151.94 Acres in Giddings, TX - $1,311,000

UTILITIES Lincoln Water Supply and Bluebonnet Electric Cooperative provide the water and electricity to the house on the property. The house is also plumbed to a private septic tank. Three additional hookups for water, electricity, and septic are located near the existing ranch house at the front of the property.

IMPROVEMENTS There is a homely 1,000 SF ranch house on the property. The dwelling was built circa 1996 and has 2 bedrooms, 1.5 baths, two 220V window units (heat and A/C), and one 110V window unit (A/C only). The house will come furnished with a washer and dryer, refrigerator, beds, couches, tables, television, etc. A front and back porch serve as perfect venues to watch the glorious Lee county sunrises and sunsets. Behind the house stands a ~192 SF shed with a covered entry and double door loading dock.

The property has ~0.84 miles of frontage along CR 326 and ~0.77 miles of frontage along Pvt Rd 3264. The perimeter of the property is entirely fenced with barbed wire. The fence along the eastern boundary (abutting CR 326) was put in during the summer of 2018 while the fence along the northern boundary is brand new (winter of 2019). The property is cross fenced and is currently leased for grazing and hay production. In the central portion of the property lies a ~48.5-acre field (coastal Bermuda) that the owners once used to grow peanuts, but now is used for hay production (production of 100-150 round bales per year). In the northern portion of the property lies a ~46-acre field that the rancher uses for grazing. Working pens are situated on the eastern part of the property by CR 326.

Two ponds dot the property and provide ample water for wildlife, livestock, and irrigation purposes. The ~3.75-acre pond to the southwest of the property is fed by three wells and is stocked with bass and grass carp, while the ~1.6-acre tank to the northeast of the property is fed by surface runoff. An irrigation shed stands to the east of the larger pond and houses a large irrigation hose wheel and diesel engine.

LAND PROFILE Wildlife on the farm includes: whitetail deer, fallow deer, coyote, and jackrabbits. The farm is situated in a region that receives an average rainfall of 36.65 inches per year. Elevation on the property varies from 407 ft. to 482 ft. above sea level. Approximately 62 acres of Gasil loamy fine sand with 1-5% slopes dot the northwestern portion of the property, which is suitable for intense grazing and moderate cultivation. The northeastern part of the property consists of ~13.2 acres of Crockett fine sandy loam soils with 1-5% slopes while the central part of the property consists of Rader and Spiller fine sandy loam soils with 1-5% slopes. Underneath the cattle pens on the eastern portion of the property (along CR 326) sit ~6.6 acres of Benchley clay loam soil fit for intense grazing and cultivation. The house and ~20.3 acres sit on Kurten very gravelly fine sandy loam soils with 1-5% slopes.

ZONING & RESTRICTIONS The property is located in a rural, unincorporated area of Lee County which is without zoning. There are no deed restrictions associated with the property.

TAXES Taxes for 2019 totaled approximately $1,640. The entirety of the property is currently Ag-exempt under the 1-d-1 open space appraisal valuation method.

MINERAL RIGHTS Negotiable. Contact listing agent(s) for more details.

FINANCING Conventional financing, cash, Texas Veterans Land Program, and other options are available. Contact the listing agent(s) for more details.

SHOWINGS Please contact one of the listing agents, Matt Heytens, Patty O'Rourke, or Tom O'Rourke, to schedule a showing. Please be prepared to provide proof of funds. Buyer's agent must be identified upon first contact and present at all showings for participation in full fee structure. If these conditions are not met, fee participation will be at the sole discretion of the listing agents.

DISCLAIMER The listing agents have made an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction.