Investment or Development Opportunity


140.48 Acres - East Medina County - on Potranco Road

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Location

Subject property is strategically located approximately 8.5 miles W. of Loop 1604 on Potranco Rd. (FM 1857); 4.5 miles W of Hwy. 211 and 1.5 miles E. of F.M. 471. The property is in the path of the fast growing West/Northwest quadrant of San Antonio.(See location map)

Description

Subject property can be described as 140 Acres having approximately 1880 feet frontage along Potranco Rd. (F.M. 1857). Terrain is gentle to rolling with pretty views to the south and westward toward the scenic Medina River Valley. Elevations vary from approximately 900' to 980'. Timber consists of beautiful live oaks, elm, mountain laurel, persimmon, hackberry, and others. Lush native grass cover and diverse brush consisting of brasil. prickly pear, acacia, and more. Improvements include a small set of livestock pens, concrete water storage tank, water trough, and crossfenced into two pastures. Property appears to lie outside the 100 year flood boundary. (See copy of survey and topo plat).

Water, Electric and Telephone

One domestic/livestock well with electric submersible pump and concrete storage tank, believed to be Edwards Aquifer. There is also a concrete water trough for livestock and wildlife. Electric and telephone lines are along Potranco Rd. Electric service is currently available at the water well located approximately at the center of the ranch. The property lies within the service districts of Medina Electric Cooperative and Yancey Water Supply Corporation. New Yancey water mains have been extended along Potranco Rd. on the S. side within approx. 2,500' of subject property. It is buyers responsibility to inquire about cost and availability of these services.

Zoning

Medina County; outside San Antonio city limits and their ETJ. Zoning does not apply.

Wildlife

Brush and trees are very attractive for game. Abundant wildlife including Whitetail deer, dove, quail, rabbits, hogs, and varmints.

Schools

Property is located in the Medina Valley I.S.D. New elementary school at Potranco and C.R 381 near subject property.

Taxes

Current agricultural exemption - 2007 taxes were approximately $192.23

Minerals

All minerals owned by Seller shall be conveyed to Buyer. It is believed to be 100%, to be determined by new title commitment.

Price

$11,950.00 per acre for 140.48 acres - $1,678,736.00

Comments

Close proximity to San Antonio, on Potranco Rd., in fast growing West/NW quadrant of S.A. make this beautiful oak covered ranch a great investment or development opportunity. You have the added bonus of recreational use of this property for hunting and ranching if you hold the property or to improve for your private ranch estate.