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.
This farm located at Tbd Hobbs Lane, Waco, TX 76706 is currently listed for sale by Legacy Land & Ranches, with an asking price of $1,912,500. This property was built in 1940 and has 2 bedrooms and 1 full baths with 1800 sq. ft. Hobbs Lane is located in the Martinez subdivision within the Robinson ISD school district. Search Martinez real estate on www.legacylands.com today.
Estimated Payment$ 8,852.44 per month $8,027.38 Principal & Interest $267.25 Property Tax $557.81 Homeowner's Insurance