77.66 Acres in Morgan, TX - $660,110

Terrain/Topography: The land offers some great rolling topography with approximately 70' of elevation change. There are numerous high points that would make ideal building locations where you could take in scenic views of the property and surrounding area. The south portions of the ranch offer rough and rugged terrain while the majority of the north portions offer deeper fertile creek bottom soils. The tree cover found on the ranch consists of live oak, red oak, elm, pecan, hackberry, bumelia, sumac, cedar, mesquite, and various other species.

Water Features: The ranch features 2 stock ponds that provide water for livestock and wildlife, and Steele Creek is only steps away. There's also one water well on the property that was drilled in 2018. Lake Whitney is just minutes away and is known as one of the most scenic recreational lakes in the state of Texas, with deep clear water surrounded by limestone cliffs. The lake covers 23,500 surface acres and is a noted fishery for striped bass, largemouth bass, sand bass, crappie, and catfish. Other activities include recreational watercraft, skiing, swimming, scuba diving, and duck hunting in the fall and winter months. Two boat ramps are located nearby within 5 minutes ranch.

Steele Creek Access: Access to nearby Steele Creek may be granted through a relatively simple permitting process with the U. S. Army Corps of Engineers. This permit would provide the land owner access to the creek by way of walking path crossing government land.

Wildlife & Hunting: The property offers excellent wildlife habitat with a great mix of heavily wooded acreage and open areas that are ideal for establishing wildlife food plots. The ranch also benefits from being surrounded on three sides by U.S. Army Corps of Engineers land associated with Lake Whitney and portions of Steele Creek. These areas are relatively untouched and hold even more wildlife that frequent the ranch.

Roads/Fences: An improved all-weather ranch road provides entry from FM 56 into the heart of the property. Creating a unique ranch road/trail, the rail bed of the old MKT railroad runs through and along the south boundary of the property. The old rail road bridge abutments and columns where the rail line once crossed Steele Creek are still in place on the neighboring Army Corps of Engineers land. The property drives bigger than the acreage and has a great feel with numerous pasture roads and trails providing good travel throughout. Fences appear to hold livestock and range in condition from excellent to fair with new fence all along the north part of the property.

Barns: Currently there are two barns on the property that are both approximately 800 sq. ft. in size. One is on a concrete foundation with a roll-up door on one end and standard walk-thru door on another side. The other barn is dirt floor and has 3 roll-up doors. Each provide great storage for tractors, atv's, utility vehicles & trailers, hunting & fishing gear, feed, tools and other ranch must haves. The water well is located on the northeast end of one of these barns along with a water storage tank.

Minerals: Owner will consider conveying some minerals with an acceptable offer. Buyer will assume responsibility and expenses associated with a mineral ownership report if one is desired.

Utilities: United Cooperative Services provides electrical service to the property.

School District: The property is located in the Kopperl Independent School District.

Taxes: The property is currently under ag. exemption and the annual property taxes for 2021 are estimated to be around $425.

Asking Price: $660,110 ($8,500 per acre)

Contact:

Bret Polk, Agent - 254-965-0349

Chance Turner, Agent - 972-765-7326

Broker Commission Disclosure:Buyer's Agent/ Broker must be identified upon first contact with Listing Broker/ Listing Agent and Buyer's Agent/ Broker must be present at the initial property tour in order to participate in the real estate commission. Commission splits will be at the sole discretion of Hortenstine Ranch Company, LLC.