This is a great tract for development right in the heart of Central Texas area. Very close to town of Elgin and has larger aqua water lines all around it and has a large highline going diagonally across it and some flood area as well in the very back of it.
This place is a hidden jewel 5 minutes from Bastrop TX in the Colorado River Valley below Colovista CC with a house that is ready to go “as is” and built by a reputable local builder with many features in the main house(approx. 3400 sq. ft. as per Bastrop cad) you cannot find anymore in the current day construction practices that make it a very solid and well built home even in it’s current age being built in 1940’s originally. There is a guest house and a few barns and also a caretaker’s cottage/garage. There are 5 septics total and 1 old cistern hand dug water well and aqua wsc runs to all of the improvements on the place. This property is surrounded by all large neighbors and and one of them farms over 10000 pecan trees. The rental income is unlimited with 4 buildings on the place that would rent for over $4000-$5000 a month total. Some of the land is in the flood plain but not all and it is leased out for hay production to the keep the agricultural valuation in place. There is a well built gravel road into the place with a circle drive right by the home and guest house. There are 400 to 500 year old oak trees on this place. The seller wants to do a 1031 so she is motivated to sell the ranch. Bring us an offer soon. At this price range for this quality of place, at $862k it is a steal. Improved grasses are abundant on the place. and river views that go on for miles are all over the ranch.