—SOLD—

234.53± Acres
$4,995,000

Fischer, Texas
Comal County

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RARE GEM | CEDAR CLEARED | EXPANSIVE VIEWS
ONLY 10 MIN FROM CANYON LAKE MARINA

Another FINE Texas Property

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Overview

234.53 acres raw land with direct access off FM 32 in Comal County, TX. Driving Directions: From San Marcos FM 32 West past Canyon Lake High School to subject property on left. Address: 0 Farm to Market 32, Fischer, TX 78623 (not yet assigned).

Water / Utilities

There is a water line running along the South border of the property. Buyer to verify the possible availability & use of this water line. Average annual rainfall is 33.2” for the local area. Groundwater in the surrounding area is good.

Land & Wildlife

This ranch offers an excellent location in Comal County between Fischer and San Marcos just a few minutes from Canyon Lake High School. Large bulk parcels in Comal County are becoming a rare gem. The property offers excellent long range views and valley views with multiple 1,200+ hilltop elevations. Extensive cedar clearing has been done to open up the views and showcase the excellent oak varieties of tree cover. An interior artery road was also cleared to access this ranch. Exterior fencing (North line) is currently being completed. Whitetail deer, wild turkey, feral hogs & other native Texas wildlife can be observed on the property.

Summary

Comal 234 Ranch is an excellent investment opportunity in the high demand growth corridor of Comal County. With low carrying cost this would make a great mid term hold investment, legacy ranch or potential ranchette development.

Financial / Title

COMAL 234 RANCH, as described herein (234.53± ac), is offered at $4,995,000 ($21,298/ac) in Cash or at Terms acceptable solely at the discretion of the Seller. The conditions of sale are as follows:

Offers to purchase or letters of intent must be in writing and accompanied by 1.00% of the purchase price to the escrow account at Guardian Title Co. of Blanco, TX.
All Prospective Buyers must demonstrate to the satisfaction of the Seller, absolute financial capability to purchase the Ranch prior to scheduling an inspection of the Ranch.
Current owner will offer basic title insurance and existing survey (December 2022).
Light owner restrictions will be placed on the property to protect adjoining family land. The property will be restricted to subdividing into no more than 12 parcels with no more than 5 running along the northern adjoining property fence line.
There is a TXDOT permitted entrance document off FM 32.
The property carries a current Ag exemption with Comal County via cattle grazing.
The estimated 2022 ag-exempt property taxes are $119.93 (per Comal CAD).

Restrictions

THE FOLLOWING IS A PROPOSED LIST OF DEED RESTRICTIONS RELATIVE TO THE SALE OF THE EDMOND RANCH PROPERTY, FM 32, FISCHER, TX.

RESIDENTIAL SINGLE-FAMILY USE ONLY, NO COMMERCIAL ACTIVITIES WILL BE ALLOWED. THIS INCLUDES HOUSES OF WORSHIP.
NO MOBILE HOMES, RECREATIONAL VEHICLES OR MOBILE HOMES ALLOWED NOR, HABITABLE AT ANY TIME EVEN DURING CONSTRUCTION.
NO ANIMAL DOG KENNELS OR BREEDING OF DOMESTIC ANIMALS. GOATS ARE PROHIBITED.
ALL OUTDOOR LIGHTING IS REQUIRED TO BE SHIELDED EXCEPT FOR INCANDESCENT LIGHTING OF 150W OR LESS. NO METAL HALIDE, MERCURY OR SODIUM VAPOR OR QUARTZ LIGHTING IS ALLOWED. FREE STANDING LIGHTS ARE NOT TO EXCEED 15’ IN HEIGHT.
A 5 STRAND BARBED WIRE OR GAME FENCE WILL BE REQUIRED THE ENTIRE LENGTH OF THE PROPERTY (SOUTH SIDE) AS IT ABUTS THE ADJACENT EDMOND RANCH PRIOR TO THE ISSUANCE OF THE FIRST CERTIFICATE OF OCCUPANCY.
THE 234.53 ACRE SUBJECT PROPERTY SHALL NOT BE SUBDIVIDED AND DEED RESTRICTED TO NOT MORE THAN 12 PROPERTIES OF EQUAL ACREAGE (NOT MORE THAN 5 ALONG NORTHERN BOUNDARY OF THE SUBJECT PROPERTY).
THE SUBJECT PROPERTY IS BEING SOLD ON AN AS-IS WHERE-IS BASIS.
DEED RESTRICTIONS SHALL BE RECORDED AT THE CLOSING OF A SALE IN COMAL COUNTY, TX.