$3,144,000

Investors and Developers, if you are looking for Residential development property in Franklin ISD, this property is a must see, or, if you are wanting a recreational property with current Agricultural exemption, this place will check that box. This 262 Acre tract has approximately 3, 500 ft. of frontage on Old Hickory Grove Road. It is 95% wooded with Water Oak, Hickory, Elm, Post Oak, Sycamore, Cedar, and Yaupon and has an abundance of wildlife. Rolling elevation changes of 120 ft. provide multiple beautiful homesites. The Sandy loam soils are a plus for road construction, infrastructure, and housing development. Navasota Valley Electric is on-site, and a Robertson County Water main that will service the 68 reserved meters is being installed along the front. The property is under mineral lease with a full surface waiver preventing any Oil and Gas drilling on this property. Seller will convey all surface rights relating to the Oil and Gas Minerals. Property has an Agricultural tax Exemption in place and is Deed restricted. Seller will provide a new boundary line survey. Travel time is ten minutes to Franklin and about 45 minutes from BCS.