Property Description
Price Reduced to $6,848/acre! The Buck Meadow Ranch is an excellent recreational property with features that will appeal to a variety of interests. Seldom does a property of this quality become available in the coveted Athens area. In addition to all of the recreational features, the Buck Meadow Ranch also offers excellent income opportunities to the new owner by harvesting timber that is ready to be thinned.
Hunting/Recreation - The deer hunting is excellent for both rifle and bow hunting as the pine, along with numerous other hardwood trees provide great wildlife habitat for all native species of game. Miles of trails have been cleared to easily navigate the ranch. Hiking and ATV trails throughout the property make for excellent exploring opportunities.
Income Opportunity - A Forestry Resource Management Plan has been designed and ready to be implemented. The 20 year estimated income from select tree harvesting is $455,000.The trees are a mixture of beautiful pine timber, native hardwoods, and well-stocked pine plantation. (A copy of the Forestry Resource Management Plan is available for viewing)
Location - The location of the Buck Meadow Ranch is outstanding, being only 1 mile from Lake Athens in the highly desired and beautiful area of Larue, Texas. The ranch features approximately 1,000 feet of frontage on County Road 4835 and is also convenient to Lake Palestine. The property has two entrances along the county road frontage and is bordered by a number of large ranches, further enhancing the appeal. The northern boundary of the ranch shares a fence line with the 2,000 +- acre Deringer 4 Star Ranch.
Improvements - Approximately 11 acres are cleared in the center of property, 4 of which represent a formerly successful (award winning) small vineyard complete with irrigation and structure for vines. A 72 x 30 metal shop building with 360 sqft apartment provides a space for storage, equipment parking, and weekend getaways. There are two water wells on the property, one of which is very good and supplies water to the apartment, shop, and vineyard. The other water well has not been operated in some time but could be brought back online.
Minerals - The current owners own a substantial portion of the minerals and will convey half of what they own with an acceptable contract. There is currently no existing production on the ranch.
Broker is a partial owner in this listing.
This property is exclusively listed by Larry Tedford of Clayton-Waggoner Properties, LLC. Any and all information contained herein has been obtained from sources deemed reliable by Listing Broker. Listing Broker does not warranty or guaranty the accuracy of the information.
Buyers broker/agent must be identified on first contact and must accompany prospective buyer on first showing to be allowed full fee participation. If this condition is not met, the fee participation will be at the sole discretion of the Listing Broker. Prospects may be required to provide proof of funds prior to scheduling a showing.
