$580,125 Price Analysis 356 One River PtJohnson City, TX 78636 Unknown bed 0 bath unknown SqFt ($0/SqFt) 9.75 acre lot. Listed 2024-04-25 | Ⓧ USDA Ineligible due to property near Johnson City |
Unique property that offers privacy, seclusion and gated access to an exclusive community. Access to the subdivision is paved and beautifully gated offering privacy to this small community of property owners (total of 15 lots). The lot for sale is nearly 10 acres and provides plenty f space to spread out & add multiple structures. If you want more room, two (2) adjacent lots are available for sale & provide almost 30 acres of seclusion & increased river frontage. This lot offers fantastic long views (sunsets) & multiple build sites above the flood plain with a view of the river. A unique feature to this property is the Pedernales River is one of the few limestone bottom rivers in Texas that provides crystal clear water. What is not always appreciated is that the Pedernales River is a non-navigable river.
Therefore, it has little public access (no tubers) & there is virtually no river trash. The property line extends to the middle of the river. So, you have full access to your piece of the Pedernales River to enjoy deep holes, channels & rapids. Furthermore, the current property is managed under a Wildlife Exemption & benefits significantly from lowered property taxes. This reduces the land taxes to Agricultural value ($15/yr). Under current tax rates, this amounts to a reduction i n annual property taxes of $10K/year. If amortized over 30 years, this results in a saving of 120K (or $12k/acre). Beyond taxes, the property has been selectively cleared of cedar & prickly pear cactus to showcase the natural beauty of the river & the Texas Hill Country. It also has infrastructure (equipment) in place to support supplemental water, supplemental feed & habitat for wildlife. Finally, it is in the sweet spot of the Texas Hill Country as it is proximal to Austin, San Antonio & Fredericksburg. Lots adjoining are also for sale (lot 14) - listed at $70K/acre. Lot 4 offered at $50K/acre.
Presented by Mary Elwell at
The Damron Group REALTORS.
Property MLS #541964 from CentralTexas
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.