$3,219,150
For Sale

1298 State Hwy 7 Highway

Eddy, TX 76524
Browse 37 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Introducing the exceptional 215+/- acre Pennington Property, nestled between Waco and Temple in Eddy, Texas. This unique tract boasts unparalleled views, with the South Cow Bayou Creek meandering through its rolling hills and elevations that rise over 120 feet, offering breathtaking views of the Waco skyline and I-35 corridor. With its rich history, having been in the same family since 1950, this property presents a rare opportunity for a savvy buyer. Its diverse landscape, featuring open grazing areas, medium brush cover for prime whitetail and pig hunting, and dense woods for thrilling ATV adventures, makes it an ideal setting for a thriving cow/calf operation or a secluded hunting retreat. Enjoy the convenience of over 1,750 feet of Highway 7 frontage, with two access points, and a prime location just 6.1 miles east of I-35, within an hour and a half of both Austin and DFW. Don't miss this chance to own a piece of Texas history and create your own legacy on this incredible property.
Along the northern boundary of this exceptional property, the tranquil South Cow Bayou Creek flows gently, offering over 5,575 linear feet of serene waterway. This picturesque creek originates four miles north of Moody and meanders southeast for eighteen miles, carving a path through the rolling prairie landscape. The terrain surrounding the creek features flat, expansive areas punctuated by steep slopes, all blanketed with rich, dark clay and clay loam soils. The vegetation is a vibrant tapestry of native Texas flora, including majestic oak, pecan, and juniper trees, complemented by the resilient mesquite and cacti, with lush Native and Bermuda grasses adding a pop of color. According to local legend, this iconic Central Texas creek was named for the wild cattle that once roamed its banks, adding to its rich history and charm. The South Cow Bayou Creek is a true natural treasure, offering a peaceful and scenic backdrop for your next adventure or a relaxing retreat

  • Property Details
      • Utility FeaturesElectricityAvailable, WaterAvailable, SewerNotAvailable
      • Lot FeaturesFarm, Other, FloodZone, RollingSlope
      • Lot DescriptionFarm, Other, FloodZone, RollingSlope
      • Property Subtype AdditionalImprovedLand
      • Property SubtypeImprovedLand
      • School DistrictChilton ISD
      • Original List Price$3,219,150
      • Elementary SchoolChilton
      • Cost3219150
      • Utility SourcePublic
      • MLS #223212
      • MLS #223212
      • CountyFalls
      • Parcel Number34129
      • Waterfront FeaturesCreek
      • Taxes Annual$200
      • Acres215
      • Days on Market (Cumulative)73

Location

Judy VaughnReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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