110 Acres in Brady, TX - $640,000
Summary. This is attractive Hill Country acreage, with a beautiful view of Brady Lake. The acreage is as close as about 400 feet from the lake, and no more than approximately half a mile from the shore.
The City of Brady has owned the acreage since 1963, and there are no structures on the property. The property has approximately three quarters of a mile of road frontage on State FM 3022.
Terrain. The terrain is gently rolling, and has mesquite and live oak trees, along with native brush and grasses.
Improvements. The City has an 8 inch water main crossing the acreage, and power lines are at the front and back of the property.
Wildlife. Whitetail deer and free ranging Axis deer inhabit this place.
Minerals. Mineral ownership will not be known until title work is completed.
Price. A recent appraisal put the value at $640,000. The City cannot accept a bid for less than that amount....
Price. A recent appraisal put the value at $640,000. The City cannot accept a bid for less than that amount.
Comments. This is zoned as a Lake Recreation District, which has property use limitations for residential purposes. The City is amenable to rezoning, which should remove those limitations. The City of Brady has subdivision regulations. Approximately 5.571 acres is within the 1,762 foot emergency spillway elevation of Brady Lake. Great development potential !!
The deadline for offers is December 19, 2022 !
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