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


LLANO RIVER INVESTMENT RANCH
Commercial development potential with added bonus of Swimming, Fishing, Kayaking, Boating, Tubing, Birding, Deer, Turkey, Prolific Wildlife, Native Pecan Trees and Fertile Soil.)

92.57 ACRES
KIMBLE COUNTY, TEXAS

Aerial Snapshots     Ground Snapshots

METHOD OF SALE: The Owners (Sellers) have given Thornton Ranch Sales exclusive authorization to sell this fine property.  They will convey the property by a General Warranty Deed and provide a standard Owner’s Policy of Title Insurance.  No livestock or personal property will be included in the sale.

DESCRIPTION: This is a fine piece of property with a multitude of positive characteristics that will appeal to an investment minded individual or group with a desire of own quality property on a beautiful spring-fed Hill Country river. Specifically, the location is excellent in that it lies only about 650 feet from the city limits of Junction and only 1,500 feet off of Interstate 10 highway. City water and sewer service lines are located adjacent to and parallel to the paved Farm to Market road that fronts the property. There are no road easements through the property and no public roads adjacent to the property except for the Farm to Market road which forms the south boundary line of the property. Thus privacy is assured. The land is virtually level with a gentle slope running from south to north toward the river. Some of the land is in the 100 year flood plain. Slightly more than half the land is comprised of fertile sandy loam cropland soil and the remainder has an excellent cover of native trees including a large number of magnificent live oak trees, bull mesquite and gigantic native pecan trees in the river bottom. The land closest to the city limit, because of its location near I-10, is ideal for commercial development (office warehouse, manufacturing, industrial, etc.). The remainder of the land with the river front is a great candidate for recreational development. There is an outstanding wildlife population comprised of white tail deer, axis deer, turkey, dove and quail. The cultivated lands consist of fertile sandy loam soils that are most compatible for pecan orchards, fruit orchards, grape vineyards, lavender farms, vegetables, food plots and traditional crops of every kind. The property is cross fenced into four areas separating the cropland from the wooded land. The improvements (barns, pens, sheds) are old and are not now in use. The Seller owns and will convey significant water and mineral rights as set forth below. In view of all the above, this property has unlimited potential for a creative investment minded individual or group.   

MINERAL RIGHTS:  It is believed the Seller owns 100% of all the minerals and executive leasing rights. All minerals owned by the Seller will be conveyed to the buyer. There is no mineral production nearby and the minerals are not now leased

RECREATION, KAYAKING, CANOEING, SWIMMING, TUBING, FISHING, BIRDING, WILDLIFE OBSERVATION AND INDIAN ARTIFACTS:  All these activities are available on this property at your option. The Llano River is one of the best rivers in the United States for Canoes, Kayaks and tubing. The river is also ideally suited for wading, swimming and tubing by people of all ages. The fishing for largemouth bass, catfish (blues, yellow, & channel), and several species of perch is unsurpassed. It is not unusual to haul in yellow catfish in the 30-50 pound range. The river is exceptionally well suited for rod and reel fishing, fly fishing, top water casting, or cane pole fishing from either the bank or from gravel bars that extend into the water, or from boats and floats. Bird watching is superb year round and you can observe dozens of humming birds simultaneously during the summer months if you keep 4 or 5 feeders filled with hummingbird food. Additionally, there are doves, quail, robins, blue birds, red birds, a whole range of water birds, and miscellaneous seasonal birds of every description. Or, if you prefer a more sedate form of recreation, you can find your binoculars, pick a choice site on the property and be entertained by scoping for deer, turkey and wildlife in every direction. Also there is a prolific game population comprised of whitetail deer, axis deer, turkey, squirrels, rabbits, fox, bobcats and armadillos on this ranch and throughout the local area. The axis deer population is particularly outstanding and includes some trophy bucks. Arrow heads and miscellaneous Indian artifacts are available to be found on this property. The stargazing at night is unsurpassed. The night sky is so clear that you can see the milky way and other constellations like you have never seen them before.

POSSESSION:  Possession subject to no leases of any kind shall be given on the day of closing and funding.  

IMPROVEMENTS:  The old headquarter improvements consist of a small frame house, a barn, sheds and pens, all in poor condition, but restorable. There is one water well, condition unknown. Perimeter fence and cross fences in fair to good condition. Satellite TV, electric service and land line telephone service are available. Good internal ranch road system.

TAXES:  Based on current agricultural use the total ad valorum taxes for calendar year 2007 were only $244.16. The property shall be conveyed to the buyer with said agricultural use and related tax rate in effect.

PRICE:  $1,110,840.00* ($12,000.00 per acre)

• Price to be adjusted based on the actual number of surveyed acres that will be conveyed by a General Warranty Deed and covered by an Owner's Policy of Title Insurance multiplied by the price per acre agreed upon by OWNER and Buyer. The price shall not include any personal property or livestock.

TERMS: (Three Options)

• All cash at closing.
  
  
• 20% or more cash down and OWNER will finance the balance on a first lien amortized note for a term of fifteen (15) years at a fixed interest rate of 7.0% with semi-annual payments. Said note to contain no prepayment penalty and be a non-recourse (no personal liability) note secured solely by the property. Said financing to be subject to OWNER'S approval of Buyer's credit. Said Note may be assumed by any future buyer only with Owner’s consent.
  
  
• Any other terms acceptable to the Seller.
  

http://www.junctiontexas.net/    (click to open this Kimble County Chamber of Commerce web site.  Then click on “Things to Do” at top left side of the Home Page.  This will open specific information on Hunting, Fishing, Birding, Canoeing, Hiking, Golf, Parks, Shopping, Llano River, etc)

http://www.junctiontexas.net/llanoriver.htm  (gives detailed information on the Llano River near Junction)

http://www.tpwd.state.tx.us/spdest/findadest/parks/south_llano_river/   (gives detailed information on the South Llano River State Park and Walter Buck Wildlife Management Area which is located four miles south of Junction)

MISCELLANEOUS & AIRPORT INFORMATION:  Attractions found in Junction include fine restaurants, grocery stores, feed stores, hardware stores, bakeries, campgrounds and lots of friendly people.  Kimble County Airport is located one mile north of Junction or only one mile east of this property.  The airport has a 5,000 foot lighted asphalt runway and fuel & services are available.  

BROKER'S COMMENT:  This unique property has outstanding potential because of its location, easy access from the I-10 interstate highway, proximity to city water and sewer services, outstanding commercial development possibilities, live water on a beautiful river, superb wildlife population, excellent soils, multitude of commercial and recreational uses plus the mineral and water rights to be conveyed to the buyer. FYI the price is negotiable.

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: len@thorntonranchsales.com 

NOTE:  This information was obtained from sources deemed reliable and is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal from the market without notice and is provided by Thornton Ranch Sales without any guarantee, warranty or representation, express or implied.

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

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