$3,571,055
844.22± Acres
New Listing

Grays Creek Ranch

ID: 34098
Status: New Listing
Price: $3,571,055
Acres: 844.22±
Price Per Acre: $4,230
Address: 556 S Memory Lane
City, State: Marshall, Texas
County: Harrison
ZIP Code: 75670
Presented By: Cash McWhorter
Dwelling Sq Ft: 1,743

Description

Overview:  Grays Creek Ranch presents an incredible investment opportunity in a quiet yet convenient area just minutes N of Marshall, TX.  The ranch is a heavily timbered and productive 844+/- acre property located in a desirable area in northern Harrison County.  The property consists of rolling to flat terrain, mature native hardwood timber, planted loblolly pine, spring-fed creeks, four lakes (34.75+/-, 6.7+/-, 5.8+/-, and 2.3+/- acres in size), productive improved pastures, a pecan orchard, abundant wildlife, and access to utilities.  Bordered on two sides by other heavily timbered properties and only ~13 miles from Harrison Airport, this property is nestled in a convenient, yet quiet part of Harrison County with FM or CR frontage on three sides.    While visiting the ranch be sure to check out the quaint yet vibrant downtown area of Marshall, TX as well as many of the historical sites around the area.  Marshall is home to The Wonderland of Lights during the holiday season with a storybook feel welcoming guest and tourist alike.  Many unique local shopping and culinary opportunities can be found around town great for entertaining guest and family when visiting Grays Creek Ranch.    

Location: Grays Creek Ranch is located just ~7 miles north of Marshall, TX and ~7 miles south of Jefferson, TX on Memory Ln. just off of Hwy 59. Marshall and Jefferson are two unique, quaint East Texas towns.  Both provide shopping, culinary and touring opportunities deep seated in Texas history. The ranch also has road frontage on Sue Belle Lake Road along the west side and FM 1997 along the north side.  The ranch is conveniently located ~27 miles from the town of Longview, ~45 miles from Shreveport, and ~150 miles east of Dallas. 

Improvements:  

  • Main House: 1,550+/- SF with 2,400 add. SF of storage/shop space 
  • Bunk House: 1,743+/- SF 
  • 9,744+/- SF 14-stall horse barn with 3,800+/- SF of office and storage space 
  • Hay Barn: 9,000+/- SF 
  • Well/Well House 
  • High Fenced gated entrance 
  • Most of the property is high fenced with multiple entrances on 3 sides of the ranch. 
  • Shooting/Trap Range 
  • Over ~10 miles of improved trails with some being all weather iron ore based.  

Trees, Grass, Forbs:  This area of Harrison County is known for sandy loam soils which are productive for both hay production and prolific timber stands.  This property features approximately 160+/- acres of planted loblolly pine, an 8.5+/- acre pecan orchard, 96+/- acres of pasture, and 520+/- acres of native mixed timber.  The native tree cover consists of red and white oak varieties, maple, dogwood, elm, birch, hickory, sweet & black gum, persimmon and willow.  The grasses are predominately common and coastal Bermuda as well as some Bahia and native grasses.   The vast majority of the property drains well providing year-round access from all entrances.  Found within the stands of mature timber scattered across the farm are native forbs and browse that are highly attractive to deer and other wildlife.   

Surface Water:  The highlight of the property is the 34.75+/-acre lake located in the SE portion of the ranch with approximately 4+/- acres of the lake being owned by an absentee owner. Three additional ponds and lakes can also be found on the ranch being 6.7+/-, 5.8+/-, and 2.3+/- acres in size.  Nearly one mile of Grays Creek runs through the western half of the ranch as well as ~3.75 miles of additional creeks and tributaries.  This property is also located within the Carrizo Wilcox aquifer making additional drinking/irrigation water accessible by adding an additional well if so desired.  

Topography:  The highest point on the ranch can be found on the north side near the headquarters at 310' above sea level.  The ranch gently slopes to the SW toward the Grays Creek bottoms settling just below 210' above sea level.  The majority of the property is rolling to sloped terrain with the floodplain being found within the Grays Creek corridor.   

Wildlife:  Grays Creek Ranch is situated in a scenic, quiet part of Harrison County where wildlife abounds.  Whitetail deer and Eastern Turkeys are abundant on the ranch as well as waterfowl on the lakes.   There are several areas across the ranch that would lend itself for further development of food plots and hunting areas.  Dove populations can be abundant in late summer to early fall.    

Hospitals/Airports:  See our Harrison County Resource Guide 

Easements:  Pipeline easements, O&G pad sites and an electrical easement servicing the improvements on the property.   

Minerals:  No minerals are believed to be owned.  Seller will convey any minerals owned.  

Utilities:  Electricity is provided by Upshur Rural Electric Co-op and water provided by a well.  The property also has access to North Harrison WSC.  

Property Taxes:  Ask Broker for details.   

Schools:  Marshall ISD  

Price: $3,571,054.83 ($4,230/Acre) 

Contact:  

Cash McWhorter- Broker/Partner
469-222-4076 mobile

Stephen Schwartz- East Texas Specialist, Agent
903-738-7882 mobile

BROKER & COMMISSION DISCLOSURE: Buyer's Agent/ Broker must be identified upon first contact with Listing Broker/ Listing Agent and Buyer's Agent/ Broker must be present at the initial property tour in order to participate in the real estate commission. Commission splits will be at the sole discretion of Hortenstine Ranch Company, LLC. 

*All information is deemed reliable, but is not warranted by Hortenstine Ranch Company, LLC. All information is subject to change without prior notice. 

Ask Cash About This Property

Co Representative(s)