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410 S Acres Hamilton Co
PENDING
PENDING
410 +/- Acres
Hamilton County, Texas
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Property Profile:
This ranch is located in the rolling hills east of Hamilton and has county road frontage. The property has a number of outstanding live oak motts, mesquite and redberry cedar. Crystal clear Fornash Creek crosses the place for about a quarter mile. The creek area is heavily wooded with large live oak, sycamore and willow. A stock tank, a new 50 gallon a minute water well equipped with a submersible pump, and three small spring fed creeks, which run in wetter months, provide water for livestock, deer, turkey, dove and quail. In addition to being a very pretty place, this ranch has an excellent turf of climax grasses and forbs which makes it good for cattle grazing and wildlife habitat. Twenty-five percent of the mineral estate will convey
This tract is the SOUTH 410.417 acres of 820.834 acres.

Terrain:
The terrain is rolling with elevations ranging from a high of over 1,100' above msl on a ridge on the western boundary of this tract to a low of about 970' above msl along Farnash Creek which crosses the southeastern boundary. Most of the rainwater drainage is to Fornash Creek.

Location:
This ranch lies about 7 miles east-southeast of Hamilton on CR. 303, a gravel county road. To reach the property, one would drive about 4 miles east of Hamilton on Texas Hwy. 22, then (right) southeast on CR 301 for about 3 miles, then right on
CR 303 for about one mile. The property may also be reached by driving east on Texas Hwy 36 for about 10 miles then left (right) on CR 303 for about 3 miles.

Closest City:
Hamilton

Access:
The property has 662.4.8 feet of frontage on the south side of CR 303.

Trees:
Most of the place has light to moderate mesquite tree cover with some light to moderate redberry cedar cover. There are scattered live oak motts (some of these motts are large) and post oak. Along Fornash Creek are many live oak, elm and sycamore trees.

Wildlife:
This area has excellent bobwhite quail habitat. In the past there has been fairly good quail population; however, in 2006 a good number of quail have been introduced in an effort to repopulate quail numbers. With continued proper quail management the quail population should thrive. There are also whitetail deer and a good number of doves. In Fornash Creek and the stock tanks are some smaller perch and bass.

Utilities:
Power supplied by Hamilton County Electric Coop. Electric is on the property on the east fence about 300 feet southeast of CR 303 (in the northeast corner). Buried Sprint telephone cable is also along CR 303.

Fencing:
The property is perimeter fenced on three sides; however, the west side of 9,125' which is unfenced. The fenced perimeter is mostly in good condition constructed of 5 barbed wires on pipe posts and metal T posts. The short stretch of fence which forms an L in the southeast corner on the east side crossing Fornash Creek is an older fence which washes out from time to time.

Water:
In the southeast corner, Fornash Creek crosses the property for about 1/4 mile. Fornash Creek runs in normal rainfall; however, in times of drought, it may dry up
to potholes. Two springs located near Fornash Creek flow in wetter times into the creek and two more small spring fed creeks which run in wetter times are located south of CR 303 near the east boundary. A new Trinity strata well was drilled near CR 303 in September 2008 to 500 feet. It is cased to total depth with 2" pvc pipe with 40' of perforations. It tested 51 gallons per minute with excellent quality water. The static water level is 385' and the pump is set at 450'. It is equipped with a 2 hp, 220 single phase submersible pump and a pressure tank. The well was drilled for cattle water; but, could easily be piped to a residential building site on a hill near one of the live oak motts. A stock tank filled by rain runoff is located near the east boundary of the property.

Improvements:
On CR 303 is a new set-back entrance constructed of pipe and welded wire with double gates. The entrance has a caliche ranch road which leads across a small field, through a large live oak mot and across a low area to a number of ranch roads which give access to most of the ranch.

Minerals:
The owner owns some of the minerals and is offering to convey 25% of the mineral estate to a new buyer. There is no oil and gas lease on the property and no
known production in the immediate area.

Grasses:
The ranch has an excellent turf, covered with good stands of
sideoats grama, little bluestem, silver bluestem, Texas cupgrass, buffalo grass, curly mesquite grass, Indian grass, King Ranch bluestem and hairy grama. In some areas a fair amount of common ragweed and broomweed grow (good for quail).

Taxes:
The ranch is taxed AAg. Use valuation@. The 2007 ad valorem taxes total about $1.43 per acre or $587. The property all lies in the Hamilton I. S. D.

Soil:
The soils are mostly clay loam and productive with a moderate amount of rocky limestone outcroppings on the hillsides. These out croppings add to the soil stability and natural beauty.

Financing/Terms:
Cash to Seller

Ranching:
This is an excellent cattle ranch with a good grass cover of climax grasses. The property will carry one cow/calf to about 18 acres or about 23 head.

Special Note:
The listing broker is a part owner in the property.

PROPERTY UNDER CONTRACT

Price:
$735,950

(Price Reduced From $772,850)

Price Per acre:
$1,795


Property Presented By:
Childress Ranch Investments
Frank Childress - Broker
Office: 830-964-4600
Home: 830-964-2497
Cell: 210-872-7788
14812 S Access Rd
Canyon Lake, Texas, 78133

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410 S Acres Hamilton Co
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