000 IH 45 , Rice, TX 75155(Navarro County)

172.88 Acres in Rice, TX - $302,542

172.881 acre pasture with frontage on the north bound service road of IH45 and frontage on NE CR1050 at Rice, Texas. this property is located just across IH45 from the City of Rice with excellent visibility on IH45 the main thoroughfare from Dallas to Houston. Property needs attention but would make an excellent homesite for a small ranch or horse property. Fencing is in very poor condition; however, the asking price reflects the work required. Income form a billboard lease on the IH45 service road. All minerals convey. Owner has been notified that the "ag exemption" will be removed this year since there is currently no agricultural use. Check with Navarro CAD for possibility of recovering the "ag exemption" and any rollback taxes.