Rare in North Texas, approximately 205 acres of pasture located right outside of Ladonia TX and just a hop to the newly built Lake Ralph Hall. It is very close to FM Road 64 and also across from the Ladonia Rodeo Arena and extend all the way to CR 3665. This is a great property to build a home and enjoy the quietness of the country. There are 3 ponds and trees nicely scattered throughout the property. It has lot of frontages on CR 3660. This is a nice property with character, well located close to town and the new Ralph Hall Lake which is under construction right now. It is in agricultural exemption to keep the lowest tax rate and there is no known restrictions. This land has been in the same family for 3 generation, and it is the 1st time on the market. Great investment property for a 1031 Tax Free Exchange. Come check it out anytime. Call me for more details.