4500 N Interstate 35, Gainesville, Texas 76240

$9,700,000
3
BD
4.1
BA
3,900
SqFt
List Price
$9,700,000
MLS#
14398823
Status
ACTIVE
Type
Single Family Residential
Style
Farm/Ranch House, Single Detached
Year Built
1963
Construction Status
Preowned
Bedrooms
3
Full Baths
4
Half Baths
1
Acres
248
Living Area
3,900
County
Cooke
Area
COOKE COUNTY (43)
City
Gainesville
Subdivision
Spears J

Property Description

Ranch has been renowned horse breeding & training facility for decades. Highly improved facility main house with adjacent office, 9 mobile homes suitable for staff & trainer housing. 16 barns with total of 200 individual stalls, 12-stall and 28-stall barn used for stallions and training, 2 large barns designed for mares-foals, dry mare motel & wet mare motel barn. Indoor arena w large screened holding area. Outdoor roping arena with return alley running. Square cutting pen-arena, round pen, & open exercising track. Facilities designed for minimal staff with movable panels, alleys, & fencing. 6 ponds & several wet weather creeks across ranch. Future development opportunities also exist with location along I-35.

Additional Information

Agent Name
David Burgher
HOA
No HOA
Amenities
Fireplace
Lot Size
10,802,880
Acres
248
Lot Description
Acreage, Horses Permitted, Some Trees, Tank/ Pond
Subdivided
No
Interior Features
Cable TV Available
Flooring
Carpet, Laminate
Foundation
Pier & Beam
Roof
Other
Stories
1
Fireplaces
1
Fireplace Type
Other
Street Utilities
All Weather Road, Overhead Utilities, Septic, Well
Other Utilities
Electric, Phone Avail. Off Site, Propane Gas, Septic System Required
Heating Cooling
Central Air-Elec, Central Heat-Elec, Propane
Exterior
Arena, Equestrian Center, Holding Pens, Round Pens, Stable/Barn, Storage Building, Workshop w/Electric
Exterior Buildings
Bunk House
Construction Material
Block, Wood
Parking Garage
Other
Road Frontage Desc
FM Road, Interstate
School District
Gainesville Isd
Elementary School
Edison
High School
Gainesvill
Proposed Financing
Cash, Conventional
Present Use
Agriculture, Cattle, Equine, Grazing, Residential Single
Proposed Use
Agriculture, Cattle, Equine, Grazing, Residential Single
Possession
Closing/Funding
Ag Exemption
Yes
Restrictions
No Known Restriction(s)

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Briggs Freeman Sotheby's Int'l.