texas land for sale penelope texas
Penelope Farm $235,000
May 12, 2017

$699,300 | 189 +/- Acres

At a Glance

Location

1880 Ranch is a 189+- acre ranch that sits 60 miles southeast of downtown Dallas in southwestern Van Zandt county. This combination ranch is a piece of the 1500 acres that generations of the Smith family called home for over a century.

Water

There are 3 wet weather creeks running throughout and a secluded ½ acre pond tucked into the middle of the property. This area of Texas averages just over 42 inches of rainfall a year.

W ildlife. The wildlife in this area is plentiful. The deer haven’t had any pressure on this property, so they have lived on the land for years. This area is known for its hogs and a neighbor’s trail camera will pick up packs of 40 hogs running throughout the property nightly.

Improvements

N/A

Land

40% of the property is pasture lands to run cattle or farming. Back in 2015, the current owner sprigged coastal and limed roughly 35+ acres along the county road. 
The other 60% of the property is wooded with plenty of trails to get lost in. The trees on the property are mainly red oaks and post oaks. The woods and pasture are a great mix that enhances the size of the property.
The ranch has decent topographical changes. The elevation ranges on the property come in at 453ft on the northwest corner to the 508ft on the southeast corner.
The toughest decision the new owner will have to make is where to build with so many possible spots on the property.

Taxes

$360 for 2016

Property Summary

1880 Ranch is a 189+- acre ranch that sits 60 miles southeast of downtown Dallas in southwestern Van Zandt county. This combination ranch is a piece of the 1500 acres that generations of the Smith family called home for over a century. The Smith family were farmers and used the lands fertile sandy-loam soils with a clay subsoil to grow everything from sweet potatoes to watermelons. With help from the Smith family farm in the 1920’s, Texas was the number 2 sweet potato producer in the US and sweet potatoes were the number one crop in Texas.
This property is rich in family and Texas history, but the canvas is blank for its future owners.

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