2991 FM 470, BANDERA, TX 78003

Homes for sale in Bandera.

Homes for sale in 78003.


2991 Fm 470

Bandera, TX 78003

Active

List Price$1,995,000

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Listing #1935676

Lots / Land

Type

About This Property

Cypress Springs Ranch consists of 97 +/- acres with beautiful cypress-lined live water and features three commercially permitted water wells for public water supply, allowing up to a total of 36 acre-feet of water annually. This property is located approximately 5 +/- miles from Bandera, Texas, known as the Cowboy Capital of the World. This waterfront land makes for an incredible multi-use ranch, including potential for rural development or a luxury resort-style RV and glamping site (ask the broker for a preliminary concept plan). The ranch features both sides of the dammed-up, crystal-clear, cypress-lined Cypress Spring Creek, panoramic views with multiple building sites, tall mature trees, abundant wildlife, and lush pastures. Cypress Springs Ranch has multiple ideal home sites offering gorgeous views of the surrounding Hill Country. This ranch is a recreational retreat in a nicely secluded yet easily accessible location, offering endless adventure for outdoor enthusiasts. Cypress Springs Ranch is located in the southern portion of Central Texas, known as the Texas Hill Country. Bandera, Texas is approximately 53 miles from San Antonio and 118 miles from Austin. Central Texas has experienced significant population growth and attraction over the past several years, making this ranch a great place to enjoy with strong investment potential. Wildlife found on the ranch include Axis deer, whitetail deer, Rio Grande turkey, and other typical native species. The property has been managed under a wildlife management plan that maintains the wildlife exemption. Upon entering the property from the paved county road, you'll find level ground transitioning into approximately eight acres of gently sloping terrain as you descend toward the creek bed and cross the concrete drive over the dam. The ranch features two large, fairly level fields ideal for horseback riding, grazing several horses, or agricultural production. On the southeast side of the property, a scenic ridge stretches toward the back of the ranch, covered in mature trees and offering excellent building sites. The southwest portion features a draw that meanders through the property and leads down to Cypress Springs Creek, a favorite area for roaming wildlife. Elevations range from approximately 1,380 feet to the highest point at 1,450 feet. Most of the cedar has been cleared from the property, resulting in well-maintained, improved pastureland that is flat and level. A nicely constructed concrete drive crosses over the dam. Cypress Springs Ranch features approximately 700 +/- feet of both sides of clear, year-round Cypress Springs Creek. A well-constructed dam holds back an ample amount of water. The ranch also includes three permitted water wells, each pumping 17.45 GPM and permitted for a maximum of 12 acre-feet annually. Additionally, a windmill well supplies water to a small pond for cattle and wildlife.

Listing Courtesy of Louis Swope, West and Swope Ranches (512) 940-0543

Property Features

Location Information

County

Bandera

Location

Waterfront, Hill Country View, Water View, Level, Creek

MLS Area

2400

Subdivision

NA

Exterior Features

Utilities Available

Other

Topography

Level, Gentle Slope

Utilities On Site

Well

Lot Size in Acres

97

Trees

Few

Zoning

NA

Lot Size

97

Improvements

Other

Lot Description

Improved, Partial Cleared

School

School District

Bandera Isd

Jr. High School

Call District

Elementary School

Call District

High School

Call District

Additional Information

Property Type

LL

Miscellaneous

Partial Flood Plain

Status

Active

Documents Available

Other

Restrictions

Call Broker

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Mortgage Calculator

$9,316

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$7,189

Monthly Tax

$1,662

Monthly Insurance

$465

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

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