$3,340,000
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292.05 Acres Lot
SOLD DATE : 05/11/2021
Key Details
Property Type Other Types
Sub Type Farm
Listing Status Sold
Purchase Type For Sale
Subdivision Rains, Joel D & Nash, Francis
MLS Listing ID 428823
Sold Date 05/11/21
Construction Status Resale
HOA Y/N No
Lot Size 292.047 Acres
Acres 292.047
Property Description
This beautiful property has been in the same family for many years and is loaded with a mix of large pecan, oak, eastern cedar, and other native trees.
Wild game is extremely plentiful with an abundance of deer, hogs, dove, ducks, and turkey.
The back of the property has a seasonal creek, Little Alum, running through it. In addition, there is a nice stock tank near the front of the property.
The property is currently being used for a cattle operation but due to its size and location it could be an ideal property for investment or development. The topography is somewhat hilly.
There are a couple old barns as well as an old farm house on the property. The structures do not contribute any significant value and are considered “tear down” structures. Water is provided by a rural water system.
It is situated roughly center of Lockhart, Bastrop and Austin, and is only 15 miles from the 130 Toll Road and 14 miles from Circuit of The Americas.
The property has approximately 750’ of road frontage on High Grove Road which is a well maintained asphalt road.
Current ownership of this property is shared by two owners. They have indicated and believe that together they own 100% of the mineral rights of which are shared 50% each. One of the owners has elected to convey the entire 50% ownership to the buyer with the other electing to only convey 40% of the 50% ownership (retaining 60%). Pricing based on a recent appraisal.
Location
State TX
County Bastrop
Zoning Agriculture
Interior
Fireplace No
Exterior
Fence Gate, Perimeter
Pool None
Community Features None
Utilities Available Above Ground Utilities, Electricity Available
Waterfront Description Water Access
View Y/N Yes
Water Access Desc Community/Coop
View Pond, Trees/Woods
Building
Lot Description Flood Zone, Horse Property, Mature Trees, Outside City Limits, Ranch
Sewer None
Water Community/Coop
Additional Building None
Construction Status Resale
Schools
School District Bastrop Isd
Others
Tax ID 36392 & 44964
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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