16223 Interstate 35 S Present Use: A Cows & Horse & Farm. POTENTIAL USE OF THIS PROPERTY IS WIDE GREAT: A Residential-Commercial-Farm Combination, An Exclusive Seniors Residential Subdivision* A Fine Golf Hotel Resort, A Health Facility*A Site for Large Transportation Corporation, A Nice Country Department Store, etc. **LANDSCAPE IS BEAUTIFUL** The farm is divided in three pastures: The Central and West Pastures are blessed with good Costal Grass, and mostly large old Oak trees and Cedar trees; also abound Mesquite and Retama brushes, which can be removed, to allow the Grass grow in extension. The small Pasture at front looks good with the Costal Grass growing and a Pecan trees orchard spreading towards the North*Also there is one 1.5 Acre "CORRAL" area, where the Barn is located, also one convenient Pavilion for reunions, one small chapel, a kids playground, and a pipe fenced circular Riding Arena**The property has a white pipe fence (almost 800') with two entrance gates at the frontage of IH-35**The SW, West & NW of the perimeter follows the course of TH ELM CREEK (Potential) and is protected with a NEW T-posts/barbed wire fence**Despite FEMA has classified this property under 100 % flood plain, its excellent location and all other mentioned amenities, make this farm a "DIAMOND ON THE ROUGH", ready to became a brilliant transformation, with the right planning work and the right Engineering studies***