262 Acres

   

   

   

   

   

   

 

ACRES:    262.44 acres, more or less.  Seller to furnish land survey with metes and bounds.  Existing survey is approximately two years old. 

LOCATION:    Located approximately 12 miles west of Floresville off Hwy. 97, turn left onto FM 2505, then right onto CR 136, land lying on the south side.  This property has county road frontage on three sides being approximately ¼ mile on FM 2505 to the east; approximately one mile on CR 136 to the north; and approximately one mile on CR 137 to the west, all in Wilson County, Texas.  

PRICE:   $1,600,000.00. 

TERMS:    Cash to Seller or third party financing.  Broker can assist in obtaining third party financing.  Seller shall have the right to enter into a 1031 Tax Deferred Exchange with any and all additional expenses to be the sole responsibility of the Seller. 

MINERALS:     Seller to convey all minerals, royalty and executive rights owned; believed to be 100% and to be more fully determined at time of new title commitment.  A previous owner has retained ½ of the water rights for 25 years if the water is sold (23 years remain).   

WATER:   One Carrizo irrigation well with two pivots (one being approx. one year old) and both in good condition.  A second well, believed to be a Carrizo well, furnishes the home and cattle/livestock watering stations; small tank.    

TIMBER:    Large majestic live oak scattered throughout the property. 

IMPROVEMENTS:   Large two-story living quarters with the bottom floor (living area) consisting of  approximately 2,400 sq. ft.  The second floor can be converted into more living area (currently unfinished).  The living quarters consists of two large bedrooms, two baths, large custom kitchen, numerous his and hers closets, nice office, large living area, spacious covered patio and covered carport.  Property is fenced and crossfenced with cattle lanes, all in excellent condition.  Two sets of all metal pipe cattle corrals, large implement shed, second metal storage building and numerous other amenities.   

REMARKS:    This is a unique cattle or horse ranch with rolling elevations with a prime location near Floresville and San Antonio!  Oil and gas production is also located in the  surrounding area.