$6,995,000
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365 Acres Lot
SOLD DATE : 05/15/2023
Key Details
Property Type Commercial
Sub Type Ranch
Listing Status Sold
Purchase Type For Sale
Subdivision Glasgow Mlwilliams
MLS Listing ID 2859795
Sold Date 05/15/23
Originating Board actris
Year Built 1941
Annual Tax Amount $856
Tax Year 2022
Lot Size 365.000 Acres
Property Description
The Hughes Ranch checks the box for a myriad of buyers. Located in an opportunity zone, it is currently used as a cattle ranch to raise premium show stock. The ranch boasts improved pastures, multiple cross fences, working pens and ample water. Of the 365 fully fenced acres, approximately 70 of those are wooded, creating a perfect habitat for wildlife. The 8 ponds scattered throughout the property create a paradise for waterfowl. There are numerous draws on the property that would allow the new owner to build a beautiful lake if desired. Coincidentally, there are only 3 acres laying in the floodplain.
The development potential on this property should also be noted. Located just 15 minutes South of Bastrop on HWY 304 and 40 minutes from Austin Bergstrom Airport. The ranch has 3,600’ of frontage on HWY 304 and 1,110’ of frontage on Waneck Ln. Aqua water has a 4”, 6” and 18” line running the length of the ranch along 304. Water feasibility study completed. Bluebonnet electric is in place at multiple spots on the ranch as well.
The property is AG exempt and will be available with no restrictions.
Location
State TX
County Bastrop
Interior
Fireplace N
Exterior
Utilities Available Above Ground, Electricity Available, Electricity Connected, Water Available, Water Connected
View City, Pasture, Pond
Building
Water Public
New Construction No
Others
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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