278 Acres in Gustine, TX - $1,450,000
A great place to ride the 4 wheelers or the ranger through the pecan trees...
Located in Central Texas between Comanche and Hamilton just about 100 miles S/W of Ft. Worth this is a very scenic place and produces income at the same time. A great recreational place for the entire family.
This place has a carrying capacity of 80 mother cows if you want to run your own cattle and not lease the grazing out to a another party. Water rights (40 acre feet) on the Leon River will allow for irrigation if needed.
The beautiful live oak and pecan trees are a tranquil setting for both man and beast and even on a warm day there are cool breezes through the trees.
There are an abundance of wildlife including deer, turkey and feral hogs that travel up and down almost two miles of the Leon River and the South Leon River.
The Leon River bottom is the setting for over 2000 native pecan trees produc...
The Leon River bottom is the setting for over 2000 native pecan trees producing on average 100,000 lbs. per year. This is a good source of income for the owner.
With over 200 acres of good grasses, leasing out the grazing for livestock can also produce income in the $5000 to $6000 range. With a carrying capacity of 80 cows/calves the owner may decide to manage his own cow herd. A good set of working pens including a round tub and chute will make working cattle easy.
Almost 80 acres of cultivation and the fertile soil will provide additional grazing or hay for winter feeding. 40 acre feet of water rights on the Leon River could be used for irrigation.
On a hill is a vintage 1902 home that is being renovated for owners use when visiting the property. Extensive remodeling includes new windows, flooring, kitchen cabinets, a new bath area, paint and a lot more. While not designed to be a permanent residence for the discriminating owner, it will enhance the appeal to the lady of the house for weekend visits.
The existing loan is assumable with Ag Texas Farm Credit. Details to qualified buyers if needed. A proforma income statement can be supplied upon request. This property will produce money to offset some of the mortgage payments.
The advantages of ownership in this property are numerous. If you are looking for a scenic place, wildlife enjoyment or an investment, please call us for appointment today.
Broker's are welcome.
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