General Overview:

The property has level to sloping topography. There are multiple ponds on the property that have held water, even through the drought. The owner indicated that the larger pond has never gone dry when others in the area have been dry. It has a good mix of brush and cleared areas and there is an abundance of wildlife. Vegetation includes native grasses, mesquite, and other plants that are typically native to the subject’s area. The property retains its agriculture exemptions. Total taxes for 2023 are $461.52.

Location:

GPS Coordinates: 31.641988, -99.530561

From Valera, TX, go south on FM 503, take a left on CR 342, then a left on CR 348. Follow CR 348 for 1.40 miles and the gate will be on the left. The property is located 15 miles from the spillway at O.H. Ivie Dam and Colorado River, so it is conveniently located to one of the best fishing lakes in the state.

Improvements:

There is a 50x40 barn on the property used for storage. It has electrical and fiber going to the building. The barn was built in 2002 and is in average condition.

Roads:

There are blacktop roads to CR 342 where it turns into caliche roads, but they are in good condition.

Wildlife & Hunting:

There are abundant dove, hogs, whitetail, as well as varmints typical for the area.

Leases & Easements:

There are no active hunting or grazing leases for the property. There also does not appear to be any oil and gas leases.

Minerals:

No owned minerals.

Financial Info:

This property is being offered for sale via cash or conventional.

Comments:

Must make contact with Sterling D. Fryar, MAI (call/text/email) prior to any showings. Buyer must provide proof of funds or pre-approval prior to showing. Listing agent may request to be present at showings.

Buyers Agent must be identified and present at first and all showings to participate in commission agreement(s). If this condition is not met, it will be the sole discretion of the listing broker.

Boundaries are approximate and are subject to a formal survey/plat.

Disclaimer:

The information contained herein has been gathered from sources deemed reliable; however, Keller Williams Realty, Sterling Property Group, LLC, 2185 Properties, LLC and its principals, members, officers, associates, agents and employees cannot guarantee the accuracy of such information. The information contained herein is subject to changes, errors, omissions, prior sale, withdrawal of property from the market without prior notice, and approval of purchase by owner. Prospective buyers should verify all information to their satisfaction. No representation is made as to the possible value of this investment or type of use, and prospective buyers are urged to consult with their tax and legal advisors before making a final determination.

Real Estate buyers are hereby notified that real properties and its rights and amenities in the States of Texas are subject to many forces and impacts whether natural, those caused by man, or otherwise; including, but not limited to, drought or other weather related events, disease (e.g. Oak Wilt or Anthrax), invasive species, illegal trespassing, previous owner actions, neighbor actions and government actions. Prospective buyers of Texas real estate should investigate any concerns regarding a specific real property to their satisfaction.

When buying investment property, the buyers agent, if applicable, must be identified on first contact and must be present at initial showing of the property listing to the prospective real estate investor to participate in real estate commission. If this condition is not met, fee participation will be at sole discretion of Keller Williams Realty.