293.99 Acres in Winters, TX - $470,000

The subject is located on the southeast corner of the intersection of Highway 153 and Farm-to-Market 2647. There are multiple entrances along both Highway 153 and Farm-to-Market 2647. This property is located less than a mile from the turnoff (County Road 167) to go to Lake Winters. Lake Winters and Elm Creek Lake is located on Elm Creek, a tributary of the Colorado River. The lake is owned by the city of Winters and used for municipal water supply and recreational purposes. According to the Texas Water Development Board 2013 volumetric survey, the lake has a total capacity of 7,779 acre-feet encompassing a surface area of 638 acres at conservation pool elevation of 1790 feet above mean sea level. The dam controls a drainage area of 65.5 square miles. The subject is also located approximately 6.00 miles from the Winters Municipal Airport.

SITE CHARACTERISTICS

The site has generally sloping to rolling topography. The subject has standard perimeter fencing and cross fencing, that appears to be in average condition with mostly manual gates throughout the property. Approximately 138.00 acres is currently leased out to a local farmer for $30/AC, or $4,140/year, which will be prorated to a buyer. This agreement states that the farmer is responsible for all expenses. The lease agreement runs through the spring harvest, where a buyer could either re-sign the lease or elect to do something else. The farmers has indicated that he will plant winter wheat, which will only benefit the deer population. The remaining +/- 155 acres is native pasture with good grass, mesquites, and other native vegetation typical for the area. Wildlife includes quail, dove, deer, turkey, and hogs.

UTILITIES

Electricity: Public Electricity

Sewer: Septic

Water: There is a water well that services the house. On the 7 acre tract on the north side of Highway 153, there is a commercial water well with a 250-300 barrel above ground storage tank. The owners thought that the pump on this well is 1.5 horse, but a buyer would need to confirm. There is also another old water well that has been abandoned, but might still be of use.

SURFACE WATER

There is a pond on the subject that measures approximately 8,000 SF. Per information from the owner, this pond never went dry, even during the major drought. Also, there appears to be a spring that extends through the property underground on the south side of the property.

IMPROVEMENTS

There is a 1,491 SF house with a 756 SF covered metal carport on the property. Both of these improvements are in fair to poor condition and will require some work, but they could be used for a hunting cabin/weekend getaway. There are also multiple storage buildings throughout the property. Near the house is an extensive set of pipe livestock pens. By the older abandoned water well, there is a below-ground storm shelter.

STREET TYPE

Highway 153 and Farm-to-Market 2647 are both two-way asphalt thoroughfares.

EASEMENTS

There is a pipeline easement extending southwest to northeast on the eastern portion of the property (native pasture area). More information can be provided with a survey, and a buyer is responsible to confirm.

DISCLAIMER

The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by Scott Allison Real Estate, LLC, 2185 Properties, LLC, or any related entity, as to the accuracy or completeness of the information. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.

Buyer's agent must be present at first showing to participate in commission agreement.

***One of the three parties to the owner's estate is a Texas licensed real estate agent***