Price Reduced Listing
$3,137,090
 $16,841 est/mo Sourced by Back At You

Tbd Fm 51,Paradise, TX 76073

Paradise, TX 76073

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Description

The Lewis Ranch is a rare legacy property, offered for sale for the first time in over 100 years, and the kind of property that's becoming harder and harder to find in Wise County. Its proximity to the FM 51 and Highway 114 interchange gives it strong long-term development potential in addition to its ranching and homesite appeal. Walnut Creek SUD has a water line near property which adds tremendous opportunity for development. Whether your plans include running cattle, building a home in the country, raising horses, or simply owning a piece of land the family can enjoy for generations, this ranch is set up to do it all. Seven ponds are scattered across the ranch, while Salt Creek winds through the property, providing dependable water for livestock and wildlife alike, and mature oak trees are spread throughout the landscape, offering shade for cattle during the summer months and beautiful cover for native wildlife. The ranch is well suited for a productive cattle operation with quality fencing and plenty of water, and in addition to the grazing ground, approximately 50 acres of productive tillable acreage provide opportunities for farming or hay production. If building is in your future, you'll have several outstanding homesites to choose from, with rolling pasture, scattered oaks, and views of the ponds creating a beautiful setting for a custom home, plus plenty of room for a shop, barn, horse facilities, or even a roping arena, allowing you to build a place that fits your lifestyle. Accessing the ranch is easy thanks to approximately 1,742 feet of paved road frontage on FM 51. The Lewis Ranch is located in one of North Texas' most desirable areas, offering the space and privacy of country living without giving up the convenience of nearby towns, sitting approximately 10 miles from Decatur and Bridgeport and about 30 miles from the DFW Metroplex, making it an easy drive to shopping, dining, employment, while still enjoying life in the country.

Details

MLS #21335307
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site77
Listing Provided ByArrowhead Land Company | Phillip Dodd

Features

ZoningAG
Acreage263.62

Exterior

Lot FeaturesAcreage, Agricultural, Bottom, Many Trees

Utilities

UtilitiesCo-op Electric

Taxes

Unexempt Taxes228
Tax Block77
Tax Legal DescriptionBLK 77-78 95-96 99 263.6210 ACRES

Area Information

StateTX
CountyWise
CityParadise
Zip Code76073
AreaWise
School DistrictParadise ISD
Elementary SchoolParadise
High SchoolParadise
Listing VS Median (in 76073)
Price:
$3,137,090
low | high
Med:
$589,000
100% of Average
On site:
77
low | high
Med:
1
100% of Average
Sourced by Back At You

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyWise
CityParadise
Zip Code76073
AreaWise
School DistrictParadise ISD
Elementary SchoolParadise
High SchoolParadise
Listing VS Median (in 76073)
Price:
$3,137,090
low | high
Med:
$589,000
100% of Average
On site:
77
low | high
Med:
1
100% of Average
Sourced by Back At You
Listing Updated: October 6, 2026 at 2:09:03 PM PDT