, (MLS# 4136768)

$260,000

Virtual Tour

https://www.propertypanorama.com/--4136768/unbranded

Property Type: Land Lot Size (sq. ft.): 4,878,720 Status: Pending

Current Price: $260,000 List Date: 1/20/2026 Last Modified: 5/09/2026

Overview

Description

THE SMITH 112 PRESENTS AN EXCELLENT OPPORTUNITY FOR INVESTORS, FARMERS, OR BUYERS SEEKING A VALUE-ADD RURAL PROPERTY. The versatile Smith County land is in the Polkville Community and consists primarily of fenced open pasture, well-suited for livestock, hay production, or agricultural use. Additionally, the 112± acre property includes two homes, both in need of TLC, with one currently rented, providing immediate income. There is an old mobile home that will be removed. The primary residence, approximately 2,210 square feet, features four bedrooms and two bathrooms, along with a sunroom offering additional living space and natural light overlooking the pasture. Enjoy the covered back porch, a peaceful spot to relax, entertain, or enjoy views of the surrounding farmland. The home also includes a carport. The rental home consists of three bedrooms and one bathroom. Additional improvements on the land include two storage buildings, a barn, an old chicken coop, and four ponds, provi ... (Read more)

Listing Details MLS# 4136768

General Property Information

Approx Lot Size Acres: 112
Expandable Area: No
List Price/Acre: 2321.43
Divisible: No
School District: Smith CO Dist
Property Sub Type: Acreage (10 acres or less)

Property Features

Current Use: Cattle; Hay; Hunting; Recreational; Single Family Possible Use: Agricultural; Cattle; Farm; Hunting; Investment; Recreational; Residential Location: Rural Lot Features: Few Trees; Rolling Slope Covenants And Restrictions: None Sewer: Septic Tank Water Source: Community Listing Terms: Cash; Conventional; FHA; USDA Loan Waterfront Features: Pond Utilities: Electricity Connected; Propane Connected; Water Connected Trees - Wooded: Pecan Horse Amenities: Hay Storage; Pasture

Address and Location Information

Street Number Assigned?: Yes
Parcel Number: 045c-16-000-010
PPIN: 1112
Subdivision: Metes And Bounds
Community Of: N/A

Listing Information

Property Sub Type: Acreage (10 acres or less)
Listing Service: Full Service

Tax and Financial Information

Tax Annual Amount: 2173
Tax Year: 2024
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: 112+/- AC T4N R6E SEC 16

Status Change Info

Contract Date/Pending Date: 2026-05-09

More Information

Land Details

Irrigated: No

Workshop Features

Workshop: No

Waterfront Features

Waterfront: Yes
Pond: Yes

Showing Requirements

Showing: Appointment Required

Horse Amenities

Horse Amenities: No
Hay Storage: Yes
Pasture: Yes

Location

Rural: Yes

Remarks & Miscellaneous

Public Remarks: THE SMITH 112 PRESENTS AN EXCELLENT OPPORTUNITY FOR INVESTORS, FARMERS, OR BUYERS SEEKING A VALUE-ADD RURAL PROPERTY. The versatile Smith County land is in the Polkville Community and consists primarily of fenced open pasture, well-suited for livestock, hay production, or agricultural use. Additionally, the 112± acre property includes two homes, both in need of TLC, with one currently rented, providing immediate income. There is an old mobile home that will be removed. The primary residence, approximately 2,210 square feet, features four bedrooms and two bathrooms, along with a sunroom offering additional living space and natural light overlooking the pasture. Enjoy the covered back porch, a peaceful spot to relax, entertain, or enjoy views of the surrounding farmland. The home also includes a carport. The rental home consists of three bedrooms and one bathroom. Additional improvements on the land include two storage buildings, a barn, an old chicken coop, and four ponds, providing water sources for livestock and opportunities for fishing and recreation. The pastureland also features two producing pecan trees. With gently rolling, usable pasture and multiple improvements, the Smith 112 is ideal for a working cattle operation, homestead, farm investment, or recreational retreat, all in a quiet rural setting. This is a 16th-section land with a $2,500 annual lease, which renews in 2044. THE PROPERTY IS BEING SOLD AS IS. Seller is offering $5,000 in concessions.

Current Use

Cattle: Yes
Hay: Yes
Hunting: Yes
Recreational: Yes
Single Family: Yes

Possible Use

Agricultural: Yes
Cattle: Yes
Farm: Yes
Hunting: Yes
Investment: Yes
Recreational: Yes
Residential: Yes

Lot Features

Few Trees: Yes
Rolling Slope: Yes

Covenants And Restrictions

None: Yes

Sewer

Septic Tank: Yes

Water Source

Community: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
USDA Loan: Yes

Utilities

Electricity Connected: Yes
Propane Connected: Yes
Water Connected: Yes

Trees - Wooded

Pecan: Yes

Documents

PCDS and LBP Disclosures ›

Listing Office: SmallTown Hunting Properties & Real Estate

Listing Agent: Melanie Starnes

Last Updated: May - 09 - 2026