and beach
a view of a field with an ocean
a view of outdoor space and yard
a view of an ocean and beach
a view of an ocean
a view of a garden with a palm and palm tree
a view of outdoor space and yard
a view of a big yard with lots of green space
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Description

Nestled just 5 miles north of the rapidly developing town of Cresson, Texas, lies the stunning Milburn Ranch. This expansive 460-acre property embodies the perfect blend of natural beauty, strategic location, and vast potential, making it an attractive opportunity for commercial investment. Approximately half a mile of highway frontage (Monroe Highway), offers great visibility. The ranch’s diverse landscape, featuring open pastures, wooded brush areas, the serene Rucker Creek, and several well-maintained...Nestled just 5 miles north of the rapidly developing town of Cresson, Texas, lies the stunning Milburn Ranch. This expansive 460-acre property embodies the perfect blend of natural beauty, strategic location, and vast potential, making it an attractive opportunity for commercial investment. Approximately half a mile of highway frontage (Monroe Highway), offers great visibility. The ranch’s diverse landscape, featuring open pastures, wooded brush areas, the serene Rucker Creek, and several well-maintained tanks, provides a versatile canvas for a variety of commercial ventures. Remarkably, the Milburn Ranch has been in the same family for nearly a century, adding a rich historical significance and a legacy of land stewardship that has always remained paramount. Fort Worth: 30 miles
Weatherford: 20 miles
Granbury: 12 miles
  1. Listed by Sheldon Wellborn • TREC #0686131 • Ranch Connection LLC • 817-366-3850

Property Details for 4301 Monroe Highway

Subdivision Name
T E CARPENTER - ABST 102
Zoning Description
None
LISTING UPDATED: 11/11/2024 04:26 PM

Property Details for 4301 Monroe Highway

StatusActive
MLS #20774388
Days on Market52
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage / Farm/Ranch
Year Built-
Lot Size460.23 AC
CountyHood County

Building Information for 4301 Monroe Highway

Lot Size460.23 AC

Property Information for 4301 Monroe Highway

Summary
Location and General Information
  • Directions: Please contact listing agent for directions.
  • Elementary School: Acton
  • Elementary School Name: Acton
  • High School: Granbury
  • High School Name: Granbury
  • Middle School: Granbury
  • School District: Granbury ISD
  • Geocode Confidence: High
  • Latitude: 32.55
  • Longitude: -97.70
  • State: Texas
Taxes and HOA Information
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Exterior Features
  • Fencing: Barbed Wire
  • Number Of Tanks And Ponds: 2
  • Number Of Wells: 2
  • Waterfront: No
Property
Utilities
  • Utilities: Co-op Electric, Electricity Connected, Well
Property and Assessments
  • AG Exemption: Yes
  • Exclusions: Deer stands, deer feeders, cattle feeders/equipment, all ranch equipment/implements.
  • Financing Proposed: 1031 Exchange, Cash, Conventional
  • Loan Type: Treat As Clear
  • Restrictions: None
  • Property Match: APN
  • Surface Rights: All
Lot Information
  • Development: Unzoned
  • Easements: Other
  • Lot Features: Acreage, Agricultural, Many Trees, Cedar, Oak, Pasture, Tank/ Pond, Undivided
  • Lot Size: Over 100 Acres
  • Lot Size Acres: 460.23
  • Lot Size Area: 460.23
  • Lot Size Units: Acres
  • Lot Size Square Feet: 2.00476188E7
  • Multi Parcel ID: Yes
  • Parcel Number: R000040860
  • Road Frontage: Highway
  • Subdivided: No
  • Current Use: Agricultural, Cattle, Grazing
  • Road Surface Type: Asphalt
Farm Information
  • Crop Retire Program: No
  • Number Of Barns: 1
  • Vegetation: Grassed, Partially Wooded

Property History for 4301 Monroe Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4301 Monroe Highway

Taxable ValueLand$613,360Additions$8,280Total$621,640
Tax Record2024$228 ($19 / month)
Home Facts
Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,800 SqFtStories1Lot Size7,858,224 SqFtStyleMiscellaneous AgriculturalYear Built1995CountyHOODAPN20102.000.0020.0

Schools near 4301 Monroe Highway

This home is within Granbury Independent School District.
Rating
School
Type
Grades
Distance
Oak Woods School
Public - K to 5
Acton Middle School
Public - 6 to 8
Granbury High School
Public - 9 to 12
Stars Accelerated High School
Public - 9 to 12
Rating
School
Distance
Oak Woods School
PublicK to 5

Acton Middle School
Public6 to 8

Granbury High School
Public9 to 12

Stars Accelerated High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4301 Monroe Highway, Cresson, TX 76035

4301 Monroe Highway is a 460.23 ac of land for sale in Cresson, TX 76035. This property was listed for sale on November 8, 2024 by Ranch Connection LLC, it's currently listed at $10,815,405. This listing's school district is Granbury Independent School District. Nearby schools include Oak Woods School, Acton Middle School and Granbury High School. 4301 Monroe Highway is a 0-bed, 0-bath, 460.23 ac of land on a 20,047,618 sq. ft. / 460.23 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ranch Connection LLC, Sheldon Wellborn

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