813.4 Acres On The Brazos River
SE of Possum Kingdom Lake, Palo Pinto Co., Texas
LOCATION: Approximately 1.5 hours west of Fort Worth and 15 minutes
northwest of Palo Pinto. Directions – From Palo Pinto go north on FM 4
for approximately 6 miles then west / left onto Fortune Bend Road. From Graford go west 1.5 miles, then south on FM 4 for 4.2 miles then west/right onto graveled Fortune Bend Road for 4.2 miles where the property starts and continues for 4.2 miles.
TERRAIN: The native terrain is diverse from level to gently rolling mesquite flats on the
north end, to gently rolling elms, mesquite, cedar, and live oak on the west side
near the river with a large wet weather creek/draw that flows into the Brazos, to game covered slopes of cedar, mesquite, red oak, sumac, post oak, rock outcrops, and high points overlooking the property and river from numerous impressive viewpoints. The river is wide and incredible on this tract and has significant frontage.
WATER: .75 miles of gorgeous Brazos River (swimming hole
tract) frontage. The river is extremely wide and deep at this point.
WATER RIGHTS: 50-acre feet of Brazos River water rights and 50-acre feet of impoundment rights will be conveyed with the purchase of the property.
MINERALS: All the minerals owned by Seller will be conveyed – of 647.238 acres, there are ¾ minerals or 485.42 net mineral acres, and ½ royalty or 323.619 net royalty acres. There appears to be some petroleum wells on the property, we just don’t know if they are producing or not (the equipment is there though).
COMMENTS: An extremely unique property, very scenic and private, prime native hunting, and awesome river fishing.
PRICE: $5,555.00 per acre or $4,518,437.00.
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.