379 Madison

Durant, OK 74701
$459,500
3476 sqft | 2 beds | 2 baths | 11.50 acres | #2439284
For Sale

Description

Rare 11.5-Acre Multi-Use Property with Incredible Potential – Durant, OK Opportunity awaits with this expansive 11.5-acre property, ideally situated near the Durant bypass and Hwy 69/75, offering quick access to the Choctaw Casino and North Texas. This prime location is enhanced by its existing infrastructure, making it a versatile investment for numerous uses. Key features include a massive 7,000+ sq ft of under roof space, with large overhead doors, 600 amps of electric service, and spray foam insulation. The property has recently been operated as a medical cannabis grow and processing facility, this setup can be revitalized for similar operations or easily adapted for other purposes with minimal investment. Beyond its commercial potential, the property boasts a cozy 2-bed, 2-bath living space complete with a kitchen and living room, making it perfect for an owner-operator setup or guest accommodations. The backyard features an in-ground pool and a serene pond with a dock, surrounded by mature fruit trees, creating an inviting retreat for relaxation. This land is mostly cleared and already subdivided into 7 separate tracts, offering substantial development or resale options.Potential uses include: Agricultural – Ideal for greenhouse farming or small-scale orchards. Residential – Build homes on subdivided tracts for a small rural community. Mixed Use – Maintain existing infrastructure and explore alternative income streams. The home and attached shop does require some cleaning and water remediation in areas impacted by water damage, making it the perfect project for buyers looking to add value. This property is priced to sell, presenting a rare investment with versatility, ideal location, and endless possibilities. Don’t miss the chance to transform this unique property into your next venture or dream escape!
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  • Property Details
      • Interior:Laminate Counters, None
      • Bedrooms:2
      • Bathrooms:2
      • Full Baths:2
      • Lot description:Farm, Fruit Trees, PondOnLot, Ranch
      • Exterior materials:Gravel Driveway, None
      • Acres:11.5
      • Square Feet:3476
      • Parking spaces:8
      • Property type:Purchase
      • Year built:2000
      • Foundation:Slab
      • Sewer information:Aerobic Septic
      • Utility source:Rural
      • Utility features:Electricity Available, Fiber Optic Available
      • Subdivision:Bryan Co Unplatted
      • School district:Silo - Sch Dist (SI1)
      • Elementary School:Silo
      • Middle School:Silo
      • High School:Silo
      • County:Bryan
      • Original List Price:$459, 500
      • Days on Market (Cumulative):112
      • Taxes annual:$3, 188
      • MLS #:2439284
      • Cost:459500
      • Property subtype:SingleFamilyResidence
      • MLS #:2439284
      • Structure type:House

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Last Updated: . Source: NORES

Listing Courtesy
Listing Agent: Brad Aycock
Listing Office: Active Real Estate

Wilkerson Real Estate Real Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.