$475,000 Hondo, This 120.97 acre ranch is located between and Bandera in Hondo, Texas

This 120.97 acre ranch is located between Hondo and Bandera in the beautiful Texas Hill Country. The property is about 9 mi. N or Hondo on Hwy 173 and about 4 mi. on CR241 to CRxxxx. The entrance to Peachtree Ranch is a dramatic hill top with an electronic gate. There is NO Homeowners Assn.; however, all landowners annually contribute to the Road Maintenance Agreement, benefitting the common roads (easements) of Peachtree Ranch. The official address of the property is 361 PR xxxx, Hondo, Tx. This is entirely in Medina County. The 120 acre property is the northwestern boundary of Peachtree Ranch. It is well-fenced with 5 strand barbed wire fencing. The interior roads are in very good shape and make it easy to get around the ranch. The main road leads to an incredible hill top homesite with a fantastic 360 degree view. The water well is believed to be in the Glen Rose Aquifer. It is about xxxx deep (water level is about 300). The well is in a frame building. The new septic system is state-of-the-art. Electricity is available across the property, provided by Bandera Electric Co-op. This is in the Hondo Independent School District and school bus service is available. The property sports a wildlife exemption for tax purposes. The water catchment system is located in the lower portion of the property and provides water for the wildlife. There are whitetail deer, exotics, turkey and hogs throughout the property. This area is renowned for hunting. PRICE