$1,750,000

G Buchanan, Rhome — 196 days on the market.

Exceptional development opportunity spanning over 76 acres in the heart of rapidly growing Wise County. Located just north of Rhome (and a part of New Fairview ETJ), this largely open tract features minimal tree coverage, offering a highly versatile canvas for future development, investment, or continued agricultural use. The property includes three producing natural gas wells and one water well, adding existing infrastructure value. Situated with private road access and gated entry, the land offers both accessibility and privacy. Opportunity for an agricultural lease provides potential income and favorable tax treatment. Strategically positioned approximately 7 miles north of the Rolling V Ranch housing development and just a few miles from U.S. Highway 287, this location benefits from proximity to major growth corridors while retaining a rural setting. The seller is open to subdividing the property into smaller parcels via metes and bounds descriptions, with a cooperative buyer, allowing flexibility for a range of purchase strategies and end uses.

Schools reported by this listing’s MLS record. School assignments and boundaries can change. Verify the specific address with the district.