$1,499,000
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144.36 Acres Lot
SOLD DATE : 08/04/2023
Key Details
Property Type Vacant Land
Sub Type Lot
Listing Status Sold
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 5216017
Sold Date 08/04/23
Originating Board actris
Tax Year 2022
Lot Size 144.360 Acres
Property Description
Wilbarger Creek Preserve is a country oasis located in Elgin, TX, in Bastrop County, about 30 minutes east of downtown Austin. This 144-acre land tract for sale presents a 19.41-acre building envelope with the balance of the property protected by a conservation easement. The property has been perpetually lifted so the indigenous flora and fauna can continue to thrive as a balanced ecosystem. Enjoy the sights and sounds of songbirds, and whitetail deer, as they forage along your very own stretch of Wilbarger Creek. Ducks and other species of waterfowl thrive in this wetlands sanctuary. The conservation easement is multifaceted and serves as a recreational property and nature preserve. In addition, it could serve as an estate planning tool to greatly reduce the size of your estate and lower your potential tax liabilities.* The Preserve offers a recreational retreat with a site for a custom home or lodge built within the designated building envelope. Play host to family and friends or even host a corporate retreat with your colleagues in this large, park-like setting. Outdoors types will enjoy harvesting deer or ducks or dropping a line in the pond and catching fish for a true field-to-table dining experience. The conservation easement protects this property from becoming a residential development or a shopping mall. Future generations can enjoy it for many years to come.
*Please be advised to seek the advice of an accountant or tax attorney regarding tax liabilities.
Location
State TX
County Bastrop
Zoning Building envelope
Interior
Fireplace N
Exterior
Exterior Feature None
Fence Barbed Wire, Gate, Partial
Community Features None
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront Description Creek, Pond, Stream
View Creek/Stream, Pond
Building
Lot Description Irregular Lot, Private, Rolling Slope, Trees-Moderate, Wetlands
Sewer See Remarks
Water See Remarks
New Construction No
Schools
Elementary Schools Elgin
Middle Schools Elgin
High Schools Elgin
Others
Restrictions Easement,See Remarks
Acceptable Financing Cash, Conventional
Tax Rate 2.1523
Listing Terms Cash, Conventional
Special Listing Condition Standard
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