$6,600,000
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2 Beds
2 Baths
1,200 Acres Lot
SOLD DATE : 11/01/2022
Key Details
Property Type Vacant Land
Sub Type Farm Ranch
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1629713
Bedrooms 2
Full Baths 2
Annual Tax Amount $4,747
Lot Size 1200.000 Acres
Property Description
The 1,200-acre Lago Vista Ranch, located in southeastern Live Oak county just an hour from the beaches of Corpus Christi, is a rare jewel. Within its well-maintained low fences, you'll find every desirable facet of South Texas living- Brush Country habitat with large mesquite, elm, and a few live oaks as well as native browse such as cenizo and guajillo, plentiful wildlife including whitetails, turkey, quail and dove, an irrigated field and productive native pastures for livestock. With four different entrances, access to the ranch, situated about 20 miles west of Mathis, is easy. The main entrance is off Carmel Drive, which like all the other access points, is a paved, county-maintained road. Additionally, Lago Vista includes more than one and a half miles of private frontage on Lake Corpus Christi that encompasses high bluffs, stunning, unobstructed views of deep water, two private coves and several sandy beaches. A 52-acre, heavily wooded point juts into the lake, offering an incredible homesite with unsurpassed privacy, enviable elevation and one-of-a-kind views. For more than 35 years, Lago Vista has operated primarily as a family-run cow-calf operation and a recreational hunting ranch. In addition, the owners have built the foundation for valuable future development. In the late 1980s, they platted more than 60 lakeview and lakefront lots, ranging in size from half to one and a half acres each. While the owners did not market Lakeshore, the plans for the platted and restricted subdivision are grandfathered in, offering an undeveloped asset. Lago Vista has the necessary infrastructure as a working and recreational hunitng ranch, and maintains its agriculture tax valuation. (The 120- head herd of cattle and ranch equipment are available through a separate bill of sale.) The ranch is cross fenced into 10 separate pastures, each with a water source to allow for well-managed, rotational grazing. Its minimal structural improvements include two hay barns measuring 200'x40' and 50'x75', a 40'x75' equipment barn with a concrete floor, and a set of working pens complete with a chute. In addition, there is a small block house currently occupied by the manager. When it comes to water, Lago Vista boasts five domestic wells and one irrigation well supporting a 30-acre center pivot. Currently, the pivot system irrigates a 35-acre coastal Bermuda patch that provides hay for the ranch or potentially for sale. In addition, there are two stock ponds that not only deliver water for wildlife and livestock but offer exceptional dove hunting during the fall season. To experience Lago Vista Ranch, contact John Lynd with Bluestem Ranch Group at (830) 446- 6145. The ranch is listed for $5,500 per acre.
Location
State TX
County Live Oak
Area 3100
Exterior
Utilities Available Electricity
Building
Sewer Septic
Water Wet Weather Creek, Lake Frontage, Other
Schools
Elementary Schools George West
Middle Schools George West
High Schools George West
School District George West Isd
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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