$260,000
Property Type: Land Lot Size (sq. ft.): 4,878,720 Status: Active
Current Price: $260,000 List Date: 1/20/2026 Last Modified: 3/12/2026

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, 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.

More Information MLS# 4136768

Address and Location Information

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

Location

Rural: 1

Listing Information

Listing Service: Full Service Status: Active List Date: 2026-01-20 List Price: $260,000 Current Price: $260,000 Property Sub Type: Acreage (10 acres or less)

General Property Information

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

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

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: 1 Hay: 1 Hunting: 1 Recreational: 1 Single Family: 1

Possible Use

Agricultural: 1 Cattle: 1 Farm: 1 Hunting: 1 Investment: 1 Recreational: 1 Residential: 1

Land Details

Irrigated: No

Lot Features

Few Trees: 1 Rolling Slope: 1

Covenants And Restrictions

None: 1

Sewer

Septic Tank: 1

Water Source

Community: 1

Listing Terms

Cash: 1 Conventional: 1 FHA: 1 USDA Loan: 1

Workshop Features

Workshop: No

Waterfront Features

Waterfront: Yes Pond: 1

Showing Requirements

Showing: Appointment Required

Utilities

Electricity Connected: 1 Propane Connected: 1 Water Connected: 1

Trees - Wooded

Pecan: 1

Horse Amenities

Horse Amenities: No Hay Storage: 1 Pasture: 1

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
Listing Office: SmallTown Hunting Properties & Real Estate
Listing Agent: Melanie Starnes
Last Updated: March - 12 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.