$2,850,000
For Sale

875 gypsum mine

Fredericksburg, TX 78624
Type:Purchase
Structure:Farm
Zone:Residential

Description

Beautiful 199.82 ac. ranch is located less than 9 miles northwest of Fredericksburg in the Cherry Mountain/Gypsum Mine area. The ranch features a wide array of areas with thick shin oak brush cover, open pastureland, and fallow fields - previously cultivated and having gone back to native grass. The brush area of the ranch with its gentle arroyos lends itself to good wildlife habitat. Some of the ranch, 43 acres, is under lease to the gypsum mine. Currently, the mine is not operating. About 20 acres of the 43 acres is open or has been sloped over. About 23 acres of the 43 acres has been covered up and leveled off by the mining company. The 20 +/- acres might add to an owner's recreational use for off-roading and shooting range. The ranch is served by Central Texas Electric Cooperative and a private water well.

  • Property Details
      • Property SubtypeFarm/Ranch
      • Property TypePurchase
      • MLS #1850501
      • Cost2850000
      • MLS #1850501

Location

Christine MorseReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

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2.6%
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