INVESTMENT OPPORTUNITY
256.3 acres of 32-year-old pine forest with some open pastures and spotty wetlands along the many trails. With over 1800 feet of paved road frontage the tract is ripe for timber harvest, subdividing, or future investment. Mature loblolly pine and some hardwoods make up most of this nice squared off tract.
An April, 2020 timber cruise estimated a total at 96 tons/acre or 24,659 tons total timber. Loblolly pine sawtimber was estimated at 96 tons/acre, or 21,872 tons pine sawtimber. Immediate cashflow could be realized by contracting the removal of the timber, or timber could be allowed to grow (tonnage of pine sawtimber this age is estimated to grow 8 to 10 percent per year).
As a bonus four tracts have been carved out with road frontage. These tracts are from 1.885 ac to 2.29 ac and are included in the total acreage of the listing. These tracts could be used for future homesite devel...
As a bonus four tracts have been carved out with road frontage. These tracts are from 1.885 ac to 2.29 ac and are included in the total acreage of the listing. These tracts could be used for future homesite development or to facilitate easy subdividing of balance of 248 acres into 15 to 50-acre tracts. Several nice homes have already been constructed along the CR 2252 corroder
The property is 10 miles from Cleveland and only 1hour to Houston.
Looking for hunting/investment property close in to Houston; this is it.
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