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395 Hwy 37

Mount Vernon, TX 75457

$2,362,198

Ranch · 395.35 ac

Acres395.347 acres
Price per acre$5,975 / acre
WaterCo-op Water
FencingBarbed Wire
Ag exemptionAgricultural
Road accessCounty Road, Highway
TypeRanch

What it costs to own

Taxes$3,500 per year
MUDNone listed
HOANone listed
Price per acre$5,975
Exemptions notedAgricultural

Taxes shown reflect the current owner's exemptions and may change after purchase.

An agricultural exemption ends when the land sells — taxes will be reassessed. Verify with the county appraisal district.

About this home

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.

The details

Lot featuresAcreage, Agricultural
FencingBarbed Wire
Water sourceCo-op Water
ElectricCo-op Electric

ZoningNone. Currently Ag Exemot
RestrictionsNone
EasementsUtilities

Mineral rights aren't stated in this listing — verify with the title company before purchase.

CropsCoastal Bermuda
Current useAgricultural, Cattle
Possible useAgricultural

SubdivisionCounty

ElementaryMt Vernon
Middle schoolMt Vernon
High schoolMt Vernon
DistrictMount Vernon ISD

MLS #21220818
Source
Price changeReduced by $306,402 · Jul 8, 2026
On the market103 days
CountyFranklin (TX)

Around this home

One moment…

Everyday life

Nearest groceryBrookshire's · 0.2 mi
Nearest parkMount Vernon Sports Complex · 0.4 mi

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Listing courtesy of Heritage Land Company, LLC — Cole Hoskison.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21220818. Information last updated July 8, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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