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Carmen Hunt

carmen@carmenhunthomes.com +1(817) 319-6332

$ 699,000

Est. payment -/mo

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9312 Fm 512 Wolfe City, TX 75496

3 Beds

2 Baths

1,636 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Farm/Ranch

Listing Status Active

Purchase Type For Sale

Square Footage 1,636 sqft

Subdivision Wilson Jason

MLS Listing ID 21431345

Style Traditional

Bedrooms 3

Full Baths 2

HOA Y/N None

Year Built 1975

Annual Tax Amount $3,053

Lot Size 25.110 Acres

Acres 25.11

Property Sub-Type Farm/Ranch

Property Description

Rare opportunity to own 25.110 acres featuring Magee Airport (FAA Identifier 42TX), an established FAA-registered private airport with a 2,500-foot north-south turf runway. This exceptionally level and usable property offers outstanding potential for the development of a small residential airpark community, private aviation estate, hobby farm, or recreational retreat. Conveniently located near Greenville, northeast of the Dallas-Fort Worth Metroplex, the property features approximately 2,300 feet of frontage along FM 512, providing excellent access and flexibility for future development. Existing improvements include an older 1,600-square-foot, 3-bedroom, 2-bath residence with a solar electric system and a spacious 35 x 80 aircraft hangar or workshop offering approximately 2,800 square feet of enclosed space. The home has been vacant for approximately two years and has some deferred maintenance, offering an opportunity for renovation and updating. The level topography, generous road frontage, established runway, and existing improvements make this property particularly attractive for buyers interested in creating a small aviation community with individual homesites and hangars, subject to applicable development approvals. Whether your vision includes developing a boutique residential airpark, establishing a private flying retreat, or enjoying the freedom of a spacious Texas hobby farm, this unique property offers an exceptional combination of acreage, aviation infrastructure, and future possibilities. 23.5 acres is also available for sale without the house.

Location

State TX

County Hunt

Community Airport/Runway

Direction Please use a GPS for the most accurate driving directions.

Rooms

Dining Room 1

Interior

Interior Features Eat-in Kitchen

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Laminate

Fireplaces Number 1

Fireplaces Type Blower Fan, Insert, Wood Burning

Appliance Dishwasher, Electric Cooktop, Electric Oven

Heat Source Central, Electric

Exterior

Exterior Feature Private Landing Strip, RV/Boat Parking

Garage Spaces 2.0

Carport Spaces 2

Community Features Airport/Runway

Utilities Available Electricity Connected, Individual Water Meter, Outside City Limits, Rural Water District, Septic, No City Services

Roof Type Composition

Total Parking Spaces 4

Garage Yes

Building

Lot Description Agricultural, Airstrip, Taxi-way

Story One

Foundation Concrete Perimeter, Pillar/Post/Pier

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Wolfecity

Middle Schools Wolfecity

High Schools Wolfecity

School District Wolfe City Isd

Others

Restrictions No Restrictions

Acceptable Financing 1031 Exchange, Cash, Conventional, Texas Vet

Listing Terms 1031 Exchange, Cash, Conventional, Texas Vet

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21431345

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Steven Bloomquist • AirSpace

Carmen Hunt

Agent License ID: 472172-SA

+1(817) 319-6332

Carmen Hunt

9312 Fm 512 Wolfe City, TX 75496

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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9312 Fm 512