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  • $2.4M Price
  • 395.35 Acres
  • 1970 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • $2.4M Price
  • 395.35 Acres
  • 1970 Year Built
  • Study
  • Game Room
  • Media
  • Pool

395 Hwy 37
Mount Vernon, Texas 75457

County: Franklin (TX) County

Located just four miles north of Mt. Vernon, this exceptional ranch presents a rare combination of agricultural productivity, recreational appeal, and long-term development upside. Positioned on a highly visible hard corner at Hwy 37 and County Road NE 2210, the property boasts nearly 5,000 feet of highway frontage and over 3,000 feet of county road access—offering unmatched accessibility and exposure. Currently operating as a functional cattle operation, the property is well-equipped for continued livestock use or expansion. With over 20 feed pens, multiple grass turnout traps, and an efficient system of lanes, working pens, and load-out facilities, this ranch is ideally suited for a pre-conditioning yard, backgrounding operation, or heifer development program. Approximately 320 acres of improved pasture provide excellent grazing and forage production potential, while new fencing along Hwy 37 adds both value and security. Beyond its agricultural strengths, the property offers outstanding recreational opportunities. Approximately 70 acres along Bear Pen Creek on the eastern boundary provide prime wildlife habitat, supporting whitetail deer, hogs, and other native species. The combination of water, cover, and nearby agricultural food sources creates an ideal setting for hunting and outdoor enjoyment. The location further enhances the property’s appeal. Mt. Vernon’s revitalized downtown square has seen significant updates in recent years, bringing new restaurants, shops, and community activity that continue to drive growth in the area. With close proximity to I-30, the property is well-positioned for future residential, commercial, or mixed-use development as expansion continues east of the Dallas metroplex. Additional improvements include a 1,600 sq ft, 2-bedroom, 2-bath brick home—perfect for an employee residence or rental opportunity. The seller also has an additional 100 acres of nearby pasture available for purchase, offering the potential to expand.

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Essential Information

  • Price$2,362,198
  • Reduced By$306,402
  • Cumulative Days on MarketUnlock
  • MLS® #21220818
  • Acres395.35
  • Year Built1970
  • TypeLand
  • Sub-TypeRanch
  • StatusActive
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Quick Valuation Analysis from 2 Active Listings

Pricing Trends from 2 Active Listings in County

This Home's Price $2,362,198 This Home's Price Per SqFt $
Average Price $1,517,943 Average Price Per SqFt $
Highest Price $2,362,198 Highest Price Per SqFt $
Lowest Price $673,687 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address395 Hwy 37
  • SubdivisionCounty
  • CityMount Vernon
  • CountyFranklin (TX)
  • StateTexas
  • Zip Code75457
  • HOANone
  • UtilitiesAll Weather Road, Asphalt, Co-op Electric, Co-op Water
  • Taxes3500

Amenities

  • WaterfrontCreek

Exterior

  • FenceBarbed Wire
  • Lot DescriptionAcreage, Agricultural

Additional Information

  • ZoningNone. Currently Ag Exemot

Private Listing Information (Registration Required)

Listing Details

  • AgentCole Hoskison
  • OfficeHeritage Land Company, Llc

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Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

Listing information last updated on November 9th, 2026 at 8:16pm CST.