Pearsall, TX 78061 - Frio County

DESCRIPTION

The Frio Estates is a newly-developed subdivision located between Moore and Pearsall, Texas, offering move-in-ready manufactured packages, move-on-ready, and build-ready 1.5+/- to 15.75+/- wooded acre lots with easy access into San Antonio off IH-35. All weather roads and electric lines are in place. Some lots already have water wells on site and double-wide manufactured homes installed. All lots are available now with owner financing terms.

LOCATION

Quick access off I-35 frontage road, Frio Estates is only 5.8+/- miles south of Moore, Texas, just before Pearsall, and 47+/- miles from downtown San Antonio.

LAND

Each lot is fully wooded with native South Texas brush and mesquite trees. Many lots are flat, with some lots having some slope. The red sandy loam dirt is very fertile and highly desirable. Lots range from 1.5+/- to 15.75+/- acres with the ability to purchase multiple lots together.

IMPROVEMENTS

All lots are accessible by an all-weather road, and Medina Electric Co-op utility lines front each lot. Lots 3, 6, 29, 30, 43, and 44 have water wells. For lots that do not have water wells, the Seller is willing to have them drilled and add the cost to the lot price, or the Buyer can have one drilled when they wish. Completed water wells with pressure pumps and tanks are currently running $23,000 to 25,000, depending on the actual depth. The Buyer will need to have septic systems installed.

DEED RESTRICTIONS AND HOA

The HOA fee is $300 annually. Notable deed restrictions include: No hunting or firearm shooting, all homes must be manufactured, modular, site built or barn-dominium, no commercial businesses, no 18-wheeler tractor-trailer parking, only one single-family dwelling per lot, and homes must be a minimum of 1,200 sf. Pets and animals are permitted with limits. A full version of deed restrictions is available through the listing agent.

LOT PRICING

1.5 acre tracts - $53,550

3-4 acre tracts - $67,500 to $74,250

4-5 acre tracts - $74,250 to $89,550

Lot 19 - 5.34 acres with small tank - $142,025

Lot 27 15.75 acres with 1+/- acre tank, 8 cased water well, metal barn - $299,500

Sold Lots 29 and 30

Turnkey lots with manufactured home packages and water wells Lots 3 and 6 are $246,525.

Completed water wells on lots: 3, 6, 29, 30, 43, and 44 will be added to the lot price ranging from $23,000 to $25,000, depending on the actual well depth on that lot.

WILDLIFE

This area of South Texas is flush with native wildlife such as whitetail deer, wild hogs, quail, dove, and Rio Grande turkey, though deed restrictions do not allow hunting.

WATER

Each lot owner is responsible for completing a water well and installing a septic system. Lots 3, 6, 29, 30, 43, and 44 have newly-completed water wells.