HWY 97 Ranch

$3,500,000

Contract Pending

Property Details

  • County: Wilson
  • Address: State Hwy 97
  • Zip: 78144
  • Type: Commercial Property, Farms, Undeveloped Land
  • City: Floresville
  • Price: $3,500,000
  • Acres: 245
  • State/Zip: Texas 78144
  • Status: Contract Pending

TALB Member:

Louie Swope | Broker

Swope Louie
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Property Description

The Highway 97 Ranch is located within the growth corridor of San Antonio, Texas, on the corner of HWY 97 and Maple Street Rd, within the Floresville, Texas city limits. This property has 2,825 ft of HWY 97 frontage and 1,029+/ ft of frontage on Maple Street, with existing large water lines along the frontage and along the south fence line. These attributes make this well-located property a candidate for commercial or residential development. The ranch is currently being operated for agricultural use and is ag exempt from a tax perspective with an Annexation Agreement in place. Another unique feature of the HWY 97 Ranch is the groundwater, with multiple wells having the capability of producing around 3,200 GPM. The significance of this underground water is growing as water is becoming a more valuable commodity in Texas. All these mentioned features make the HWY 97 Ranch an excellent property for land investors and developers alike. ( A portion of the ranch lies within the FEMA Flood plain.)

Production:
Currently, the HWY 97 Ranch is growing Coastal with the ability to irrigate.

Wildlife:
There is plenty of wildlife with the ranch being in close proximity to the San Antonio River. Wildlife includes Whitetail deer, hogs, dove, and your typical texas wildlife.

Terrain:
The ranch is relatively flat with elevations ranging from 410 Ft and gently sloping to 375 ft as you go NW to the area within the FEMA Floodplain.

Water:
The Ranch has 3 water wells; all three are irrigation wells.

Minerals:
Surface Sale Only

Development Potential:
2019 AADT 4,584
2018 AADT 4,580
2017 AADT 3,919
2016 AADT 4,233
2015 AADT 3,966

FLORESVILLE POPULATION: 8,188



Property Map / Directions

Approximately 45 miles from San Antonio, Texas; approximately 93 miles from Austin, Texas; approximately 199 miles from Houston, Texas; and approximately 295 miles from Dallas, Texas.

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