140 Acres

ACREAGE:    140 acres, more or less, to be surveyed prior to closing. 

LOCATION:     Located approximately ¼ mile west of the City of Castroville, across from the Alsace Hotel and State Roadside Park on the South side of Hwy. 90.  The BMA Canal acts as the eastern boundary and the property also joins the Castroville Regional Park. 

PRICE:    $15,000.00 per surveyed acre or $2,100,000.00. 

TERMS:    Cash to Seller or third party financing.  Seller shall have the right to enter into an IRC Section 1031 Tax Deferred Exchange. 

LEGAL:     Being 140 acres, more or less and consisting of 106.37 acres, more or less, being all out of Survey No. 179, Nepomucino Flores, Abstract No. 1888; and 35 acres, more or less, out of Survey No. 179, Nepomucino Flores, Abstract No. 1888, all in Medina County, Texas.  

MINERALS:    Seller is believed to own 100% mineral, royalty and executive rights and will convey all owned.  Exact conveyance to be more fully determined at time of new title commitment. 

WATER:    Water is available from the East Medina Water System. 

TIMBER:    Large live oak, mesquite and others native to the area with the southern portion of property consisting of primarily open field land. 

IMPROVEMENTS:  Property is perimeter fenced and cross-fenced, Hwy. 90 frontage, located in a very convenient area of Medina County with close proximity to San Antonio and keeping the small town atmosphere!