In the great state of Texas, both history and landscapes are often defined by the union of unlikely partners. One such thriving and vibrant partnership can be found at Sandow Lakes Ranch, a magnificent, unique and versatile property in the heartland of Texas. The 33,800 acres feature dichotomous elements working in perfect harmony a modern business development, vast arrays of rolling, lush grasslands, protected marsh and wetlands, and beautiful serene areas.
33,800 Fee Simple Acres:
24,435 Milam County
8,714 Lee County
629 Bastrop County
14,746 Natural/Buffer Property
9,163 Pristine Reclaimed Property
3,795 Three Oaks Mine Property
6,074 Industrial Complex
INCOME PRODUCING / PROPERTY TAX NEUTRAL
Buyer will assume and benefit from annual property income from Property Leases, Groundwater Sales and Hay Sales. In 2015, the property income exceeded $2,000,000.
Ad Valorem Tax Neutral due to agriculture and open space exemptions
Surface Water: 14 Lakes covering 1,960 surface acres with 48,379 acre feet of water
Ground Water: Permitted 44,000 acre feet of water per year from Simsboro Aquifer with an additional 14,000 acre feet of water available for permitting
Water Diversion Rights: An additional 18,000 acre feet of surface water diversion from the Little River. 100% of all water rights will be conveyed.
Turn Key: Full utilities in place (electricity, gas, water, water treatment and waste disposal), roads, railhead, intermodal facility, warehousing, manufacturing and distribution
5,564 acres with 100% Oil and Gas Minerals, 22,489 acres with 60% Oil and Gas Minerals. It is estimated that 200 million ton of lignite coal remain in the buffer Sandow acreage. 100% of owned minerals will be conveyed.
FISH AND WILDLIFE
Surrounded by an award-winning habitat, fish, birds and other wildlife thrive across the property. Wildlife species include whitetail deer, wild hogs, javelina, bobcats, coyotes, turkey, dove and quail. Birds include the American bald eagle, red tail hawks, mallards, wood ducks, teal, cranes, great blue herons, cormorants, pelicans and geese. The fish species include hybrid Florida bass, largemouth bass, smallmouth bass, striped bass, bluegill, red ear perch, tilapia, channel catfish, crappie, sunfish perch and chad.
The listing information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to our franchisees (who in turn supplied it to us), we cannot represent that it is accurate or complete, and it should not be relied upon as such.The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice.All dimensions are approximate and have not been verified by the selling party and cannot be verified by Sotheby's International Realty Affiliates LLC. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect or civil engineer, to determine such information. If you have a question pertaining to purchase, sales or lease of Hawaii real estate or a question about our company, please contact us via the CONTACT page.
LIST Sotheby’s International Realty Contact Details:
Main address: 4211 Waialae Avenue, Suite 10096816Honolulu, Hawaii ,
Location Information: LIST Sotheby’s International Realty is the leading luxury residential real estate brokerage on O’ahu, providing exceptional service and market knowledge to buyers and sellers of single-family homes and condominiums island-wide.