Property Profile:
LOCATION: This fabulous parcel is located 10 miles from downtown Austin on Old San Antonio Road in an area consisting of small farmsteads, rural developments, and, to the east, master planned developments on I-35. Access to the Interstate is easy to go north or south, yet the site itself is tucked away in a protected cranny that few passers-by are even aware of, being shielded from the road by forests and cliffs. The only neighbor that can be easily seen is a nice, scenic farmstead to the south, and even then only from the boundary area.
GENERAL: Cypress-lined, strong flowing Onion Creek bisects and borders the property for over ½ mile, offering babbling shoals, deeper holes (up to 4 feet), unusual rock formations and grassy creekside berms. The prized creek is at its best along this stretch, and the water is clear, cold and brimming with bass and perch. Floating, wading and rock skipping are favored activities under the lazy, overhanging cypress, oak and elm canopies. There is not to be found any better private live water this close to downtown Austin. Period.
The land itself is all deep soil bottomland with giant oaks and elms scattered about on two levels, the lower of which is mostly 100 year flood plain. Native grasses flourish, and there is a 10 acre horse pasture lined by a split rail fence. Deer and turkey are common sites, and some brushy areas have been set aside as wildife habitat.
A lake of about 1.5 acres is being deepened and lined by the current owner, and paved road improvements to access a spectacular homesite on a knoll overlooking the creek bottom have been completed. A small spring creates a grotto near the road, adding interest. Much of the land has been cleared of underbrush, creating a park-like look that radiates class.
Improvements include two Edwards water wells of about 435’ depth, which have been grandfathered for pumping, and three phase power is present on the site.
This site is definitely one for a high-level commuter estate or retreat, with investment potential rated as high due to location. It is exceedingly rare for one to find such privacy coupled with big time flowing water within minutes of the State Capitol. He who hesitates will be lost.
FINANCIAL: Asking $1,950,000, cash to seller, who will provide current survey and basic title insurance on 55 acres at a minimum. Seller is in process of acquiring marketable title to a 3 acre strip along the road, and current status of that will be shared with interested purchasers. The estimated 2007 property tax is $342.59. The ranch is classified as 1-D-1 wildlife, and the school district is Austin ISD. The information contained herein is deemed reliable, but cannot be warranted by Broker or Seller, and is subject to change, errors and/or omissions, prior sale and withdrawal from market. Buyers are urged to verify representations on their own, and draw their own conclusions about the usefulness and value of the property for a given purpose. SHOWN BY APPOINTMENT ONLY – DO NOT TRESPASS.
Buyer’s brokers must be identified on first contact, and must accompany buying prospect on first showing to be allowed full fee participation. If this condition is not met, fee participation will be at sole discretion of LANDTX, David E. Culver, broker.
Closest City:
Austin
Price:
$1,950,000
Price Per acre:
$35,454
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Property Presented By:
David Culver - Broker
Office: 830-997-8616
405 W. Live Oak
Fredericksburg, Texas, 78624
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