Lake Texoma 50

The Lake Texoma 50 is a very appealing ranch located west of Durant and adjacent to the U.S Army Corps property on Lake Texoma. The neighboring properties on three sides are residential developments, which creates promising potential for this tract. Rural water and electricity are along the road frontage with opportunities for a residential homesite or investment with subdividing possibilities. This is one of the last undeveloped parcels in this area with close proximity to the lake. LOCATION The property is located 10 miles west of Durant and 3 miles southwest of Mead just north of the Sand Point community. This tract is accessed from N Sand Point Rd and has approximately 500 +/- of frontage. There are residential developments on the north, south, and east with lots ranging from 1/2 to 2 acres. Willow Springs Marina and Resort is only minutes away. The travel time is approximately 1.5 hrs from Dallas and 2.5 hrs from Tulsa and OKC. TOPOGRAPHY, RANGELAND & HABITAT The topography is mild with a small drainage on the north that feeds into the lake. The majority of the property is wooded and includes Cedar and Oak. The U.S. Army Corps of Engineers borders the northwest portion of this property. UTILITIES Rural Water District #2 and Southeastern Electric Co-op service this area. There is currently a fire hydrant along the frontage. TAXES The annual property taxes are approximately $31. MINERALS Surface sale only. The information contained herein has been gathered from sources deemed reliable; however, Republic Ranches, LLC and its principals, members, officers, associates, agents and employees cannot guarantee the accuracy of such information. The information contained herein is subject to changes, errors, omissions, prior sale, withdrawal of property from the market without prior notice, and approval of purchase by owner. Prospective buyers should verify all information to their satisfaction. No representation is made as to the possible value of this investment or type of use, and prospective buyers are urged to consult with their tax and legal advisors before making a final determination. Real Estate buyers are hereby notified that real properties and its rights and amenities in the States of Texas; Oklahoma; Colorado; Louisiana; Arkansas; and New Mexico are subject to many forces and impacts whether natural, those caused by man, or otherwise; including, but not limited to, drought or other weather related events, disease (e.g. Oak Wilt, Anthrax, Chronic Wasting Disease), invasive species, illegal trespassing, previous owner actions, neighbor actions and government actions. Prospective buyers of Texas real estate, New Mexico real estate, Colorado real estate, Oklahoma real estate, Arkansas Real Estate, or Louisiana real estate should investigate any concerns regarding a specific real property to their satisfaction. When buying investment property the buyer's agent, if applicable, must be identified on first contact and must be present at initial showing of the property listing to the prospective real estate investor in order to participate in real estate commission. If this condition is not met, fee participation will be at sole discretion of Republic Ranches, LLC. Republic Ranches, LLC reserves the right to require any or all interested buyer(s) of a particular property to provide proof of financial ability to purchase said property prior to the initial showing or any subsequent showing of the property. Republic Ranches, LLC also reserves the right to refuse to show a property to a potential buyer for any reason at Republic Ranches, LLC's sole and absolute discretion.