Thornton Ranch Sales

Thornton Ranch Sales
Leonard F. (LEN) Thornton
Broker, REALTOR®
1501 Isaac Creek Circle
New Braunfels, TX 78132
Phone: (210) 656-1955
Fax: (800) 371-8486
http://www.thorntonranchsales.com
Email - len@thorntonranchsales.com

SOUTH TEXAS SHOWPLACE RANCH ON THE FRIO RIVER 2564.gif - 20.0 k
(Hunting-Fishing-Ranching- Recreation)
2,564 ACRES
McMULLEN COUNTY, TEXAS

LOCATION: Located six miles west of Tilden, which is the county seat; or 65 miles south of San Antonio near Choke Canyon Reservoir (Lake); or 95 miles northwest of Corpus Christi; or 220 miles west southwest of Houston; or 320 miles south southwest of Dallas. All distances are measured straight-line "as the crow flies".
BACKGROUND: The present Owner bought this property from the heirs of a native McMullen County ranching family in 1981. The new owner then commenced an accelerated improvement program which included construction of a huge rock headquarters house, three remotely located guest houses, a 12,000 sq. ft. aircraft hanger, an airstrip, a high deer proof fence, road system, several lakes, and extensive water system. The new owner has lived on and operated this ranch since its purchase.
METHOD OF SALE: Owner will convey the property by a General Warranty Deed, provide a standard Owner's Policy of Title Insurance, and provide a current survey of the property. Additionally, Owner will finance on a non-recourse note as hereinafter described.
DESCRIPTION: A highly improved ranch located in the area of South Texas known for its trophy whitetail deer and excellent quail, turkey, dove and hog hunting. Deep rich soil with a heavy tree cover comprised of mature "bull" mesquite, blackbrush (15-27% protein), guajillo (22% protein), guayacan (22% protein), and miscellaneous desirable forbes and other brush for which this "big buck" area is so famous. Some prickly pear, cactus and tasijillo gives the ranch classic South Texas character. The end result is outstanding wildlife habitat and an existing healthy and diverse game population. Exceptionally well watered by one mile of frontage on the Frio River, 9 earthern lakes, and three carrizo sand water wells, two of which are flowing artesian wells. All lakes stocked with bass and catfish. Duck and dove hunting around the lakes is fabulous as is the fishing. Five cropland fields totaling 135 acres are randomly located and are used for growing wildlife feed. The ranch is high fenced on all boundary lines with a high quality high fence. The many improvements are described below.
WILDLIFE, HUNTING, RECREATION: There is an outstanding population of Boone and Crockett sized whitetail deer, turkey, quail, dove, hogs (both feral and javelina), coyotes, bobcats, and miscellaneous birds, racoons, rabbits, and small wildlife. Additionally, all the lakes are stocked with bass and catfish. Fishing is superb and so is the dove and duck hunting around the lakes. Whether you are a bow hunter, deer hunter, bird hunter, turkey hunter, duck hunter, fisherman, photographer, birdwatcher, outdoorsman, or observer of nature, the wildlife on this one of a kind South Texas ranch will keep you challenged and entertained. Also, activities such as hiking, exploring, camping, nature walks, nature studies, collecting petrified wood/palm-wood, or just simply relaxing on this beautiful end of the road ranch are there for the taking. Or if you prefer you can relax in the comfort of the remotely located main headquarters house or take a swim in the indoor pool or inventory wildlife from the observation deck of the large top floor porch/balcony.
MINERALS: The owner owns a small portion of the minerals and all of the minerals owned will be conveyed to the buyer.
IMPROVEMENTS: Highlights of each of the major improvements are as follows:

MAIN HEADQUARTERS HOUSE: 9,483 sq. ft. , 6 bedrooms, 6 bathrooms, rock exterior with standing seam metal roof; indoor swimming pool; highest quality workmanship. Remote location on a high point deep inside the ranch.
GUEST HOUSES: Three guest houses, each with 3 bedrooms and 2 bathrooms. All located in a cluster compound in a scenic location remote from the headquarters house.
AIRCRAFT HANGER WITH OFFICES: Enclosed metal hanger building with concrete floor; 12,000 sq. ft. includes 3,000 sq. ft. of first class office space.
AIRCRAFT LANDING STRIP: Sod airstrip approximately 4,200 feet long.
HIGH DEER PROOF FENCE: Of the highest quality with all metal pipe line posts and metal T-post braces.

The above improvements are about 12 years old and are in excellent condition. The estimated new replacement cost of said improvements is $2,236,500.00 or $871.99 per acre on a contributory value basis.

TAXES: Based on current agricultural use, total ad valorum taxes are approximately $14,000.00 per year with most of the taxes being generated by the market value of the improvements.
POSSESSION: Upon closing and funding subject to seller having 15 days after closing to vacate the headquarters house and 60 days to vacate the remainder of the property.
PRICE: $2,350,000.00* ($916.25 per acre).
*Price to be adjusted based on the total number of acres conveyed by a General Warranty deed multiplied by the price per acre agreed upon by Seller and Buyer. This price does not include any personal property, equipment or livestock.
TERMS: Any of three options as follows:

All cash at closing.

33% or more cash down and Seller will finance the balance for up to 15 years at 8.0% interest on a non-recourse note with no pre-payment penalty. Amortized note payments to be made semi-annually. Said financing is subject to Seller's approval of buyer's credit.

Any other terms that are acceptable to Seller.

BROKER COMMENTS AND MISCELLANEOUS INFORMATION: Because of it's "big buck country" location, easy access, privacy, amenities, numerous quality improvements, and variety of wildlife and recreational opportunities, this exceptionally well watered ranch is an absolute winner. The offering price, terms and conditions of sale make this ranch a buying opportunity and the owner is motivated to sell!!!! NOTE: This ranch has been sold and closed. SOLD-SOLD-SOLD!!

SHOWING COORDINATION: This ranch is available for inspection seven days a week by prior appointment only. CALL: Len Thornton (210) 656-1955 at any time for showing coordination, service and support. Or you may contact me via E-Mail at: len@thorntonranchsales.com

NOTE: This offering is made subject to prior sale, change of price, or withdrawal from the market at any time. The information contained herein is from sources deemed reliable but is not warranted or guaranteed by Thornton Ranch Sales.

For more information on this property see our Invitation to Buyers.