Cash Price: $216,000
Reservation Fee: $900 non-refundable reservation fee secures this property. Reservation fee will be counted toward purchase price and down payment.
BBB A+ Rating Business: we are a Better Business Bureau Greater Houston Accredited A+ rating business! Call/text us today at (970) 420-2440, ask any questions about our listings or purchase processes.
Buyer Due Diligence: we do our best to ensure listing accuracy. However, buyer is responsible to perform their own due diligence and verify all information, contained herein or not, including access and utility accessibility and costs, and physically visit the property. Property is sold “AS IS”.
To visit this 13.55 acres Unrestricted ranch for sale in Otto TX, search FM 1240, Otto, Texas, 76801 within Falls County on your phone. When you are near the land, search “31.39518, -96.76437“ on Google Map to locate one of the corners. Contact our office for surveys (if available), county plat maps, Google Map boundaries and corners, and MapRight.
STEP 1: Google Map for navigation: Google Map Link
STEP 2: Corner and Boundaries: Google Map Link
(when you are near the land, click this link on your phone to open Google Map, the RED BOX shows the land boundary, the FLASHING BLUE DOT shows where you are standing)
Prime Unrestricted Ag land located just near Hwy 6 in Otto, TX only minutes from Waco, College Station, Austin, Houston and Dallas / Ft. Worth.
Seller pays all closing costs!
Located along FM 1240 and close to Hwy 6, the land boasts 780’ of paved county road frontage with minimal traffic and surrounded by large landowners. This ranchette is completely turn-key with title insurance, 100% of the Full Mineral Rights to carry, water meter, and a gated driveway complete with 2 raised RV pad(s) and fully fenced.
We have installed a new corrugated metal culvert along the county road and a 24’ wide gravel pad at the gate entrance. The locked cattle gate lets you in – please call us for the gate code. The first gravel pad runs a length of 180 feet from the County Road to the interior of the property, going West to East. An additional pad was run south-bound a length of 96 feet and 26 feet wide perpendicular to the Northern pad.
This configuration allows ease of drive-in, back-up, and drive-out for rigs of all sizes and associated toys. We have test driven an 18 wheeler driving into the lot, backing up and driving outward.
Next, we brought in an excavator and dug out and re-shaped the pond on the property to an approximate 100’ x 100’ (quarter-acre) size. We designed a spillway to come off the drainage ditch at the road to fill the pond with fresh water during seasonal rainfall. There is an excellent opportunity to introduce a fish population in this pond to enjoy bass, perch or catfish as sustainable species. Contact us for referrals to wildlife biologists that can come out and assist with a pond management plan for free.
The property is fully fenced and features privacy post oak trees along the perimeter of the west, south and eastern fence lines for great privacy. A new survey is available upon request.
A new water meter has been installed roughly 20’ inside of the northwest corner gate. The meter is serviced by the Tri-County 4” line that runs along FM 1240 and is ready to go. We conducted a water study on this meter with Goodwin, Laister & Strong Engineering and this line is producing 100 PSI under normal conditions. Only $100 tap-in fee to activate service.
Cell service is excellent with good speeds from Verizon, AT&T & T-Mobile allowing you to run a home hotspot.
This family ranch has been passed down in a direct family line over the past 3 generations and has maintained mineral ownership throughout. The original purchaser, Mr. F. H. Strangemeyer bought a set of larger tracts in this area in 1927 and was warrantied all surface and mineral rights at that time.
Our examination of title history shows the mineral royalty remaining intact at 100% throughout the known ownership. An oil and gas lease appeared to briefly operate here in the 1980s but the production rates are unknown. A full examination through a licensed Landman would be required in order to lease the premises to oil and gas production. This is typically performed by prospective lessees before property owners are approached. Buyers are advised to perform their own due diligence and satisfy themselves with the validity of our research. Property is sold “AS IS”.
The land is in agricultural exemption with a cattle lease and hay production to keep the property taxes low. Future owners can opt to retain the ag exemption and keep taxes low or remove the lease and do what they want.
Electric Utility: Call Navasota Valley Electric at (979- 828-3232)
Water Utility: Call Tri-County Water Supply at (254-803-3553). Meter Installation Complete. Only $100 activation fee to start service.
CenTex Web Access is a web service provider located in Marlin, Texas. Their address is 121 Live Oak St., Marlin, TX 76661. They can be reached by phone at 254-804-0000.
Speed Net Broadband offers fast and reliable internet services in Riesel, TX with speeds ranging from 10 Mbps to 300 Mbps. The company uses an extended-range network and provides 4G/5G/fixed wireless options. The monthly cost is $49.99 and customers can reach out to the company via their (website) or phone number 888-908-8323.
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