Platt Ranch

The Platt Ranch has outstanding views and homebuilding potential. The rolling terrain is covered with oak trees, pine trees, and many other hardwoods. The sandy loam soil has a good turf of native and improved grasses. This is a good combination ranch for cattle and all types of native wildlife. The ranch has 7 stock ponds and Sandy Fork Creek. There is also a water meter from Aqua Water Co. out of Bastrop. Bluebonnet Electric furnishes the electricity and GVTC Communications furnishes the phone, cable and internet. There is an existing Ground Water Development Agreement between Alliance Regional Water Authority and the ranch owner, effective date March 8, 2010, with a term of fifty (50) years. The landowner is currently receiving $80.00 per year for each acre foot of permitted production and that amount will increase to $100.00 once pumping of water begins. Landowner will assign this lease as it pertains to acreage conveyed upon closing and funding of this property. Conveniently located between Austin (1 hr +/-), San Antonio ( 1.5 hrs +/-), and Houston (2.5 hrs +/-). The property has approximately 945 feet of road frontage on Highway 304 and approximately 850 feet of road frontage on County Road 155B. The Platt Ranch is located about 10 minutes north of Interstate 10.