Reed Ranch

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PROPERTY DETAILS

County: BurnetAddress: 8701 West Highway 29Zip: 78611
Type: Ranches, Recreational Property, Hunting LandCity: BurnetPrice: $15,370,000
Acres: 2393.36State: Texas

PROPERTY DESCRIPTION

Reed Ranch 2393.364 acres Hwy. 29 Burnet County

In the heart of the Texas Hill Country, along the edge of the Highland Lakes sits the magnificent Reed Ranch. The beauty of this area has captured the hearts of all who have passed through it. Straddling the Llano Uplift, the ranch provides vantage points for unmatched, panoramic views of the Colorado River Valley. This ranch traverses from lush creek bottom land to spectacular granite hilltops. For the past 60 years, the Reed Family and its estate, have been diligent stewards of this 2,381.68 acre ranch.

Water: The City of Burnet main water supply line traverses the property and houses a lift station. This supply line also provides water to the ranch. Spring Creek meanders through the property. With limestone bottoms and scenic bluffs, the creek drains into Inks Lake. In addition, there are two unnamed creeks and multiple drainages throughout the ranch are seeping and running water as a result of continued cedar clearing and improving weather patterns. The ranch gets an average of 28-30 of rain per year.

Utilities: Pedernales Electric Coop. Private Septic systems. City of Burnet municipal water.

Wildlife: This ranch has an abundance of native wildlife and up to the 2017 season, had been leased to hunters. Large trees throughout allow for turkey roosting sites. Wildlife includes whitetail deer, turkey, hogs, dove and varmints, and Aoudad.

Easements: Details on easements found on the property are contained in the Schedule B. of the Title Commitment, and can be viewed at the link below.

Topography: This property has tremendous elevation changes, with heights ranging from 900 feet in the west to 1,352 feet in the east. The property has a variety of lush creek bottoms and rugged granite hilltops with outstanding views. Spring Creek offers prime arrowhead hunting, and interesting mineral rocks are commonly found throughout the property.

Vegetation: This ranch has and abundance of trees throughout, including Post Oak, Live Oak, Pecan, Black Cherry, Cedar Elm, Hackberry, Sycamore, Spanish Oak, Walnut, and Mesquite. Good native grasses and brush give wildlife excellent cover. Consistent with this part of the state, the ranch also has cedar, algerita, prickly pear, persimmon and much more.

Minerals: Minerals are negotiable, seller believes that the mineral estate is intact. No production and no leasing present.

Soils: The soils on the ranch consist of mostly Keese – Rock association, a gravely clay based soil, including associations of Eckrant, Voca and Hensley. The gently sloping hills feature these thin soils over hard layers of resistant granite, the underlying layers of which are often exposed to form escarpments that produce the scenic topography typical for the area.

Taxes: $14,072. (2017) The ranch is taxed with an agricultural 1-D-1 valuation.

Location: This property is located 6 miles west of Burnet. Burnet is the County Seat, and features many excellent restaurants, shopping, hotels, and the Seton Medical Center. Burnet also has a municipal airport with a paved 4,200-foot runway with instrument approaches, fuel farm and an FBO. The ranch is also just 60 miles northwest of Austin, 90 miles north of San Antonio and 12 miles east of Llano. This property fronts both State Hwy. 29 and Inks Lake State Park.

Range and Carrying Capacity: The Reed Ranch is located on the Western edge of the Edwards Plateau and Eastern occurrence of the Llano Uplift. It has consistently been a very productive ranch with mostly native grassland species of gramma grasses, curly mesquite, and thick big bluestem. Per the county ag extension agent, average carrying capacity county wide is one animal unit per 14 acres on native pasture.

Improvements: Only significant improvements are an equipment barn and livestock working pens.

Price:$15,370,000. Seller will provide their existing survey (dated 2017). Highland Lakes Tile Company has completed a title commitment for the ranch and will provide the owners title policy. The law offices of Hutto and Lucksinger, will act as the closing agent. Contact Texas Ranch Brokers LLC for sellers contract form and conditions.

NOTE: Texas law requires all real estate licensees to give the following Information About Brokerage Services: trec.state.tx.us/pdf/contracts/OP-K.pdf

NOTE: Per new survey shows 2381.68 Appraisal District showing 2357.23.

All properties are shown by appointment with Texas Ranch Brokers LLC. Buyer’s Broker(s) must be identified on first contact and must accompany client or customer on first showing to participate in compensation.



PROPERTY MAP / DIRECTIONS

Take highway 29 6+ miles west of Burnet. This property fronts both State Hwy. 29 and State Park Rd. 4.

The information contained herein has been gathered from sources deemed reliable; however, Texas Ranch Brokers, LLC and its principals, member, officers, associates, agents and employees cannot guarantee the accuracy of such information. The information contained herein is subject to changes, error, omissions, prior sale, withdrawal of property from the market with out prior notice, and approval of purchase by owner. Prospective buyers should verify all information to other satisfaction. No representation is made as to the possible value of this investment of type of us, 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 are subject to many forces and impact whether natural, those cause by man, or otherwise: including, but not limited to, drought or other weather-related events, disease (e.g. Oak Wilt or Anthrax), invasive species, illegal trespassing, previous owner actions, neighbor actions and government actions. Prospective buyers 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 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 Texas Ranch Brokers, LLC.