Mustang Creek Ranch

$10,950,000

Property Details

  • County: Johnson
  • Address: 9401 County Road 917
  • Zip: 76035
  • Type: Recreational Property, Residential Property, Undeveloped Land
  • City: Cresson
  • Price: $10,950,000
  • Acres: 1,559
  • State/Zip: Texas 76035
  • Beds: 2
  • Status: Available
  • Baths: 3

TALB Member:

Charles Davidson | Broker/Associate

Davidson Charles
×
  • This field is for validation purposes and should be left unchanged.


Property Description

The Mustang Creek Ranch is a fantastic property for the land investor with an eye towards future development in the rapidly growing area southwest of Fort Worth. It is in the corner areas of Hood, Johnson, and Parker Counties and is located just east of Cresson towards Godley in the northwest corner of Johnson County.

Location:
Mustang Creek Ranch borders the south edge of the Cresson City Limits at 9401 CR 917, Cresson, Texas 76035, and is between 918 and 171, both highways of which run along with rail just over 1 mile from the property. The west portion of the ranch is in the Granbury ISD, and the east in Godley ISD.

Land:
The main feature of the property is Mustang Creek, that traverses the land for about 1.5 miles. The owners have built concrete dams and spillways that stair-step through the creek, providing not only excellent crossings but many beautiful lakes and ponds. There are over 12 lakes and ponds with the largest being near the main residence and central areas of the ranch.

The prairie is mostly open with rolling vistas and few mesquites. Elevations range from 850 to 990 and there is only a nominal amount of floodplain along the creek systems.

This combined property package (including the additional 12o acres) has approximately 4,900 of frontage on 917 and it is currently not zoned.

Improvements include:
Luxury custom home built in 2010, with 5,911 square feet, and an additional 4,000 sf of wrap around porch area. It has 2 bedrooms and 3 baths, a concrete basement bunker area, and generous living spaces overlooking the ranch with large oversized windows.

1 foreman house with 2,300 +/- square feet, 3 bedrooms and 3 baths.

1 caretakers house with three separate casita type rooms, each with a bath and kitchen.

1 horse barn

1 storage barn

Various sheds, feed barns, and a garage.

Asphalt paved driveway from the gate to the headquarters.

Minerals:
There is production on the ranch (6 locations, with only 2 producing sites), and a gas processing plant on the south end. Minerals are not available.

Wildlife:
The northeast part of the ranch offers some wooded habitat along the creeks with hardwood and mixed tree cover for deer and hog hunting, and of course fishing in the lakes and dove hunting the fields are good as well.

Shown by appointment only.

The information contained herein has been gathered from sources deemed reliable; however, Republic Ranches, 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; Oklahoma; Colorado; Louisiana; Arkansas; and New Mexico 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, Anthrax, Chronic Wasting Disease), invasive species, illegal trespassing, previous owner actions, neighbor actions and government actions. Prospective buyers of Texas real estate, New Mexico real estate, Colorado real estate, Oklahoma real estate, Arkansas Real Estate, or Louisiana real estate should investigate any concerns regarding a specific real property to their satisfaction.

When buying investment property the buyer's 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 in order to participate in real estate commission. If this condition is not met, fee participation will be at sole discretion of Republic Ranches, LLC.

Republic Ranches, LLC reserves the right to require any or all interested buyer(s) of a particular property to provide proof of financial ability to purchase said property prior to the initial showing or any subsequent showing of the property. Republic Ranches, LLC also reserves the right to refuse to show a property to a potential buyer for any reason at Republic Ranches, LLC's sole and absolute discretion.



9401 County Road 917 Cresson Texas 76035

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