It’s time to bid on a rare luxury real estate opportunity! This expansive estate offers over 9,700 square feet of living space, featuring 6 bedrooms, 6 full bathrooms, and 2 powder rooms, all situated on 30 beautiful acres just outside De Kalb, Texas. With its wide-open pastureland, gently rolling terrain, and ample space for barns or riding arenas, this property offers exceptional equestrian potential—perfect for horse owners or anyone dreaming of a premier country retreat.
Whether you're seeking a private luxury getaway, an investment property, an equestrian estate, or a spacious family residence, this Northeast Texas property delivers unmatched lifestyle potential.
Details:
A Majestic Scholz custom designed Swarthmore Hall mansion estate home awaiting your Escape to country living in style! Wonderful larger home with plenty of room just outside of city limits. Home has the following features: a) 9716 sq. ft. majestic 3 story home b) 6 bedroom suites c) 6 full baths plus 2 powder bathrooms d) Circular Stair Case, All Electric utilities e) 12 ft. ceilings, two chimneys, two wash areas, Elevator, Triple car garage f) Several Chandelier Lights, ceiling fans throughout g) Numerous extras: Pool, Patio, Gazebo, Metal Stable, double water access with both community and private water well, steel pipe fence along two major road boundaries, High Speed Fiber Optics Internet connections and more.
Wholesale Buy Options:
Home estate on 2 acres only $750K (current condition without updates)
Additional 30+acres includes Large Metal Barn on slab with off grid power generator, agriculture land, pasture-hay meadows, pond with fish and creek running through $450K
Fair Market Value estimated @ 1.8MIL ($185 per sq. ft.)
Replacement cost estimated @ 3.5MIL
Last appraisal 2021 for home estate only was 1.2MIL (without new roof)
Home is an 1996 functional designer home discounted accordingly. If updated should be able to push value up so Great EQUITY Potential Upside! Newer roof covered less than 5 years old.
Don’t miss your chance to own a premier equestrian-ready country estate in Texas with possible owner finance (forward details on what you need to make happen)!
Have more pictures and longer video on property available can share upon request. Also can share RE Agent for any escrow needs or BTC to hold.