This larger commuter ranch would be perfect for someone in Austin or Georgetown that wanted to live outside of town slightly in "rural" Texas but be close to the city amenities being only 40 minutes to downtown Austin and 20-30 minutes to Round Rock or Georgetown, TX. You can either buy just 200 acres of raw native pastureland with some improved grasses mixed in or you can buy it all at 251 acres with the house thrown in with it. It has a lot of paved Highway frontage on Hwy. 138(approx. 4000 ft. or so)as seen in option 1 for some investor/developer to take advantage of. As option two goes, you could get 200 acres without the house and any improvements with around 1500 ft. of frontage on Hwy. 138. The property is irregular in shape and has two stock ponds on it, 1/8 of the minerals go with it with the surface rights, a lot of it is in coastal to where you could bale hay off of it and have horses and cows on the land, and also you could rent the house for around $1000-$1500 a month as an investment being this close into town if you did option 1. Taxes run approx. $400 for the land and $2800 for the house. It is in Ag. Exempt. Williamson County is one of the fastest growing counties in the USA right now. The older ranch house is very nice/large and very livable for someone(valued at $119K with .89 acre lot with WCAD).It has been recently renovated by the current owners back in 2004. It has a large water line with CTSUD on Hwy. 138 on the south side of Hwy. 138(12 inch water line that could be bored across for a certain dollar amount) and could easily be utilized for development purposes. The overall property is odd in shape and Teagues Trail easement coming off of CR 223 from the back could easily be used for access to the back of the property since it conveys with the land. There is good fencing all the way around the ranch and also some good interior fencing too. This property is under contract as of 6/29/2012.
Property Map / Directions
Take Hwy. 195 from the Georgetown area off of IH35 and go Northwest to the town of Florence, TX. Go approx. 1 mile outside town staying on Hwy. 195 and go West towards Hwy. 183 on Hwy. 138 and you will go approx. 3 miles to the property on the right almost to CR 223. You will see signs up.