This offering includes the wholesale of 5 premium lots at Rocky Creek Ranch in southwest Tarrant County. Rocky Creek Ranch is a private community consisting of lots ranging in size from 10-50 acres. It sits on the southern shore of Lake Benbrook, north of 1187 and between Mustang and Rocky Creeks. There is over 6 miles of private riding, hiking and biking trails as well as a 130 acre recreation area along Mustang Creek. This is a unique development because the HOA maintains a grazing lease with a rancher therefore the unimproved lots can apply for an ag exemption and maintain a low property tax base.
The lots included in the package are: lot 10R, 47.81 acres; lot 19R, 20.26 acres; lot 24, 36.06 acres; lot 39R 26.90 acres; lot 40, 29.67 acres. The total amount of acreage offered is 160.7 acres. Electrical service and phone service are at the front of each lot. On average the development ...
The lots included in the package are: lot 10R, 47.81 acres; lot 19R, 20.26 acres; lot 24, 36.06 acres; lot 39R 26.90 acres; lot 40, 29.67 acres. The total amount of acreage offered is 160.7 acres. Electrical service and phone service are at the front of each lot. On average the development is asking around $15,000 per acre, with prices as high as $25,000+ per acre for premium lake front lots. These lots are being offered wholesale for just over $12,000 per acre. A map with boundary lines sketched of the 5 lots is attached, as well as a plat map of the development.