Property Description
HUGE PRICE REDUCTION! A GREAT BUY!!!
PROPERTY TAXES: 2011 taxes: $1,731.30
MINERAL INTERESTS: 100% are owned by the seller and will convey to the buyer.
PRICE: $2,250.00 per acre Total price: $318,622.50
TERMS: Cash or Third Party Financing
DESCRIPTION:
This very versatile ranch is just waiting for the right person to come along and extract its full potential. Located just over a mile from the city limits of Goldthwaite with frontage on Hwy 16 and Hwy 84, the ranch offers many possible uses. It could be manicured into a real show place or develop it for smaller ranchettes and home sites. The ranch consists of gently rolling hills and valleys with views in every direction. There are two (2) large stock tanks that are maintained from the flow of a couple of seasonal streams. There is good tree cover throughout the ranch with many ancient Live Oak trees and thickets of smaller Live Oaks, Elm, Shin Oak, Mesquite and brush. The ranch has about 25 acres of Coastal Bermuda grass in one area; about 30 acres of Kleingrass in various areas, and a good turf of native grasses cover the rest of it. The combination of water, food and shelter provides the ideal habitat for the many Whitetail deer that are seen just about any time of the day. Most of the fencing is in good condition, but there are some areas that will need to be repaired or replaced.
There are two houses, a set of metal working pens, an old barn and an enclosed 30 x 53 metal shop building. Another large structure with a concrete slab is partially completed and is plumbed for a bathroom with a septic tank. It could be finished out as a guest quarters or another shop with storage. The houses seem to be structurally sound and in fair condition. With an investment of time, effort and money, they could be restored to full use once again.
A strong water well provides water to both houses and watering troughs for the livestock. The well is 311 ft. deep with a static water level at 113 ft. We dont know the gpm production of the well, but it is reported to be very good.
The owners have a good bit of personal property in the houses and barns and there is still some needed cleaning to be done. The personal property will be removed and much of the cleaning will be done by the seller after closing. Most of the clutter is in the houses and barn area, so when you come to see the ranch, try to look beyond it and see the true beauty of the ranch. This is one of those ranches that has so many possible uses, it will take a while to decide which one you will want to choose.
THIS PROPERTY IS SUBJECT TO PRIOR SALE, CHANGE IN PRICE, OR REMOVAL FROM THE MARKET WITHOUT NOTICE. ALL INFORMATION IS DEEMED TO BE TRUE & CORRECT TO THE BEST OF OUR KNOWLEDGE AND FROM RELIABLE SOURCES. PROPERTY TAXES ARE SUBJECT TO CHANGE ANNUALLY. GENE STEWART REAL ESTATE WILL NOT BE HELD LIABLE FOR ANY CHANGES OR DISCREPANCIES.
