Property Profile:
Take a look at this ideal ranch retreat tucked in the trees and Hills of Bastrop County away from the Busy City Life! Its only a short 15 Miles from the proposed Formula 1 Racetrack. This 137 acre partially fenced ranch includes 5 (Five) oil wells - at least 3 are capable of production, a 2 story home/workshop, barns, many wet weather creeks, loads of trees, a 3/4 acre tank stocked with catfish and bass, and fenced cattle pastures. Located only 6 miles from U.S. 21.
Terrain:
The property is about 50% open with pastures and 50% heavily treed and rolling with washes and canyons.
Location:
Off Fm 812 about 15 miles from the proposed Formula 1 Racetrack in Elroy. Close to US 183 and TX 21 and Austin Bergstrom International Airport
Closest City:
Lockhart
Access:
County Road dead ends at property. Appointment with agent.
Trees:
The ranch ranges from light on the east to heavily wooded on the west.
Cover:
The western part of the ranch is heavily wooded
Wildlife:
Wild Turkey, Deer
Hunting:
Deer and turkey
Utilities:
Septic. Polona Water, Bluebonnet Electric
Fencing:
About 50% to 75% barb wire
Water:
Polona Water, large tank, wet weather creeks
Home Features:
This Custom home of approximately 1,152 square feet features two (2) bedrooms, two (2) baths, one (1) living, utility room, and kitchen breakfast area all on the 2nd floor over the four (4) bay garage workshop.
Improvements:
There is a cattle/hay barn along with corrals and chutes. Numerous sheds/workshop areas near the ranch headquarters.
Amenities:
3/4 acre tank stocked with catfish and bass.
Minerals:
Oil & Mineral rights: 100% to be conveyed. (This will be confirmed by Title Co.).
Grasses:
About 25-35 acres recently sprigged with coastal. There is also native blue stem, bluebonnets, and other native grasses on the ranch.
Property Frontage:
None. County road ends at ranch gate
Easements:
None noted
Taxes:
About $3,000
Soil:
Sandy loam
Leases:
None
Financing/Terms:
Cash, conventional, possible owner finance
Ranching:
Cattle, oil production (3 producing wells), recreational.
Acceptable Use:
Family Retreat, Ranching, etc.
Restrictions:
TBD
Remarks:
Oil Field Information:
The owner holds 100% of the mineral rights. The Tank Battery consists of one (1) Oil Barrel, one (1) Water Barrel, and one (1) Gun Barrel (separates the oil from the water). There are 5 pump jacks mounted at 5 well locations - one well recently capped.. Three wells were drilled in the 30's and the other three in the 80's. 3 wells have been producing. Production records are available from the Texas Railroad Commission website. The owner has had some health issues and has not be able to maintain the wells as he would like
Price:
$950,000
Price Per acre:
$6,930
|
Property Presented By:
Texas Lone Star Realty
Singletary Tary H. Snyder - Broker
Office: 512-892-6800
Home: 512-894-3582
Cell: 512-892-6800
1015 North Sunset Canyon Drive
Dripping Springs, Texas, 78620
|
|
|
