Having approximately 1900 feet of Hwy 90 frontage just east of the City Limits of Uvalde Texas, this ALL or Part of a 51 Acre tract is located on the south side of Hwy 90.
Price and Terms:
Minimum size tract 10.01 Acres - $35,000 per Acre.
Cash is always a preferred method of payment, however, the Seller will be open to review any Seller financed options. The Seller's suggestions for any Seller financing are as follows: 33% Down with Seller carrying a first lien amortized note from 15-30 years ballooned in 5-10 years. Interest rate is commencerate +2% to Capital Farm Credit or Land Banks current interest rate. Seller will be attaching Deed Restrictions to this property upon sale to assist in maintaining Seller's contiguous property value.
Highest and Best Use: 1. Commercial Value with Hwy 90 frontage - within a short distance from the expanding City of Uvalde Texas, Super Walmart, Hotels, Strip Malls and other fine businesses 2. Agricultural Farm Land - Property was once an old field of approx 50 Acres with high Quality Farm Land.
Property: This 51.46 Acre Tract is approx 50 Acres of field with approx 11 acres of elevated non field area lying at the eastern side of the property.
Conditions of Sale: Seller is selling this property "AS IS" Condition with the purchaser responsible for any City, County, or State subdivision/development requirements. This property is located in the jurisdiction of the Edwards Aquifer Authority and Purchaser will be responsible to adhere and follow any requirement of their authority (which may require purchaser to purchase/lease water rights prior to drilling and using water well(s) on the property).
Seller will convey this property by a metes and bounds description and purchaser shall be responsible for subdivision or developemnt requirements by any authority.
Property located on the south side of Hwy 90 on the East side of the City of Uvalde Texas. Look for Randy Hutto, Reatlor Sign.