Lands & Dwellings by Allen Crumley

Fortune Bend Ranch

Status: Available
Price: $22,082,900
Acres: 4,416 +/-
Price Per Acre: $5,001
Type: Hunting Land, Ranches, Recreational Land, Undeveloped Land, Riverfront, Single Family
City, State: Graford, Texas
County: Palo Pinto
Zipcode: 76449
Lat/Long: 32.8412944, -98.3727353
Address: Fortune Bend Raod
Broker: Allen Crumley
Dwelling Sq Ft: 2,376
Bedrooms: 3
Bathrooms: 2

Description


Fortune Bend Ranch

Palo Pinto County, Texas

4416.585 acres

Recently reduced to $22,082,925 ($5000/acre)

Was $28,707,800 ($6500/acre)


OVERVIEW:


The Fortune Bend Ranch in Palo Pinto County is a 4416-acre ranch that sits in a teardrop of the Brazos River 4 miles south of the dam at Possum Kingdom Lake. The 8.5 miles of river frontage are some of the most scenic parts of the Brazos River system in North Texas. This section of the river has several sets of small rapids and is generally wide with several very large deep pockets that have developed over the millennia by the confluence of creeks including the very notable Ioni Creek. The terrain varies from the river bottom to rolling native prairie to over 475 feet of elevation change up Schoolhouse Mountain. There is a 3 bedroom, 3 bath river-side lodge built in 2005 just a stone's throw from the bank of the Brazos. A small horse barn near the house provides comfortable accommodations for your equine friends. This rustic residence is great for a quick getaway or entertaining family and friends. All owned minerals will convey as well as rarely-available water rights. At closing, the seller will also convey 350 acre-feet of irrigation rights and 100 feet of impoundment rights. It will be the responsibility of the buyer to transfer the water rights to the property after closing.

TERRAIN:


Native rolling land, river bottom, sloping hillsides, and scenic limestone hills with spectacular views. Over 475 feet of elevation change and Schoolhouse Mountain which can be seen from miles and miles away. Scattered to thick game cover includes elm, cedar, mesquite, live oak, pecan, and other native varieties. Cultivation fields for planting game food plots or coastal bermuda for cattle or hay production are scatted through the ranch. Fenced and cross fenced with ponds scattered throughout and a multitude of locations for additional ponds.


IMPROVEMENTS:


A beautiful 3 bedroom 3 bath lodge. 4,346 gross sq. ft. with 2,376 sq. ft. of living area Built in August of 2005. Exterior Douglass Fir beams, ruff hewn plywood, metal roof, living room with vaulted ceilings of 9-13 feet. All cabinets are of barn wood, countertops are sheet metal, barn wood and plaster walls, and slate floors. Master bath with a sauna. 2 kitchens. One screened in and treated porches. Covered carport. The lodge is within a stone's throw of the banks of the Brazos River. A small horse shed for horses is also nearby the lodge.


WATER:


The Fortune Bend Ranch has approximately 45,000 feet or 8.5 total miles of Brazos River frontage and lies in a teardrop less than 4.5 miles south of the dam at Possum Kingdom Lake. This is some of the most scenic parts of the Brazos River in north Texas south of Possum Kingdom dam. The river varies from deep to shallow rapids and is mostly wide with some small islands along the way. The historic Ioni creek enters the Brazos River at the most southern tip of Fortune Bend and the sand and silt that has flowed into the Brazos for the last millennia a. Four water wells, but not all are active. At closing, the seller will convey 250 acre-feet of irrigation rights and 100 acre-feet of impoundment rights. It will be the responsibility of the buyer to transfer the rights after osin.


MINERALS:


All the minerals owned will be conveyed and believed to be approximately 1,305 net mineral acres or 29.58%. Buyer to verify.


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 for 7 miles. 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 7 miles to the center of the property.


PRICE:


Recently reduced from $6500/acre to $5000/acre for all 4,416.58 acres or $4500/acre for the 2,112.91 acre North Brazos River/Dark Valley property. Contact Allen Crumley for more details



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This ranch is being offered For Sale and is Exclusively Listed by Allen Crumley, Associated Broker with Williams Trew.


Buyer's agent must be identified on the first contact and must accompany buying prospect on all showings to be allowed full fee participation. If this condition is not met, fee participation will be at sole discretion of the Listing Broker. Prospects may be required to provide proof of funds prior to scheduling a showing. No trespassing, please. Seller's agent must be present at all showings. This Information was obtained from sources deemed to be reliable, but in no way warranted by Williams Trew or Ebby Halliday. The property is offered subject to errors, omissions, change in price and/or terms, or removal from the market without notice. The Buyer and Buyer's representatives should verify all information contained herein.


Contact Allen Crumley at 817-862-4459 for immediate assistance.


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