Creager Davis
Capitol Ranch Real Estate, LLC
106.593 surveyed acres in East Texas with frontage all along County Road 3147 in northern Smith County, offering an excellent combination of pasture, timber, and water. The property features an estimated 60% wooded acreage and 40% improved pasture, making it well-suited for recreational use, livestock, or a future residential estate.
A standout feature is the spring-fed pond measuring approximately 5.5± acres, providing both scenic appeal and functional water for recreation and wildlife. Cleared lake frontage, established pasture lanes, and existing road access enhance the overall usability of the tract.
Two residential structures are present. The primary home offers potential for renovation or updating, while a secondary homesite near the lake includes structures that are likely best suited for removal and redevelopment, allowing a buyer to take full advantage of the lake setting. A shop outbuilding remains usable and provides practical utility for equipment storage or ranch operations.
The property is located within a rural residential and recreational corridor, surrounded by larger landholdings, farms, and homesteads, making it attractive to long-term landholders, recreational buyers, or estate-scale residential purchasers seeking acreage with a water amenity.
Overall, the property is priced primarily on land value, with existing improvements offering functional support rather than driving value—an excellent opportunity to acquire a sizable East Texas tract with water, privacy, and future potential.
Directions: From FM 14, head east on CR 313 E. In about 2 miles, turn left onto CR 3147. In approx. 2.4 miles, property will be on your left, just after a curve to the right.
Creager Davis
Capitol Ranch Real Estate, LLC
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Listed By: Matthew Marshall of Drake Real Estate