No Mans and Cat Claw Pasture

$6,650,000

Property Details

  • County: Lampasas
  • Address: FM 580
  • Zip: 76550
  • Type: Hunting Land, Ranches, Riverfront Property
  • City: Lampasas
  • Price: $6,650,000
  • Acres: 1,750
  • State/Zip: Texas 76550
  • Status: Available

TALB Member:

John Ed Stepan | Broker

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Property Description

Separate Tracts Currently Available

No Mans - 753 Acres at $ 4,500 or $3,388,500

Combined Tract Offerings
No Mans/Catclaw Combined - 1,750 Acres at $3,800 or $6,650,000

Possession: The ranch is currently under lease for grazing and hunting during season.
The term of lease is annually renewed on May 20 each year. Our lease with tenant
has options for transfer or negotiated termination. A satisfactory resolution of
agreement on this lease between tenant and buyer will be a consideration of any
transaction.

Access: Common dedicated access road will be available from FM 580 to access all
tracts that do not have other access. Access road maintenance will be by property
owners association. Maintenance agreement will be drafted on an acreage owned basis
including the tracts served and the HQ Reserve tract.

Surveys: A survey of the tract which includes all of the offered tracts and the Headquarters
reserve was completed by Jerry M. Goodson, RPLS in Sept of 2016. The seller
will furnish tract surveys in conjunction with sale of tracts. All stated acreages are
approximate and would be adjusted on sale.

Well Water: The seller makes no warranty as to the availability of well water. One
main well exists serving several of the available tracts. The main well in Catclaw provides
an opportunity for a community sharing situation as it services the Previous
Sold and No Mans Pastures. Currently water is shared with adjacent tracts that have
been sold. A sharing and distribution agreement will be developed to guarantee delivery
of water for stock in the pastures currently served until such Tracts have developed
water access.

Access Easement for Saegert Ranch: There is an existing access easement
from FM 580 to the adjacent Saegert Ranch. Currently it uses the main access road
and passes through the Headquarters Reserve, The Catclaw Tract and No Mans Tract
along the Southern boundary. The extent of this easement is available for review.

Mineral Rights: Minnie Jackson Family Partnership, Ltd. owns 50% of the mineral
rights on the property. There are no current leases or encumbrances relative to minerals.
We are prepared to convey all or a portion of these rights as negotiated.

Catclaw: 997 acres This tract is
on the South property line of the Jackson. Catclaw
contains the main well that also services the No
Mans Pastures and adjacent neighboring pastures.
Earthen tank collects water for livestock. Dedicated
Access easement provided to FM580 West.

No Mans Land: 753 acres
This tract fronts 1.80 miles of Colorado River Frontage. The high
cliffs are some 200 feet above the river and overlook scenic Hughes
Hollow. Where the Jackson property abuts the adjacent Saegert
Ranch, and a portion of Colorado Bend State Park. The Tract is accessed
from both the adjacent gated Smith Ranch and by dedicated
easement thru the Jackson Ranch.


Useful Documents


FM 580 Lampasas Texas 76550

© 2016 Texas Alliance of Land Brokers
© 2016 CoStar Group, Inc.