This property can be purchased with or without the minerals. Owner has 100% of minerals and there are 2 producing Barnett Shale gas wells. Gas company plans to drill more wells in the future.

Open pastureland with scattered trees surrounds the heavily wooded Mill Creek Canyon area. This is a good combination of gentle country to run cattle on and rough wooded terrain for hunting. 140 feet of elevation change provides some excellent views.

100% Barnett Shale Minerals available at additional cost.

Deer and turkey hunting is good with trophy whitetails likely. 2 stock tanks are loaded with ducks in the winter. There are also dove, quail, hogs, and predators to make this a good hunting property.

Mineral income averaged about $18,000 per month over period from November 2008-January 2009. Grazing rights and hunting rights can also be leased for additional income.

Mill Creek starts on the property, there are 2 stock tanks, and subsurface water is plentiful.

FM 1434 frontage

Electricity. Underground water is plentiful. Telephone service is available.

The Retreat development shares 3+/- miles of fence with this property. This development is 3000+/- acres with golf course and swimming pools. There is no hunting on this property and you don't see many roof tops with the terrain being the way it is. The neighbor to the south is 1000+/- acres so you are surrounded by excellent neighbors. It is possible to get a membership to The Retreat or buy a lot which would create a unique opportunity for new owner.

Blake Hortenstine, Broker 214-616-1305 mobile - view all properties from this agent