140 Acres

   

   

   

   

   

   

   

 

ACRES:     140.48 acres, more or less. 

LOCATION:   Strategically located approximately 8.5 miles W of Loop 1604 on Potranco Rd. (FM 1957); 4.5 miles W of Hwy. 211 and 1.5 miles E of FM 471.  The property is in the path of the fast growing W-NW quadrant of San Antonio, all in Medina County, Texas.  

PRICE:   $15,000.00 per surveyed acre or $2,107,200.00 total. 

TERMS:  Cash to Seller or third party financing.   

ZONING:    Medina County; outside San Antonio city limits and their ETJ.  Zoning does not apply. 

SCHOOLS:   Property is located in the Medina Valley ISD.  There is a new elementary school at Potranco and CR 381 near the subject property. 

TAXES:    Current Agricultural Exemption – 2007 taxes were approximately $192.23. 

MINERALS:     All minerals owned by Seller shall be conveyed to Buyer.  It is believed to be 100%.  Exact conveyance to be determined by new title commitment. 

UTILITIES:     One domestic/livestock well with electric submersible pump and concrete storage tank, believed to be Edwards Aquifer.  There is also a concrete water trough for livestock and wildlife.  Electric and telephone lines are along Potranco Road.  Electric service is currently available at the water well located approximately at the center of the ranch.  The property lies within the service districts of Medina Electric Cooperative and Yancey Water Supply Corporation.  New Yancey water mains have been extended along Potranco Road on the south side within approximately 2,500 ft. of subject property.  It is Buyer’s responsibility to inquire about cost and availability of these services. 

DESCRIPTION:    This property has approximately 1,880 ft. of frontage along Potranco Road (FM 1957).  The terrain is gentle to rolling with pretty views to the south and west toward the scenic Medina River Valley.  Elevations vary from approximately 900’ to 980’.  Timber consists of beautiful live oaks, elm, mountain laurel, persimmon, hackberry, and others.  Lush native grass cover and diverse browse consisting of brasil, prickly pear, acacia, and more.  Improvements include a small set of livestock pens, concrete water storage tank, water trough, and cross fenced into two separate pastures.  Property appears to lie outside the 100-year flood boundary.  

COMMENTS:   Close proximity to San Antonio, on Potranco Road, in a fast growing west-northwest quadrant  of San Antonio make this beautiful oak covered ranch a great investment or development opportunity.  You have the added bonus of recreational use of this property for hunting and ranching if you hold they property or to improve for your private ranch estate.