Twin Mountain Ranch
This is a AAA property with considerable "free infrastructure." Beautiful trees, water, terrain and relief, huge views, Interstate 20 and FM 919 frontage for total exposure. It is 25 minutes from Weatherford, Texas and a 45 minute drive to Loop 820 in Fort Worth, Texas.
The City of Gordon signed a "Letter of Serviceability" to supply both water and sewer service to the entire ranch and the I-20 frontage road with less than 1/4 mile of offsite construction required. This has a definite commercial potential in the near future, as this is the only sewer service available on I-20 between Weatherford and Eastland, Texas. The ranch has 4 water meters and 1 sewer connection in place already.
The ranch is directly in the path of the rapidly developing transitional area on the I-20 corridor of Palo Pinto County, and is ripe for partitioning into numerous tracts of between 10 acres to 30 acres and will average $7,000 - $10,000 per acre, retail, in smaller tracts, excluding any commercial values from I-20 Frontage.
Owner Financing is available with a 10% down payment, up to 20 year term, 9% interest, no prepayment penalty. Larger down payments financed at 7.5%-8.5%.
Bank Financing is also available at lower rates, 15% down through TMR lead lender, Comanche National Bank, c/o Brookes Worthington, Vice President.