2107 + A Ron Leps Turner Commercial Properties

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RANCH FOR SALE 2,107 + ACRES FLAT ROCK RANCH BANDERA COUNTY, TEXAS

Presented By:

Ron Leps Turner Commercial Properties Representing the Seller

512-930-2800

The Broker is submitting the attached information in its capacity as an agent and representative of the owner. The property is being offered for sale in "AS IS, WHERE IS" condition. Please note that all information submitted for your review has been gathered from what we believe are reliable sources, but the accuracy of the information is not guaranteed. Turner Commercial Properties has attempted to use reasonable care in obtaining the information submitted to you. Generally, a substantial portion of the information must be obtained from sources other than Turner Commercial Properties. Not all sources can be absolutely confirmed. Consequently, Turner Commercial Properties makes no warranty, either express or implied, as to the accuracy of the information contained herein. All information submitted is subject to change without notice as regards price, terms or availability. Additionally, the Broker has conducted no environmental investigation of the property and makes no representations regarding the environmental status of the property. No warranty or representation is made to you as to the value, or the accrual of future value, for this property. Turner Commercial Properties urges that you consult your business, tax and legal advisors before you make any final determination regarding the property being offered to you. The Broker STRONGLY encourages an independent examination of the property be conducted by representatives of the buyer. IN ACCORDANCE WITH THE LAW, THIS PROPERTY IS OFFERED WITHOUT REGARD TO RACE, COLOR, CREED, FAMILIAL STATUS, NATIONAL ORIGIN, RELIGION OR HANDICAP STATUS.

TURNER COMMERCIAL PROPERTIES 3613 Williams Drive, Suite 304 • Georgetown, Texas 78628 512/930-2800 (Phone) • 512/819-0141 (Fax)

AGENT: RON LEPS Representing the Seller

512-930-2800 or 512-869-6766

3613 Williams Drive, Suite 304 Georgetown, TX 78628

RANCH FOR SALE: 2,107 +/- ACRES FLAT ROCK RANCH, BANDERA COUNTY, TEXAS

Overview of Flat Rock Ranch LEGAL:

1030 HE&WTRRCOSVY179 TR 1 22.54 ACS; 1255TCRCOSVY943 TR 2, 53.15 1537RJHALESVY922 TR 1 164.97 ACS; 1717RPHALESVY922.5 TR 1 185.8 2135JOHNFDAVENPORTSVY924 TR 1 343.74 ACS; 2138JOHNFDAVENPORTSVY944 204.37 ACS; 22AB&MSVY915 TR 1 113.96 ACS; 2370JWSHORTSVY171025 TR 1 ACS;647TWNGRRCOSVY273 TR 3 0.52 ACS; 850TCRRCOSVY923 TR 1 267.06 899JBDAVENPORTSCY916 TR 1 682.96 ACS.

LOCATION:

Located 4.5 miles off FR 187 on Section C Road. From I-10 take Hwy. 39 west out of Kerrville 34.6 miles and turn south on FR 187 for 4.5 miles to Section C Road on left (east) side of FR 187.

UTILITIES:

Water - well, septic and Bandera Electric Co-op.

SCHOOL DISTRICT:

Utopia

TAXES:

ACS; ACS; TR 1 68.33 ACS;

Currently agriculture exempt.

The Broker is submitting the attached information in its capacity as an agent and representative of the owner. The Broker makes no warranty, express or implied, as to the accuracy of the information contained herein. All information submitted is subject to change without notice as regards price, terms or availability. Additionally, the Broker has conducted no environmental investigation of the property and makes no representations regarding the environmental status of the property. The Broker STRONGLY encourages an independent examination of the property be conducted by representatives of the buyer. IN ACCORDANCE WITH THE LAW, THIS PROPERTY IS OFFERED WITHOUT REGARD TO RACE, COLOR, CREED, FAMILIAL STATUS, NATIONAL ORIGIN, RELIGION OR HANDICAP STATUS.

TURNER COMMERCIAL PROPERTIES 3613 Williams Drive, Suite 304 • Georgetown, Texas 78628 512/930-2800 (Phone) • 512/819-0141 (Fax)

1,000+/- sq. ft. Cabin

690+/- sq. ft. Garage IMPROVEMENTS:



1,000+/- sq. ft. cabin build in 2007 with 3 bedrooms, kitchen and living area.



690+/- sq. ft. two-car garage with 300+/- sq. ft. concrete porch built in 2007.



New water well and septic at cabin



Roads rebuilt



Brush cleared



New blinds, corn and protein feeders.

Property is divided into 4 pastures served by well and pump to cabin and wells with 3 windmills. Tract is approximately 60% brush and 40% open. Open area has an excellent stand of native grass that is well covered with no erosion. Trees are large native species.

DESCRIPTION: This property is being offered for sale in its “AS IS, WHERE IS” condition. Flat Rock Ranch is located at the head waters of the Medina River with one of the highest elevations in the area. Although the Ranch does not have running water - we found two areas in October 2008 that appear to be spring-fed and serve as a watering area for wildlife and livestock. The Ranch has 4 wells that are strong and functioning. Given the topography, one could build a lake near the hunting cabin.

COMMENTS: Flat Rock Ranch offers an ideal setting for both wildlife and livestock. The Ranch is blessed with a mixture of forbes, native grasses and trees. The area in which the Ranch is located is noted for quality soil and diverse topography. The health of the Ranch is excellent, having not been over-hunted or overgrazed/overstocked. The Ranch is in an ideal location - remote yet not far from Kerrville, Fredericksburg, San Antonio, or Austin.

PRICE:

$2,350.00 per surveyed acre or approximately $4,951,450.00

COMMISSION:

3% to Buyer's Broker.

300+/- sq. ft. Porch on Garage

Quality Stand of Native Trees

Quality Stand of Native Grass with Forbes

Road System serving all areas of Ranch (recently re-built)

PHOTOS PROPERTY OF TURNER COMMERCIAL PROPERTIES 512/930-2800

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