Texas Lone Star Realty Ranch Listings

"Wallstreet" - Compliments of Tom & Mary Beth Peoples - Quail Ridge Ranch

Presents

THE HOLLOWAY RANCH

137.041 Acres +/- BASTROP County

SALES PRICE - $950,000 - $6,932/Acre

CLOSE TO PROPOSED FORMULA 1 RACETRACK

FEATURES:

PROPERTY:

Take a look at this ideal ranch retreat tucked in the trees and Hills of Bastrop County away from the Busy City Life! Its only a short 15 Miles from the proposed Formula 1 Racetrack. This 137 acre partially fenced ranch includes 5 (Five) oil wells - at least 3 are capable of production, a 2 story home/workshop, barns, many wet weather creeks, loads of trees, a 3/4 acre tank stocked with catfish and bass, and fenced cattle pastures. Located only 6 miles from U.S. 21.

MAIN RANCH HOME:

This Custom home of approximately 1,152 square feet features two (2) bedrooms, two (2) baths, one (1) living area, and kitchen breakfast area. The home is on the second floor above the 4 bay workshop/garage below. Enjoy the sunsets and views of the ranch and countryside from the sprawling front porch.

FACILITIES:

Farm/Ranch Structures:

Main Barn:

There is a cattle/hay barn along with corrals and chutes and numerous sheds/workshop areas near the ranch headquarters.

Near the main ranch gate you will find an oil well and holding tanks.

Equipment:

The sale can include all farm/ranch equipment as well as all oil field related supplies and equipment.

Oil Field Information:

The owner holds 100% of the mineral rights. The Tank Battery consistes of one (1) Oil Barrel, one (1) Water Barrel, and one (1) Gun Barrel (separates the oil from the water). There are 5 pump jacks mounted at 5 well locations - one well recently capped.. Three wells were drilled in the 30's and the other three in the 80's. 3 wells have been producing. Production records are available from the Texas Railroad Commission website. The owner has had some health issures and has not be able to maintain the wells as he would like.

ACREAGE - 137+/-

Wooded: The ranch ranges from light to heavily wooded.

Cultivated: None

Tillable: About 50 acres

Improved Grasses and Acreage: 25 Acres - additonal acreage has been spriged with coastal

Natural Grasses and Acreage: There is native bluestem, bluebonnets and other native grasses on the ranch.

Pastures/Cattle Pens: There are separate pastures and pens accessible from the barn area.

Enclosed Acres: The ranch is 50% fenced. There are also numerous cross fences. The owner will be fencing the rest of the ranch.

FENCES:

Perimeter: Barb wire.

Interior Fences & enclosures: Numerous with barb wire.

GEOGRAPHY:

Tanks/Ponds: 1 tank and 1 water wells. There are also watering troughs on the ranch.

Creeks/rivers: Lytton Creek meanders through the western part of the ranch and there is another wet weather creek on the eastern portion of the ranch.

Terrain and Soils: Rolling with a mixture of brown clay and black dirt in the tillable areas, and typical soils common to the area on the balance of the acreage.

Flood Plain: Along the creek bottom.

Crops: None.

GENERAL:

Easements: Electric to all structures.

Environmental Regulations: Unknown (Endangered species, Wetlands, etc.).

Leases: None.

Oil & Mineral Rights: 100% to be conveyed. (This will be confirmed by title Search by Title Co.).

Property Taxes: Currently the property has an homestead exemption. A buyer will assume any property tax liability as a result of nonqualifying use.

Restrictive Covenants: None known.

Road Frontage: County Road dead ends at property gate.

School District: Bastrop County ISD

Undivided Interests: None known.

Utilities: Septic: Yes. Water: Tanks, wells, wet weather creek, and Polona water district.

FINANCING:

A new loan will be expected of the buyer. Buyers shall cooperate with seller in 1031 exchange. Seller may consider owner financing with a sizable down payment. NOTE: Seller will need aproximately 180 days to vacate the property after closing.

SHOWING/VIEWING:

The Ranch is shown by appointment only. Please call or E-mail S. H. (TARY) Snyder to arrange a showing.

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If you have any questions or would like to see some of our listings please call or E-Mail: Ezequiel (ZEKE) Salinas (el Habla Espanol) [email], or Singletary (Tary) H. Snyder [email] Alternate E-mail:[email]

1015 North Sunset Canyon Drive
Dripping Springs, Texas 78620
Call:(512)892-6800 or (512)751-6360