$1,500,000

1965 C R 2252

Cleveland TX, 77327

Description

256.3 acres of 32-year-old pine forest with some open pastures and spotty wetlands along the many trails. With over 1800 feet of paved road frontage the tract is ripe for timber harvest, subdividing, or future investment. Mature loblolly pine and some hardwoods make up most of this nice squared off tract. An April, 2020 timber cruise estimated a total at 96 tons/acre or 24,659 tons total timber. Loblolly pine sawtimber was estimated at 96 tons/acre, or 21,872 tons pine sawtimber. Immediate cashflow could be realized by contracting the removal of the timber, or timber could be allowed to grow (tonnage of pine sawtimber this age is estimated to grow 8 to 10 percent per year). As a bonus four tracts have been carved out with road frontage. These tracts are from 1.885 ac to 2.29 ac and are included in the total acreage of the listing. Tracts could be used for future homesite development or to facilitate easy subdividing of balance of 248 acres into 15 to 50-acre tracts.

Details

MLS#90988709
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site276

Features

Acreage256.30

Market Activity 77327

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Area Information
StateTX
CountyLiberty
CityCleveland
Zip Code77327
Area52
Community NameAndrew Dunn
Listing VS Median (in Andrew Dunn)
Price:
$1,500,000
low | high
Med:
$1,500,000
50% of Average
On Site:
276
low | high
Med:
276
100% of Average
Sourced by Back At You
Listing Updated: April 16, 2021 11:21:37 AM PDT
Otis Wyatt LogoMLS Number: 90988709
Listing Provided By:
Otis Wyatt  of  Bevers Real Estate

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