507.36 Acres in Gustine, TX - $1,400,000
Updated on 9/12/05...A Perfect cow, horse and hunting property rolled into one. Main home is a nice 1985, 2144 sqft brick 3/2/2 with large living, kitchen, fireplace and C/HVAC surrounded by large oak trees. The guest home or "inlaw" home is a nice 2001, 572 sqft frame with 1 bedroom, living & kitchen also surrounded by large oak trees.
This 507 acre tract is divided into two tracts consisting of a 315 acre tract containing the two houses, wooden horse barn, metal workshop, 7 wells, working pens and the roping arena. The 192 acre tract is accross the county road and has 5 wells, the pivot system, the Tiffton 85 and a nice dirt tank with fish.
The land is sandy loam with over 130 acres of beautiful & productive coastal fields, over 60 acres of Tifton 85 and approx 75 acres of improved native grasses. Over 100 acres of hardwoods for hunting in 4-5 different tracts. Approx 80 acre...
The land is sandy loam with over 130 acres of beautiful & productive coastal fields, over 60 acres of Tifton 85 and approx 75 acres of improved native grasses. Over 100 acres of hardwoods for hunting in 4-5 different tracts. Approx 80 acres of cleared virgin land for cultivation & several other parcels for winter crops. A 500 ft 2 yr old pivot, 7 dirt tanks, 11 wells, a wind mill and numerous watering troughs make this not only productive livestock ranch, but also a great deer haven. There 12 pastures making rotation easy or keep hunters separated.
Most of the water wells are 120 to 140 feet with 1/2 to 3 HP pumps. Most are in the 50 to 80 gpm.
This is a quality ranch supporting approx. 200 mother cows with calves and still have hay to sell plus deer lease income if wanted. With the addition of the cleared virgin fields in winter crops this ranch will support even more cows.
For those interested in minerals, the 192 acre tract has 50% minerals and the 315 acre tract has 100% minerals. These minerals would convey at the asking price. Minerals in this area have been leasing for at least $300 per acre with 18%+ royalties on 2 yr leases.
Don't miss out on this fine ranch. Call us today for an appointment.