Investor Opportunity: Loma Ranch’s East Pasture
- County: Comal
- Address: 28831 FM306
- Zip: 78070
- Type: Hunting Land, Recreational Property, Undeveloped Land
- City: Spring Branch
- Price: $4,600,000
- Acres: 400
- State/Zip: Texas 78070
- Status: Contract Pending
The easternmost pasture of the Loma Ranch features pleasant topography, majestic trees, diverse habitat, great wildlife and native grasses. As close and accessible as the property is, it still offers substantial privacy and incredible views. This ranch will either make a fantastic close in hill country ranch for the new owner or simply a very high quality investment with significant development potential with its location along Highway 306 (approximately 2,640 of highway frontage).
Location: The ranch is located between Spring Branch and Blanco in southernmost Blanco County on Hwy. 306, about 3.4 miles east of Hwy. 281. The ranch is located only 33.9 driving miles from the San Antonio International Airport and just a few miles from Canyon Lake. Great shopping, golf courses, boating, Guadalupe River or Canyon Lake recreation and dining are all close by.
Habitat: The ranch is in the famed Texas Hill Country and is dominated by beautifully rolling terrain with native bunch grasses such as little bluestem and blue grama. It has ample tree cover including live oaks, Spanish oaks, shin oaks, cherry, hackberry, soapberry, gum bumelia, redbud and juniper. In addition, there are numerous diverse brush species including algerita, evergreen sumac, mountain laurel and Texas Kidneywood providing both wildlife cover and nutrition.
Most of the land has been part of an extensive juniper management program during the last approximate ten years; although some areas were left intact for sanctuary wildlife cover and view shed protection. All of the property is very usable, with gently rolling hills that are easily accessible.
There are several drainages, with associated habitat that eventually flow into Devils Hollow and into Canyon Lake.
Wildlife: The ranch has a good population of white-tailed deer, turkey, dove plus some feral hogs.
There are no material permanent structures on the ranch. There are a main entry road and a loop road plus some UTV trails. The perimeter fencing is in good condition; although the western boundary (or portions thereof are unfenced since ranch is part of a larger ranch.
Water: This ranch is located over the Trinity Aquifer. Groundwater is regulated by the Comal Trinity Groundwater Conservation District.
There are two dirt ponds on the property fed by runoff. There is also evidence of seeps and springs during wetter periods.
Electricity: Electricity is found along the west side of the property.
The property is currently taxed at 1-d-1 (Open Space) Agricultural Use valuation.
Minerals: The sellers are willing to negotiate the conveyance of a portion of Sellers owned mineral estate.
Price: $4,600,000 ($11,500/acre).
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 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 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, LLCs sole and absolute discretion.
© 2016 Texas Alliance of Land Brokers
© 2016 CoStar Group, Inc.