Property Description
LOCATION: 2575 CR 262 Richland Springs, TX 76871
PROPERTY TAXES: Confirm with San Saba CAD **Wildlife Exemption**
PRICE: $760,000 CASH or 3rd Party Financing.
DESCRIPTION: Opportunities like this don't come around often! Here's your chance to put your ranch house design ideas & DIY skills to work! This 2015 square foot, 3 bedroom/2.5 bathroom home is unfinished on the inside, but the shell of the ranch house is solid. One feature left untouched was the wood burning fireplace which separates the family room and the kitchen. The options are endless to create your own vision of country living. House has a metal roof and the owner installed a new HVAC unit in the fall of 2023.
2 covered porches run the length of the house on the east and west, while a 2 car garage is on one end and 2 metal storage buildings with breezeway are on the opposite side. The fenced in yard has an extensive irrigation system in place with frost-free hydrants at various spots.
The 82 acres consists primarily of post oaks, live oaks, and other hardwoods. Subtle elevation changes provide for some very nice views while multiple surface tanks provide ample water for the variety of wildlife that inhabit the land. Property has not been grazed in 5 plus years. Primary access is from CR 262, but CR 264 also borders the property on the west side. North and south fences are in above average condition, while east and west fences will need repaired or replaced.
Property is located about 5 miles northwest of Richland Springs up HWY 45 and about 1 mile off FM 2997. House is on a septic system. Water is supplied by RSUD and electric is provided by Oncor.
Disclaimer: There was a water leak which required remediation by a professional restoration company. Repairs were made and confirmation of the remediation from service company is available upon request.
*Land is PRICED at $6500/ACRE
*House with additional improvements are PRICED at $112 sq.ft. Quotes for finish out of house have ranged from $40-$60 sq.ft. Can finish out the house and still be below current appraisal.
**Seller will consider dividing into smaller tracts (call for pricing if interested in dividing) but acreage with house must sell first.
THIS PROPERTY IS SUBJECT TO PRIOR SALE, CHANGE IN PRICE, OR REMOVAL FROM THE MARKET WITHOUT NOTICE. ALL INFORMATION IS DEEMED TO BE TRUE & CORRECT TO THE BEST OF OUR KNOWLEDGE AND FROM RELIABLE SOURCES. PROPERTY TAXES ARE SUBJECT TO CHANGE ANNUALLY. SAN SABA REALTY OR ITS ASSOCIATES WILL NOT BE HELD LIABLE FOR ANY CHANGES OR DISCREPANCIES.
If there is another broker/agent representing the buyer, they must accompany the
buyer at the initial and all other showings of the property in order to share equally in
the commission. Thank you.
