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Mustang Creek Ranch - Johnson County, Cresson, TX

The Mustang Creek Ranch is a fantastic property for the land investor with an eye towards future development in the rapidly growing area southwest of Fort Worth.  It is in the corner areas of Hood, Johnson, and Parker Counties and is located just east of Cresson towards Godley in the northwest corner of Johnson County.  

Location:

Mustang Creek Ranch borders the south edge of the Cresson City Limits at 9401 CR 917, Cresson, Texas 76035, and is between 918 and 171, both highways of which run along with rail just over 1 mile from the property.  The west portion of the ranch is in the Granbury ISD, and the east in Godley ISD.  

Land:

The main feature of the property is Mustang Creek, that traverses the land for about 1.5 miles.  The owners have built concrete dams and spillways that stair-step through the creek, providing not only excellent crossings but many beautiful lakes and ponds.  There are over 12 lakes and ponds with the largest being near the main residence and central areas of the ranch. 

The prairie is mostly open with rolling vistas and few mesquites.   Elevations range from 850′ to 990′ and there is only a nominal amount of floodplain along the creek systems.

This property package has approximately 4,900′ of frontage on 917 – and it is currently not zoned.

Improvements:

Improvements include:

Luxury custom home built in 2010, with 5,911 square feet, and an additional 4,000 sf of wrap around porch area.  It has 2 bedrooms and 3 baths, a concrete basement bunker area, and generous living spaces overlooking the ranch with large oversized windows.

1 foreman house with 2,300 +/- square feet, 3 bedrooms and 3 baths.

1 caretaker’s house with three separate casita type rooms, each with a bath and kitchen.

1 horse barn

1 storage barn

Various sheds, feed barns, and a garage.

Asphalt paved driveway from the gate to the headquarters.

Minerals:

There is production on the ranch (6 locations, with only 2 producing sites), and a gas processing plant on the south end.  Minerals are not available.

Wildlife:

The northeast part of the ranch offers some wooded habitat along the creeks with hardwood and mixed tree cover for deer and hog hunting, and of course fishing in the lakes and dove hunting the fields are good as well.

 

Shown by appointment only.

Mustang Creek Ranch

Johnson County, Cresson, TX

1,559 Acres


Property Sold
Dec 11th, 2020
$10,950,000 (Asking Price)