Fredericksburg, TX 78624(Gillespie County)

There is a seasonal creek that runs through the northeast section of the property, entering from the north and running to the southeast for 2,045. There is a 0.30-acre pond built along the creek that sits near the eastern property boundary. Based on the size of the watershed, there is an opportunity to construct additional ponds along the course of this drainage. There is one (1) water well on the property that is capped. Additional water wells could be drilled as groundwater is adequate in the local area.

LAND & WILDLIFE

The eastern half of the property is characterized by commanding hills on the north and the south that offer outstanding views in all directions, overlooking a deep open valley. Elevation ranges from a low 1798 at the southeastern portion up to 1906 at the northwestern point. There are scattered live oak, post oak, and other native varieties throughout. Note, a tornado came the area in the Spring of 2020, but the affected trees are recovering nicely. The western half of the property rises from the south to the north and is a classic live oak savannah with an open understory. A crescent shaped ridge on one side provides excellent views to the east. There are numerous options for building sites throughout the entire tract. With only light hunting pressure over the years, the property hosts a robust herd of White-tailed deer, with Rio Grande turkey and Mourning dove also being abundant.

SUMMARY

Cross Mountain Ranch is a scenic, blank canvas property that sits only 20 minutes from Fredericksburg. With its natural beauty, fantastic views, healthy mature tree cover, and nearby location relative to town, this unique property has all of the elements in-place for a weekend retreat or a full-time residence. The property is being offered whole or in divided parcels of 90 acres (Tract 1) and 80 acres (Tract 2).

FINANCIAL / TITLE

CROSS MOUNTAIN RANCH, consisting of 170.00-ac, is offered at $1,415,000 or $8,324/ac Cash or at Terms acceptable solely at the discretion of the Sellers. Alternatively, a Buyer may purchase:

90-ac offered at $750,000 or $8,333/ac (Tract 1-MOUNT HALLOW RANCH) or

80 ac offered at $665,000 or $8,313/ac (Tract 2-MOUNT GLORY RANCH).

The conditions of sale are as follows:

1. Offers to purchase or letters of intent must be in writing and accompanied by 1.00% of the purchase price to the escrow account at Hill Country Titles of Fredericksburg, TX.

2. The Sellers will provide and pay for a standard owners title insurance policy. Title to the real property will be conveyed by a general or special warranty deed.

3. The Sellers will provide a new survey. If the survey determines that the acreage is different than what is presented in this package, the total purchase price will be adjusted by the agreed upon price per acre.

4. Mineral rights which the Sellers own will be conveyed to the Buyer at Closing.

5. All water right claims controlled by the Sellers will be transferred to the Buyer at Closing.

6. The property lies in the Fredericksburg ISD.

7. The 2020 ag-exempt taxes are estimated to be $204.82.

8. Offers to purchase or letters of intent must be in writing and accompanied by 1.00% of the purchase price to the escrow account at Hill Country Titles of Fredericksburg, TX.

9. The Sellers will provide and pay for a standard owners title insurance policy. Title to the real property will be conveyed by a special warranty deed.

10. The Sellers will provide a new survey. If the survey determines that the acreage is different than what is presented in this package, the total purchase price will be adjusted by the agreed upon price per acre.

11. Mineral rights which the Sellers own will be conveyed to the Buyer at Closing.

12. All water right claims controlled by the Sellers will be transferred to the Buyer at Closing.

13. The property lies in the Fredericksburg ISD.

14. The 2020 ag-exempt property taxes are estimated to be $204.82.

This entire Offering is subject to errors, omissions, prior sale, change or withdrawal without notice and approval of purchase by the Seller. Information regarding land classifications and acreages are intended only as general guidelines and have been obtained from sources deemed reliable; however, accuracy is not warranted or guaranteed by the Seller or Anders Ranch Realty. Prospective Buyers should verify all information to their sole and complete satisfaction. SHOWN BY APPOINTMENT ONLY DO NOT TRESPASS. Buyers brokers/agents must be identified on first contact and must accompany buying prospect on first showing to be allocated full fee participation. If this condition is not met, fee participation will be at the sole discretion of Anders Ranch Realty.