$682,500

ONE OF THE FINEST WATERFRONT/AG EXEMPT OFFERINGS IN JOHNSON CITY! Unique property that offers privacy, seclusion & gated access to an exclusive community. Access to the subdivision is paved & beautifully gated offering privacy to this small community of property owners (total of 15 lots). The lot for sale is nearly 10 acres & provides plenty of 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 great 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 in 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 @ $70K/acre. Lot 4 offered @ $50K/acre.