$3,297,030
For Sale

1438 County Road 438

Thorndale, TX 76577
1616 sqft | 199.82 acres | #1576792
Browse 19 photos
Type:Purchase
Structure:Farm
Zone:Residential

Description

This 199.82-acre AG EXEMPT, UNRESTRICTED cropland in Thorndale, Milam County, offers a prime opportunity to capitalize on the rapid technology-driven growth between Taylor and Rockdale. Ideally located just 6 miles from US 79 near Thrall and 16 miles from the US 79 & Hwy 95 intersection in Taylor, the property provides excellent accessibility. With dual gravel road frontage on CR 438 and CR 462, it offers multiple entry points and potential for future development. The seller may consider subdividing into 50+ acre tracts, making it a versatile investment for farming, ranching, or future expansion.
An 8” waterline from SMWSC runs along CR 438. The land features primarily Branyon clay soil and is level to gently sloping. The west boundary includes a wet weather creek, a stock pond, and all the tree cover on the property. Public water, phone lines, and electrical service are available along CR 438, with additional phone lines along CR 462.
Currently, the property is leased for farming, consisting of 144 acres of cropland and 18 acres of coastal hay, with the lease extending through October 2024. A 1,600 SF home on the property, managed by a property management company, is rented for $1,100 per month. Both the farm and residential leases will convey to the buyer. The home is supplied by a water well, and there is a second, possibly hand-dug well near CR 438.
Located in Thorndale ISD. As part of an estate, sellers have limited documentation on the property. Buyer to verify all details, including usage, zoning, restrictions, and utilities.

  • Property Details
      • Utility FeaturesElectricity Connected, Phone Available, Sewer Not Available, Water Available
      • Lot DescriptionAgricultural, Farm, Gentle Sloping, Level, Few Trees, Views
      • ViewPasture, Rural
      • School DistrictThorndale ISD
      • Subdivision199.82 Acres
      • Sewer InformationSeptic Tank
      • Original List Price$3,496,850
      • Elementary SchoolThorndale
      • Middle SchoolThorndale
      • High SchoolThorndale
      • Property TypePurchase
      • MLS #1576792
      • Cost3297030
      • MLS #1576792
      • Acres199.82
      • Taxes Annual$1,988
      • CountyMilam
      • Property SubtypeRanch
      • Square Feet1616
      • Utility SourceWell
      • Days on Market (Cumulative)278
      • Pool1

Location

5 Agents Online Now
OR

Interested in Purchasing 1438 County Road 438?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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
$0.00
Loan Amount
$0.00