East Rim Ranch
Alpine, TX
Offered at $4,950,000 ($996/Acre)
4,900+ Acres of Unencumbered Ranch Land, Ready to Develop, Near Big Bend National Park and Alpine, Texas.
Investment Highlights:
- Entire property includes unrestricted and unencumbered land. All parcels of the property have potential to be developed with limited or no permit & entitlements.
- Wide range of uses for future owner – Glamping accommodations, campground, hunting ranch, guest ranch, private ranch, wildlife viewing, nature conservation.
- Extensive improvements have been made over the last 17 years of ownership – Roads, water wells and water storage, network of water lines, wildlife feeders.
- Existing improvements and no land restrictions allow for short timeline to develop post-closing.
- Limited accommodations surrounding Big Bend National Park, many less than five units and often sold out for months of the year.
- Annual cost of ownership averages $17,300 per year – Annual typical costs: $4,800 neighbor inspections, $6,000 wildlife feed, $5,000 road repair and maintenance, $1,500 property taxes for all 4,970 acres.
- Property has ideal neighbors with limited individual owners and no major changes on parcels in several decades.
- Land values over the last 70 years in this region have steadily increased, doubling in value approximately every 10 years.
Links
Crexi listing & due diligence box
For more information:
Jesse Pine
Broker
jessepine@naiohb.com
Direct +1 (970) 379-5551