388 acres * Private Lake * Custom Log Home*

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NUMBER OF ACRES: 388.059 Acres with a 3/2 two-story log home and 10-acre lake

LOCATION: In NW McCulloch County on Hwy 765 about 9 miles W of the intersection of Hwy 765 and Hwy 283.

PROPERTY TAXES: 2007 - $2,413.36

MINERAL INTERESTS TO CONVEY: All interest owned by the seller will convey. Three-fourths interest outstanding on 237.2 acres. One-half interest outstanding on 150.859 acre, but will revert back to property in 2013.

PRICE & TERMS: $2,300,000.00 Cash or Third Party Financing - This sale may be a part of Seller’s 1031 Like-Kind Exchange.

IMPROVEMENTS & DESCRIPTION:

You will surely fall in love with the peace and quiet as you sit on the deck of this beautiful custom-built home overlooking your own 10 acre lake. This active cattle ranch has a good set of cattle working pens with a squeeze chute. It is divided into three pastures for a grazing rotation program and has had only minimal hunting for the past few years. Deer and turkey hunting is exceptional. The ranch has hilly terrain with several wet-weather draws crossing it. It has 2 stock tanks and a pristine 10 acre private lake that is stocked with bass, catfish and bluegill. The tree cover consists primarily of mesquite with scattered oak, persimmon & agarita.

*click here to see inside the home*

Nestled among several nice Live Oak trees and overlooking the lake is a two-story log home. The custom-built home has 3 bedrooms and 2 baths. It is about 5 years old and has 2269 sq. ft. of heated and cooled living area and over 1400 sq. feet of porches and decks. Exquisite craftsmanship is evident throughout the entire home. Most of the floors are cabin grade Red Oak with inlays of Walnut. The kitchen, bathroom and porches have ceramic tile floors. The ceilings are gorgeous Colorado Aspen. The trim is Cedar and the cabinets are reclaimed Pine with granite countertops. Most of the interior doors are custom built Pine. The home is all electric with central heating and cooling. There is also a native stone woodburning fireplace in the living room. Water is supplied from the Doole Water System.

The area around the house is nicely landscaped and looks like a beautiful park. The outside structures are custom built of lumber and timbers to blend with the log home. There is a 2-vehicle covered parking area, a 12’ x 12’ storage building and a 22’ x 22’ shop with covered parking sheds on two sides. The fences are in good to new condition.

You really need to see it to truly appreciate, so give us a call to schedule a tour of this beautiful ranch and home.

THIS PROPERTY IS SUBJECT TO PRIOR SALE, CHANGE IN PRICE, OR REMOVAL FROM THE MARKET WITHOUT NOTICE. ALL INFORMATION IS DEEMED TO BE TRUE & CORRECT TO THE BEST OF OUR KNOWLEDGE AND FROM RELIABLE SOURCES. GENE STEWART REAL ESTATE WILL NOT BE HELD LIABLE FOR ANY CHANGES OR DISCREPANCIES.

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