$1,997,100
For Sale

Highway 48

Caddo, OK 74729
Browse 22 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Discover the endless possibilities with this expansive 133-acre property, located appx 9 miles north of Durant, Oklahoma. Boasting prime State Highway 48 frontage, this predominantly lush pasture land offers a unique blend of rural tranquility and developmental potential. This property is conveniently situated along State Highway 48, ensuring excellent accessibility. It's just a short drive from the major transportation routes of Hwy 69/75, making it appx 1-hour commute to the thriving hubs of Frisco and Plano, Texas. With its extensive highway frontage and 6" rural water line already available at the road, this land is ideally suited for housing development. The varying elevations across the property provide numerous ideal locations for pond construction, enhancing the appeal for potential residential projects. Currently, the property is a lush, well-maintained pasture, perfect for agricultural purposes. The existing fencing makes it an excellent candidate for a future horse ranch or other livestock operations. The rich soil and ample space ensure a productive and sustainable agricultural venture.
The diverse topography not only offers practical benefits but also enhances the natural beauty of the landscape. The rolling hills and potential water features create a picturesque environment, perfect for both personal enjoyment and attracting prospective buyers or renters. Enjoy the best of both worlds with rural serenity and quick access to the amenities of Durant, including shopping, dining, and entertainment options. Given the rapid growth of the nearby metropolitan areas, this property represents a strategic investment opportunity. Whether you're looking to develop, farm, or simply hold the land for future appreciation, this 133-acre tract offers significant potential. Whether you're envisioning a thriving residential community, a productive agricultural enterprise, or a serene private retreat, this property provides the perfect canvas to realize your dreams.

  • Property Details
      • Lot DescriptionAcreage
    • Measurements
      • Acres133.14
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesNone, Sewer Not Available
      • Utility SourceRural
  • Community and Neighborhood Details
      • SubdivisionBryan Co Unplatted
    • Location
      • School DistrictCaddo - Sch Dist (CA2)
      • CountyBryan
  • Financial Details
      • Original List Price$1,997,100
      • Taxes Annual$248
      • Days on Market (Cumulative)134
  • Other
      • MLS #2420374

Location

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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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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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