0 Milam Road

Denton, TX 76266
$2,650,000

Description

Milam Creek Ranch is an exceptional ranch and investment property within the city limits of Denton. This area has an eye for future development with access or close proximity to most city utilities. The ranch is located less than 1 mile off of I-35 and just minutes from Denton and Sanger. Additionally, the property boasts panoramic views over the surrounding areas, has great symmetry, and secondary access. LOCATION: This property is located in northern Denton County and approximately 1 mile east of I-35. There are multiple access points along Milam Rd with additional access from the neighboring Milam Creek Ranch development. The ranch is within the Denton city limits. TOPOGRAPHY, RANGELAND & HABITAT: The ranch displays mostly rolling topography with a high point near Milam Rd. The remainder of the property is sloping to the south as it approaches Milam Creek. Large fossiliferous limestone rocks along the creek feature an embedded variety of fossils. The range exhibits native and improved pasture with a small pocket of trees on the south end that includes elm, hedge, hackberry, and mesquite. The property contains loamy and clay soils. WATER: A 12?city water line is on the south side of Milam Rd and ends at the neighboring development west of the property. A rural water line enters the property about midway along the frontage and continues to the northeast corner. A water well near Milam Rd is not currently being operated. The property also has 4 ponds and a section of seasonal Milam Creek. ELECTRICITY: An electric service line runs along the south side of Milam Rd. MINERALS: Surface sale only. OTHER: The 2024 taxes are estimated at $556. This property is currently zoned Rural Residential. The old home and improvements are of no value. A city sewer line is located just south of the Milam Rd exit on the east side of I-35. Ranch shown by appointment only.
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  • Property Details
      • Lot description:Acreage, Few Trees, Pasture, Rolling Slope, Tank/ Pond
      • Acres:81.0000
      • Property type:Purchase
      • Utility features:Electricity Available, Other
      • Subdivision:NA
      • School district:Denton ISD
      • Elementary School:Evers Park
      • County:Denton
      • MLS #:20788537
      • Cost:2650000
      • Property subtype:Unimproved Land
      • MLS #:20788537

Location

Brenda MancilBrenda Mancil REALTOR®
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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.

Estimated Monthly Payment
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