106 Acres

   

   

   

 

ACRES:   106.022 acres.  Property was last surveyed March 7, 2008. 

LOCATION:    Approximately 8 miles west of Hondo and north of D’Hanis.  Accessed by traveling west from Hondo to D’Hanis, then north (right) on FM 1796 approximately 2/10 of a mile then west (left) on CR 427 for approximately 3/10 of a mile.  Property is situated on the south (left) side of CR 427.  All in Medina County, Texas.  

PRICE:     $3,800.00 per surveyed acre or $402,883.60 total.  

TERMS:   Cash to Seller and/or third party financing.  Broker can assist in obtaining third party financing.   

MINERALS:    Seller is believed to own 100% minerals and will convey all owned.  Exact mineral conveyance to be determined at time of new title commitment. 

TAXES:    1 acre with home (493 CR 427) – approximately $90.06  (2007);  1 acre with home (489 CR 427) – approximately $144.18  (2007)                         Remainder is under Agriculture Exemption at approximately $400.00 per yr. 

WATER:  West Medina Water furnishes the homes.  There are two older water wells on the property in poor condition.  One well would irrigate approximately fifteen (15) acres and the other well was used strictly for drinking at one time.  The wells will need considerable work for any kind of production.  There is approximately 1,580 feet of the seasonal Seco Creek that forms the western boundary of this property.  It is up to the Buyer to determine the productivity and potability of the two wells.  

TERRAIN:    The topography varies from nearly level to gently rolling.  The majority of  the property is tillable field land that is currently being used as an oat field, but could also be planted in permanent grass or seed bearing plants for doves.  The remainder of the property, approximately 20 acres, consists of native grasses, Pecan trees as well as some mesquites.   

IMPROVEMENTS:        There are two older homes on the property, one being approximately 1,660 sq. ft. and the other being approximately 1,336 sq. ft.  Both homes are livable but are in need of significant repair and are both currently being rented. 

REMARKS:   This property is in close proximity to D’Hanis and Hondo while only forty minutes from Uvalde or San Antonio.  The property is a well known area for dove hunting and there is a potential site for a tank as well as the seasonal Seco Creek.  Fences are in fair to poor condition and the majority of the property appears to lie within the F.E.M.A. 100-year flood Zone A.