Rare opportunity to own 25.110 acres featuring Magee Airport (FAA Identifier 42TX), an established FAA-registered private airport with a 2,500-foot north-south turf runway. This exceptionally level and usable property offers outstanding potential for the development of a small residential airpark community, private aviation estate, hobby farm, or recreational retreat. Conveniently located near Greenville, northeast of the Dallas-Fort Worth Metroplex, the property features approximately 2,300 feet of frontage along FM 512, providing excellent access and flexibility for future development. Existing improvements include an older 1,600-square-foot, 3-bedroom, 2-bath residence with a solar electric system and a spacious 35 x 80 aircraft hangar or workshop offering approximately 2,800 square feet of enclosed space. The home has been vacant for approximately two years and has some deferred maintenance, offering an opportunity for renovation and updating. The level topography, generous road frontage, established runway, and existing improvements make this property particularly attractive for buyers interested in creating a small aviation community with individual homesites and hangars, subject to applicable development approvals. Whether your vision includes developing a boutique residential airpark, establishing a private flying retreat, or enjoying the freedom of a spacious Texas hobby farm, this unique property offers an exceptional combination of acreage, aviation infrastructure, and future possibilities. 23.5 acres is also available for sale without the house.
| Listing Id: | 21431345 |
|---|---|
| List Price: | $699,000 |
| Property Type: | Residential |
| Property Sub Type: | Farm/Ranch |
| Status: | Active |
| Bedrooms Total: | 3 |
| Bathrooms Full: | 2 |
| Living Area: | 1,636 |
| Unexempt Taxes: | $3,053 |
| Lot Size Square Feet: | 1,093,791.6000 |
| Lot Size Acres: | 25.11 |
| Architectural Style: | Traditional |
| Waterfront?: | No |
| City: | Wolfe City |
| County Or Parish: | Hunt |
| Subdivision Name: | Wilson Jason |
| Postal Code: | 75496 |
| Year Built: | 1975 |
| Accessibility Features Yn: | No |
| Appliances: | Dishwasher,Electric Cooktop,Electric Oven |
| Association Type: | None |
| Attached Garage?: | Yes |
| Basement Yn: | No |
| Bathrooms Total Decimal: | 2.00 |
| Bathrooms Total Integer: | 2 |
| Carport Spaces: | 2 |
| Community Features: | Airport/Runway |
| Construction Materials: | Brick |
| Cooling: | Ceiling Fan(s), Central Air, Electric |
| Covered Spaces: | 4 |
| Current Use: | Agricultural |
| Directions: | Please use a GPS for the most accurate driving directions. |
| Easements: | Utilities, Other |
| Elementary School: | Wolfecity |
| Elementary School Name: | Wolfecity |
| Exterior Features: | Private Landing Strip, RV/Boat Parking |
| Fireplace Features: | Blower Fan, Insert, Wood Burning |
| Fireplaces Total: | 1 |
| Flooring: | Laminate |
| Foundation Details: | Concrete Perimeter, Pillar/Post/Pier |
| Garage Spaces: | 2 |
| Garage?: | Yes |
| Heating: | Central, Electric |
| High School Name: | Wolfecity |
| Horse Permitted Yn: | Yes |
| Interior Features: | Eat-in Kitchen |
| Levels: | One |
| Listing Terms: | 1031 Exchange, Cash, Conventional, Texas Vet |
| Room Count: | 2 |
| Lot Features: | Agricultural, Airstrip, Taxi-way |
| Lot Size: | 10 to < 50 Acres |
| Lot Size Area: | 25.1100 |
| Lot Size Units: | Acres |
| Middle School Name: | Wolfecity |
| Multi Parcel ID: | Yes |
| Municipal Utility District?: | No |
| Number Of Dining Areas: | 1 |
| Number Of Living Areas: | 1 |
| Number Of Parking Spaces: | 2 |
| Other Structures: | Airplane Hangar, Barn(s), Garage(s), Private Hangar, RV/Boat Storage |
| Parking Features: | Driveway, RV Access/Parking |
| Patio And Porch Features: | Covered |
| Pool?: | No |
| Possession: | Closing/Funding |
| Postal Code Plus 4: | 2498 |
| Property Attached?: | No |
| Restrictions: | No Restrictions |
| Roof: | Composition |
| School District: | Wolfe City ISD |
| Smart Home Features Appor Pass Y: | 0 |
| Soil Type: | Unknown |
| Structural Style: | Single Detached |
| Transaction Type: | For Sale |
| Utilities: | Electricity Connected, Individual Water Meter, Outside City Limits, Rural Water District, Septic, No City Services |
| Vegetation: | Grassed, Partially Wooded |
| Will Subdivide: | No |
Listing Courtesy of: AirSpace
Listing Agent: Steven Bloomquist
682-225-3262
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North Texas Real Estate Information Systems, Inc. data last updated on November 09, 2026 11:00 AM - CT
Property Last Updated: November 09, 2026 11:00 AM - CT
