153+/- ac. TBD Hobbs Lane Waco, TX $ 1,912,500
153+/- ac. TBD Hobbs Lane
$ 1,912,500
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153+/- ac. TBD Hobbs Lane

Waco, TX, 76706
$ 1,912,500
Bedrooms2 Baths1.0 Sq 1,800

Monthly Estimate*

$ 13,359

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Farms/Ranches for sale in Waco, TX

for $1,912,500 with 2 bedrooms and 1 full bath. This 1,800 square foot property was built in 1940 on a lot size of 153.

McLennan County ranch just minutes from Baylor University! The Thompson Family Ranch is a rolling 153+/- acres of native pasture, good mix of trees, nice pasture to woods ratio, two entrances and 60 ft elevation change for spectacular views. The current owner has cleared some of the land to open up the views and expose some great homesites. Located outside of city limits and approved or two water meters from West Brazos/Aqua, this land is the perfect cattle, recreation and residential ranch. The S. University Park entrance has easy access and 600+/- ft of road frontage. It opens up to a nice native pasture for grazing and a healthy tank. The Hobbs Lane entrance offers private access to the back portion of the land. This part of the property is the highest point, wooded and a natural refuge for deer and habitat for all kinds of animals. There is a older farmhouse on the place that offers another water meter. Currently it is used as a rental, but would make a nice weekend retreat or Airbnb. You can not find a better location. 3 miles from Hwy 6, and minutes from I-35 in between Dallas and Austin and two hours from Houston. Water and Electricity available, Ag Exempt. Seller will consider owner finance. Land can be subdivided.

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Farms/Ranches Pending

Price

$ 1,912,500

Bedrooms

2

Full Bath

1

Property Type

Farms/Ranches

Taxes

$ 3,207

Style

Farm

Lot Size

153

Year Built

1940

Town/City

Waco

County/Region

McLennan

MLS | Web ID

209599

Features
General
Interior Features Ceiling Fan(s) His and Hers Closets Window Treatments
Sewer None Septic Tank
Cooling Central Air
Utilities Electricity Available Trash Collection Water Available Septic Available Sewer Not Available
Possession Close Of Escrow Immediately
Roof Composition
Appliances Some Electric Appliances Some Gas Appliances Cooktop Dishwasher Electric Water Heater
Exterior Features Covered Patio Patio Fully Fenced
Patio/Porch Features Covered Deck Patio
Pool Features None
Construction Materials Wood Siding
Year Built 1940
Stories 1
Topography Cleared Rolling
Property SubType Farm
Tax Year 2021
Current Use Ranch Residential
County McLennan
New Construction 0
Property Type Residential
HOA / Comm Assn 0
Energy Efficient Other
Subdivision Name Martinez
Other Structures Residence
Status Pending
City Waco
Buyer Agent Compensation 3.00
High School District Robinson ISD
Waterfront Y/N 0
Street Name Hobbs
Elementary School Robinson
Land Lease Y/N 0
Tax Annual Amount 3207.55
Lease Considered Y/N 0
Days on Market 644
Standard Status Pending
Occupancy Description Tenant
Middle/Junior School District Robinson ISD
Elementary School District Robinson ISD
Tax Lot unk
Property Sub Type Additional Farm
Buyer Agent Compensation Type %
Legal Description 153+/- ac. out of MARTINEZ M TRACT 67&68&69 ACRES 168.27 (add. legal in remarks)
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Interior
Flooring Wood
Fireplace Features None
Total Stories 1
Air Conditioning Y/N 1
Fireplace Y/N 0
Full Baths 1
Half Baths 0
Street Suffix Lane
Total Bedrooms 2
Total Baths 1
Bedrooms Possible 2
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Exterior
Vegetation Heavily Wooded Partially Wooded
Fencing Barbed Wire Cross Fenced Fenced
Parking Features None
Lot Features Farm Rolling Slope
Water Source Well
Total Parking 0
Lot Size Area 153
Foundation Details Pillar/Post/Pier
Building Area Total 1800
Lot Size Acres 153
Road Surface Type Gravel Unimproved
Lot Size Units Acres
Road Frontage Type City Street State Road County Road Private Road
Crops Included Y/N 1
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 153
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* Excluded Features
List By
Kelly Brooks

Listing Agent

Legacy Land & Ranches

Broker

kelly@legacylands.com

Email

Affordability Calculator

$13,627
Per Month
98%
2%
0%
Monthly Principal & Interest
$13,359
Monthly Property Taxes
$267
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2349606 Elementary School
2349608 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/21/2022$1,912,500 Listed Price

Map


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153+/- ac. TBD Hobbs Lane, Waco, TX, 76706 is a Farms/Ranches for sale at $1,912,500 with 1,800 sqft and a lot size of 153. 153+/- ac. TBD Hobbs Lane has 2 bedrooms, 1.0 baths, and was built in 1940. The property's zip code is 76706 which is in Waco, TX