261.1 Acres in Smithville, TX - $11,745,000

Colorado River Ranch

Executive Summary

Located ~ 2.5 miles northwest of Smithville, Texas, with approximately 2,000 feet of prime Highway 71 frontage and 2,300 feet along the banks of the Colorado River, Capital Ranch sales is proud to present the +/- 261 acre Colorado River Ranch. Currently used as a recreational hunting and cattle ranch, the land is located in the Smithville ETJ. It is unrestricted, level, and rectangular in shape offering close proximity to Austin while being well positioned for both future residential and commercial development. Built in 2015, the ranch is complete with a 3B/3.5B 2,400 barndominium style home which includes an attached workshop. Two strong water wells, quality fencing, improved pasture, multiple barns, and mature hardwoods make the Colorado River Ranch a must see for any developer, land banker, recreational buyer, ag use buyer or acreage homesite buyer.

Improvemen...

Improvements:

Located in the center of the property, the ranch boasts a 2,400 sq ft barndominium style home complete with a total of 3 bedrooms and 3.5 bathrooms as well as a covered back porch offering great south facing views of the ranch. The main area consists of a 2B/2B open floor plan featuring stained concrete flooring, granite countertops and an office. Located on the east side of the home, and detached for added privacy, is an efficiency suite complete with 1B/1B providing guests the perfect accommodations for overnight stays. Connected to the main home via a covered breezeway is a slab on grade workshop which includes a 8ft X 20ft roll up door, 4 individual office/storage rooms and is complete with a half bath. Rounding out the Colorado River Ranchs vertical improvements are 2 detached equipment barns west of the home, as well as a hay barn located on the north end of the ranch, all of which are in good condition.

Land

With over 38 inches of average annual rainfall in Smithville, Texas and 50 feet of elevation change throughout the ranch, the Colorado River Ranch

provides a lush and gentle rolling landscape consisting of a nice combination of both pastureland and wooded river bottom. Cross fenced into 13 different pastures with a set of cattle pens in place, water running strategically throughout the ranch, and both improved and native grasses, the ranch provides the opportunity to run a nice cattle operation. With 3 plumped stub-outs for irrigation reels the ranch consistency produces an abundance of grass and allows for great hay yields year after year. A highlight of the ranch is the variety of mature hardwood species most notable of which are beautiful oaks and pecans adding to the ranch's aesthetic appeal, as well as providing ample cover to livestock and wildlife. The Colorado River Ranch has a great interior road system making it easy to navigate the ranch in its entirety in a truck and is free of any oil/gas related infrastructure or traffic.

Recreational Attributes

Situated along the banks of the Colorado River, the ranch is an outdoor enthusiast's dream that checks all the boxes for a buyer who values recreational use. Consisting of a nice mixture of pasture and densely wooded river bottom. The hunting opportunities on the ranch consist of whitetail deer, turkey, feral hogs, dove, duck, and various varmint species. With roughly 2,300 feet of prime Colorado River frontage, and complementing the hunting nicely, are the various recreational components the ranch carries as it pertains to water activities. Whether its boating, fishing for bass or catfish, or relaxing on the sandy beach style island, the Colorado River Ranch is sure to appeal to all water enthusiasts.

Development/ Infrastructure:

- Located in the ETJ of Smithville

- Unrestricted

- .4 miles west of Smithville Airport

- 4" sewer line located at the Smithville Airport

- 8" Aqua water line located approximately .2 miles west of property boundary

- 3 phase BlueBonnet Electric located along the highway

- 138KV High Voltage Oncor Electric Delivery transmission line located mile south of the property boundary

- Keller Farms, a new residential development, located .2 miles west of property boundary

Current Utilities:

Water: 2 Water Wells

Electric: Bluebonnet Electric

Sewer: Septic on site

School District: Smithville ISD

Estimated Taxes with Exemptions : $6,193.16

Attached Documents

--Survey

-City Maps

-Water well log

- 3D home video

-Home floorplan

NOTE: This write-up may contain errors and omissions and is for information only. The above information has been deemed correct but is not guaranteed and is subject to changes, corrections, and or withdraws from the market with no prior notice. Buyer's Agent must make first contact and be present for all showings to be eligible for buyer's commission.