234 Acres in Dripping Springs, TX - $7,750,000

In addition to its possibilities for an end user, the ranch also offers many opportunities for an investor. With extensive county road frontage and being located outside of any citys jurisdiction or ETJ, this property offers endless possibilities for residential or commercial development ventures. The land is unrestricted, except for mobile homes and RV parks, which are prohibited until the year 2047. Divided into three 80-acre parcels, each with its own extensive county road frontage and unique land attributes, the property presents a unique opportunity for immediate equity for an investor.

The southwest extension of FM 150 has been proposed to run along the northern property boundary, potentially brining further development opportunities to the area. While the timing and viability of the extension is unknown at this time, this planning reflects the citys anticipation of where growth is headed in Dripping Springs.

LOCATION

Located at the intersection of Prochnow and Pursley Road in Dripping Springs, Hays County, Texas, Prochnow Branch Ranch is conveniently situated just 8-miles southwest of the intersection of Ranch Road 12 and Highway 290 in Dripping Springs Additionally, it is just 30 miles from downtown Austin, and 70 miles from San Antonio, offering easy access to major urban centers and international airports.

The property has 2,675+/- feet of paved county maintained road frontage on Prochnow Road. Prochnow Branch Ranch is zoned to the highly rated Dripping Springs Independent School District.

TOPOGRAPHY, RANGELAND & HABITAT

The topography on the property ranges from approximately 1,240 feet to 1,320 feet providing good Hill Country views throughout. Featuring extensive areas of level or gently sloping land providing ample usable terrain, with a narrow strip of steep slopes approaching the wet-weather tributary that quickly reaches Onion Creek on the neighboring property to the North.

Characteristic of the Texas Hill Country, Prochnow Branch Ranch showcases an abundance of centuries-old live oaks, Texas Red Oaks, Ashe Juniper, and cedar elms, forming a picturesque tapestry of diverse vegetation.

WILDLIFE

In addition to white-tailed deer, turkey, wild hogs, and other wildlife typical of the Hill Country, a wide array of migratory birds can be seen on the property depending on the time of year.

AGRICULTURE

An adequate number of cattle are kept on the property to maintain the 1-D-1 agricultural tax valuation, thereby minimizing holding costs.

IMPROVEMENTS

Improvements on the property include a 1,435-square-foot historic stone house, believed to be the original Prochnow home, with 2 bedrooms and 1 bathroom. Additionally, there are two existing water wells, both located near the home, along with an existing septic system and Pedernales Electric service to the structure. The property is perimeter fenced and there are two gated driveways on Prochnow Road. Additionally, the ranch currently features several hiking trails, facilitating excellent accessibility throughout the property, and the upper portions of the ranch can be accessed by a 4WD vehicle. Water troughs and fencing are already in place for light cattle grazing in order to maintain the agricultural valuation.

WATER

A wet-weather tributary to Onion Creek meanders from southwest to northeast on the property for approximately 4,345 feet, featuring multiple fern-lined spring-fed grottos and a 1/4-acre pond near the northern property boundary. The ranch is minimally impacted by the 100-year floodplain, with only 11 acres affected near the northern property boundary along the natural drainage.

ELECTRICITY

Pedernales Electric Cooperative service is provided to the stone house on the ranch and is available along the Prochnow Road frontage.

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.