Listing provided courtesy of Real Broker, LLC- MLS# 21160097MLS ProviderContact Information: Michael Hershenberg - 817-657-2470

TBD Mitchell RoadKrum, TX 76249

Vacant Land · 42.70 Acres
$4,350,000 Active

TBD Mitchell Road Overview

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Country living with City convenience. Only 15 minutes from Justin, 20 minutes to Denton and 45 to FTWEscape to a rare opportunity where wide-open skies, premier equestrian facilities & refined residential living come together on approximately 42 acres, offering prime frontage & sweeping views of rolling pastures, mature trees + 3 serene ponds. Included on the 42 acres is 2751 Mitchell Rd, a Residential home built in 2008 w-over 5,600 SF, 4 bed, 3.5 bath ranch designed for both everyday comfort & effortless entertaining, featuring a dedicated home office, gourmet kitchen flowing into formal & casual dining spaces, great sized bedrooms & entertainment-ready spaces including a fully equipped media + game rm w-wet bar. Step outside to a 40,000-gallon saltwater pool, perfectly positioned for relaxing under the Texas sun while taking in peaceful, panoramic views of the land. This exceptional property is equally equipped for serious equestrian or ranch use, showcasing a 200X150 arena, 23 indoor stalls w-potential to expand to 40, and over 9,000 SF of covered barn & support space. The nearly all-connected barn complex includes a heated & air-conditioned 50X40 front barn, west stalls measuring 30X30, a 40X10 wash room w-mini-split & water heater, a spacious tack area w-both enclosed & under-roof space featuring dual mini-split systems, a 50X100 covered stall area w-water, electric + lighting to each stall, a 24x20 shop with propane heater & attached 30x40 awning, a 10x40 Conex container w-window AC & electric + a small shed connected to the west stalls. The property is supported by a functioning well and aerobic system offering both independence & convenience, while expansive acreage & excellent road frontage provide outstanding flexibility for future development, agricultural use, or a legacy estate. Whether envisioned as a premier equestrian operation, a private family ranch, or a high-potential investment, this Denton-area property delivers Texas-sized space.

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TBD Mitchell Road Facts & Features

  • Type Vacant Land
  • Lot 42.70 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Krum ISD
  • Elementary School: Dyer
  • Middle Or Junior School: Krum
  • High School: Krum

Business Information

  • Current Use: Residential,Single Family,Unimproved,Vacant

Location/Region

  • Country: US
  • County Or Parish: Denton
  • Postal City: KRUM
  • Subdivision Name: Bbb & Crr

Community/Development

  • Development Status: Site Plan Approved,Streets Installed,Zoned

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: 8.0

General Information

  • Exclusions: Storage building outside the pool fence. Pirate Ship in the backyard is excluded.
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: R660822
  • Possible Use: Ranch,Residential,Single Family,Unimproved,Vacant
  • Property Sub Type: Improved Land
  • Property Type: Land
  • Senior Community: No

Interior

General Information

  • Fireplace: Yes

Exterior

Lot Information

  • Lot Features: Acreage,Back Yard,Cleared,Greenbelt,Interior Lot,Lawn,Landscaped,Level,Pasture,Few Trees,City Lot
  • Lot Size Acres: 42.7
  • Lot Size Area: 42.7
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 1860012.0
  • Lot Size Units: Acres
  • Number Of Lots: 3
  • Road Surface Type: Concrete
  • Topography: Varied
  • Vegetation: Grassed
  • Water Source: Public,Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Patio And Porch Features: Covered

General Information

  • Exterior Features: Lighting,Other,Private Yard,Rain Gutters,Storage
  • Fencing: Back Yard,Cross Fenced,Fenced,Front Yard,Gate,Metal,Perimeter,Wood
  • Horse Amenities: Barn,Hay Storage,Stock Pen(s),Stable(s),Tack Room,Wash Rack,Arena
  • Other Structures: Arena,Garage(s),Residence,Shed(s),Storage,Workshop,Barn(s),Stable(s)
  • Road Frontage Type: County Road,All Weather Road
  • Sewer: Aerobic Septic,Septic Tank
  • Utilities: Electricity Available,Electricity Connected,Phone Available,Septic Available,Separate Meters,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.

TBD Mitchell Road Monthly Cost

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* 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.

TBD Mitchell Road Market Data

Based on the last 30 days in this zip code

$536,039
Average List Price
$246
Average Price per Square Foot
26
Properties Sold
77
Average Days on Market
133
Properties for Sale
Calculations provided by Reliance Network


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