117± Acres – Residential Development Opportunity Near Quanah, Texas

117± Acres – Residential Development Opportunity Near Quanah, Texas Large development tracts near Quanah are increasingly limited. Based on the size and location of this property, developers and builders may wish to evaluate the tract for multiple residential homesites depending on subdivision design, road layout, utility availability, and governmental approvals. ________________________________________ Developer / Builder Opportunity • 117± acres positioned for potential residential subdivision • FM 2568 frontage along the entire west boundary • Possible additional access from unopened platted city streets along the north boundary • Located just southwest of Quanah city limits • Adjacent to Quanah Municipal Airport area • Suitable for builders, developers, or investors evaluating subdivision opportunities ________________________________________ Property Overview 117.00 acres, more or less, located just southwest of the city limits of Quanah, Texas, and just east of the Quanah Municipal Airport. The property offers an attractive opportunity for residential development, land investment, or continued agricultural use. Tracts of this size near Quanah may provide developers an opportunity to evaluate larger subdivision or phased residential development projects in close proximity to town. The land is currently in cultivation with dryland wheat, and the relatively open terrain may allow for efficient subdivision design depending on road layout, drainage planning, and infrastructure improvements. The property may also allow for continued agricultural use during planning or holding periods prior to development. ________________________________________ Access The property benefits from excellent road access, including: • FM 2568 frontage along the entire west boundary Additionally, if the currently unopened but platted city streets along the north boundary were reopened, the tract could potentially gain additional access connections to existing streets within the City of Quanah, depending on subdivision planning and approvals. ________________________________________ Development Potential Developers and builders may wish to evaluate the tract for: • Single-family residential subdivision • Estate-style homesites • Rural residential lots Depending on development design, the property may support a variety of residential lot configurations, subject to engineering, utilities, and governmental approvals. ________________________________________ Agricultural Use & Fencing The property is currently in dryland wheat production. Fencing includes: • Good to new five-strand barbed wire fencing with metal corner posts on three sides • Older heavy mesh wire fencing on the north boundary in fair to good condition The tract is suitable for grazing cattle on wheat pasture, allowing for interim agricultural income while holding for development or investment. ________________________________________ Easements To the best of Seller’s knowledge, no easements or rights-of-way are known that would materially affect the use of the property. A Commitment for Title Insurance will identify all recorded easements and encumbrances of record. ________________________________________ Utilities & Infrastructure Availability and capacity of the following should be independently verified by prospective buyers: • Water service • Sewer or septic systems • Electricity • Natural gas • Telecommunications • Road construction requirements • Drainage infrastructure ________________________________________ Due Diligence Prospective buyers should conduct their own independent due diligence, including but not limited to: • Zoning and land-use regulations • Subdivision and platting requirements • Access and road construction standards • Utility availability and capacity • Drainage and engineering requirements • Environmental considerations • Applicable city, county, and state regulations ________________________________________ Investment Opportunity This property represents a rare opportunity for development-scale acreage near Quanah, suitable for builders, developers, and land investors seeking residential development opportunities while maintaining interim agricultural productivity. LEGAL DESCRIPTION: 117.00 acres, more or less, in the NW/4 of Section 15, Block H, W&NW Ry. Co. Survey, Hardmen County, Texas. IMPROVEMENTS: None. PERSONAL PROPERTY: Fiberglass water trough and two portable fence panels. FENCES: Good to new five strand barbed wire fence on three sides with metal corner posts. North boundary fence is an older heavy mesh wire fence in fair to good condition. MINERALS & MINERAL RIGHTS: Subject to previous reservations of record. Any owned minerals will be conveyed. WIND RIGHTS: All wind rights will be conveyed to buyer. SOLAR RIGHTS: All solar rights will be conveyed to buyer. WATER RIGHTS: & Water: All water rights will be conveyed to buyer. WATER CONSERVATION DISTRICT: Gateway Groundwater Conservation District IRRIGATION POTENTIAL: Unknown. SURFACE WATER: None DOMESTIC WATER WELLS: There is not a working water well on the property. UTILITIES: Electric lines along west side of FM 2568 and very close to the north. City of Quanah water line. TOPOGRAHY: Very level. FSA BASE ACREAGE & YIELDS: Available. ZONING: Agricultural. Located outside of any municipality. EASEMENTS & RIGHTS-OF-WAY: There are no known easements or rights-of-way that will materially affect the operation of this property. Commitment for Title Insurance will identify all existing easements. SCHOOL DISTRICT: Quanah ISD TAXING DISTRICTS: Taxes for 2025 were $140.60 annually with an Agricultural Value Exemption. HUNTING LEASE: None in place. GRAZING LEASE: None in place. POSSESSION: Subject to harvest of any growing crop. DIRECTIONS: From the intersection of US Hwy 287 and FM 2568 (Airport Loop Rd), go south for .7 miles, across FM 104 (W 16th St) onto FM 2568. Property lies on the east side FM 2568. NO TRESPASSING. PLEASE DO NOT ACCESS PROPERTY WITHOUT BEING ACCOMPANIED BY LISTING BROKER OR AN AGENT WHO HAS WRITTEN PERMISSION FROM LISTING BROKER. As with any Exclusive Listing Agreement, owners are not to negotiate with any prospective buyers, but to refer all prospective buyers to the Listing Broker, so please do not contact any of the owners directly. Please direct all questions to Listing Broker. This property is not for Rent, not for Lease and Owner Financing is not available.