1200 Red Bank Road, Lipan, TX 76462 - Parker County

LOCATION:

Approximately – 18.5 miles south southwest of Weatherford, 24 miles northwest of Granbury, 45 miles to Fort Worth, and 68.4 miles to DFW International Airport. Directions – From the Brock Junction, Exit 397 / I-20 & FM 1189 proceed south on FM 1189 for 9.4 miles, then east / left onto Buckner Road 1 mile, then south / right onto Red Bank Road for .8 miles to the dead-end north property gate.

TERRAIN:

Gently rolling to heavily rolling native land. Numerous varieties of trees including live oak, post oak, elm, juniper, red oak, and mesquite. Pecan, huge Cottonwoods, and Burr Oak along the river. Two secluded canyons, and a gorgeous river bottom. Hills with long scenic views of Comanche Peak and the north end of Lake Granbury. Multiple large coastal bermuda pastures of 200+ acres. 33% of the property lays in Parker County.

IMPROVEMENTS:

A remodeled brick home with 3 bedrooms, 2 baths, a large bunk or game room. carpet, kitchen with granite countertops, and tile showers.  A detached covered 3 car carport. Older cattle pens connect to a large older hay barn & cattle shed.  A game cleaning station with walk-in cooler, RV hook up.  An older two stall horse barn with pipe runs.

TAXES:

$9,747.45, with agricultural exemption.

ISD:

Brock & Lipan

WATER:

Approximately 7,488 feet or 1.4+ miles of coveted Brazos River frontage, 12,190 feet or 2.3+ miles of gorgeous spring-fed Cottonwood Creek on the west boundary.  Spring-fed Red Bank Creek meanders the eastern portion with steep banks as it drains into the Brazos River.  Nine subsurface water wells (four in the Trinity aquifer producing between 20 to 30+ gpm), the windmill water well was converted to a ½ hp pump with a 3000 gallon storage tank and booster pump, a Parker County Water Supply Co-op tap, 25+ earthen ponds, and two natural springs.

MINERALS:

1/2 minerals under 2,987 acres, and 1/8 minerals under 129 acres.  No production and not leased. A positive geology report written by Billy Caldwell, Licensed Geologist, Fort Worth, Texas summarizes a potential lucrative natural gas source.

GAME:

Abundant wildlife including deer, turkey, hogs, etc.

COMMENTS:

Excellent proximity to Brock, Weatherford, and Granbury.  Great river frontage, the tree cover is gorgeous, the size of the acreage is impressive, the hunting is abundant, and the mineral conveyance is surprising.  A rare opportunity under an hour from Fort Worth.  Co-Listed with Texas Ranch Kings Realty.

PRICE:

$15,975.00 per acre.

ALL INFORMATION CONTAINED HEREON HAS BEEN OBTAINED FROM SOURCES DEEMED RELIABLE. NO REPRESENTATION OR WARRANTIES, EITHER EXPRESSED OR IMPLIED, ARE MADE AS TO ITS ACCURACY BY SAID AGENT. THIS INFORMATION IS SUBJECT TO CHANGES, WITHDRAWAL, ERROR, OMISSION, CORRECTION, OR PRIOR SALE WITHOUT NOTICE. SELLER CAN RECEIVE AND ACCEPT BACKUP CONTRACTS.