New Listing
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.
Details
| MLS # | 21431345 |
|---|---|
| Listing Type | For Sale |
| Style | Farm or Ranch |
| Sub-Type | Resale |
| Status | Active |
| Year | 1975 |
| Days On Site | 2 |
| Listing Provided By | AirSpace | Steven Bloomquist |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,636 |
| Garage | 2 |
| Car Port | Yes |
| Story(s) | 1 |
| Acreage | 25.11 |
Interior
| Room Count | 2 |
|---|---|
| Cooling | Ceiling Fan(s), Central Air, Electric |
| Heating | Central, Electric |
| Interior Features | Eat-in Kitchen |
| Appliances | Dishwasher, Electric Cooktop, Electric Oven |
| Fireplace Features | Blower Fan, Insert, Wood Burning |
Exterior
| Exterior Features | Private Landing Strip, RV/Boat Parking |
|---|---|
| Roof | Composition |
| Construction Materials | Brick |
| Foundation Details | Concrete Perimeter, Pillar/Post/Pier |
| Lot Features | Agricultural, Airstrip, Taxi-way |
Parking
| Garage Yn | 1 |
|---|---|
| Attached Garage Yn | 1 |
| Parking Features | Driveway, RV Access/Parking |
Utilities
| Utilities | Electricity Connected, Individual Water Meter, Outside City Limits, Rural Water District, Septic, No City Services |
|---|
Location
| Community Features | Airport/Runway |
|---|
Taxes
| Unexempt Taxes | 3053 |
|---|---|
| Tax Legal Description | A1080 WILSON JASON, TRACT W48, ACRES 1.545 |
Area Information
| State | TX |
|---|---|
| County | Hunt |
| City | Wolfe City |
| Zip Code | 75496 |
| Area | Hunt |
| Community Name | WILSON JASON |
| School District | Wolfe City ISD |
| Elementary School | Wolfecity |
| High School | Wolfecity |
| Listing VS Median (in WILSON JASON) | |
Price: $699,000 low | high Med: $699,000 sqft: 1,636 low | high Med: 1,636 $ / sqft: $427 low | high Med: $427 On site: 2 low | high Med: 2 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Hunt |
| City | Wolfe City |
| Zip Code | 75496 |
| Area | Hunt |
| Community Name | WILSON JASON |
| School District | Wolfe City ISD |
| Elementary School | Wolfecity |
| High School | Wolfecity |
| Listing VS Median (in WILSON JASON) | |
Price: $699,000 low | high Med: $699,000 sqft: 1,636 low | high Med: 1,636 $ / sqft: $427 low | high Med: $427 On site: 2 low | high Med: 2 | |