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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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Tbd Fm 51 , Paradise, TX 76073
$3,558,883
Est. Payment: $18,322.68/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 34
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House Description

The Lewis Ranch is a rare legacy property, offered for sale for the first time in over 100 years, and the kind of property that's becoming harder and harder to find in Wise County. Its proximity to the FM 51 and Highway 114 interchange gives it strong long-term development potential in addition to its ranching and homesite appeal. Whether your plans include running cattle, building a home in the country, raising horses, or simply owning a piece of land the family can enjoy for generations, this ranch is set up to do it all. Seven ponds are scattered across the ranch, while Salt Creek winds through the property, providing dependable water for livestock and wildlife alike, and mature oak trees are spread throughout the landscape, offering shade for cattle during the summer months and beautiful cover for native wildlife. The ranch is well suited for a productive cattle operation with quality fencing and plenty of water, and in addition to the grazing ground, approximately 50 acres of productive tillable acreage provide opportunities for farming or hay production. If building is in your future, you'll have several outstanding homesites to choose from, with rolling pasture, scattered oaks, and views of the ponds creating a beautiful setting for a custom home, plus plenty of room for a shop, barn, horse facilities, or even a roping arena, allowing you to build a place that fits your lifestyle. Accessing the ranch is easy thanks to approximately 1,742 feet of paved road frontage on FM 51. The Lewis Ranch is located in one of North Texas' most desirable areas, offering the space and privacy of country living without giving up the convenience of nearby towns, sitting approximately 10 miles from Decatur and Bridgeport and about 30 miles from the DFW Metroplex, making it an easy drive to shopping, dining, employment, and everyday necessities while still enjoying life in the country.

Highlights

Listed by Phillip Dodd , Arrowhead Land Company , North Texas Real Estate Information Systems

Property Type

Farm/Ranch

Lot/Acreage
263.62

County

Wise

School District

Paradise ISD

Listing ID

21335307

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Acreage,Agricultural,Bottom,Many Trees,Over 100 Acres
Zoning:AG
Principal Interest
$18,323
Taxes
$19

Home Price

$3,558,883

Loan Details

30 yrs
6.674%

Down Payment

20%
$711,777
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$18,322.68

Principal

Taxes

Principal Taxes HOA Total
Monthly $18,322.68 $19.00 $0.00 $18,341.68
Yearly $219,872.10 $228.00 $0.00 $220,100.10
Total $6,596,163.09 $6,840.00 $0.00 $6,603,003.09

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Paradise, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T23:23:04.180Z

© 2026 North Texas Real Estate Information Systems