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518 County Road 1403

Lometa, TX 76853
  • $4,750,000
  • STATUS: Active
  • ID#: 5772256
UPDATED: 80 min ago
$4,750,000
  • 0
    BEDS
  • 153.94
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2016
County:
Area:

School Ratings & Info

Description

153 acres 11 acre vineyard with 7 varieties of grapes Cabernet, Tempernillo, Syrah, Sangiovese, Moverde, Roussanne, Alvarino Vineyard is state of the art with soil drought monitors at 1' and 3', Advanced computer system that turns on the irrigation when the drought monitors recognize dry soil Lazer system to deter bird from getting on the vines Vineyard is high fenced 2400 sqft Tasting Room/Operations facility 3000 sqft Temperature controlled Barrel Room/Storage 3200 sqft Equipment Barn/office/apartment 4800 sqft Outdoor event facility 4 Wells on the property 30 additional acres available for vineyard production turnkey vineyard with all equipment for vineyard production Vineyard will produce approx. 50 tons by 2022 Featured in Texas Monthly as a top 50 new wines in the Fall of 2018. Located just outside of Lampasas and a easy drive from Dallas, Austin and Waco this Hill country gem is perfectly situated on an escarpment that has views of the Texas hill country that will leave you breathless. Property Improvements The property starts out at just over 1360' above sea level and tops out with an area that is just over 1460' above sea level. The native soils are perfect for growing grapes. The vineyards were started in 2016 and are up to full growing capacity and will produce approx. 50 tons of grapes in 2022. There is an additional 30 acres cleared and ready to produce additional grapes in the same soil profile as the current vineyard. There is on home on the 153 acres for sale and is a 1200 sqft ranch home that is 2 stories and is 2 bed/ 1 bath. There are 2 springs on the property and 1 Pond/tank. Business The tasting room over looks the production facility and give an ambiance like no other. The profitable business produced approx. 1500 cases in 2019 and is expected to produce 3000 cases in 2021 and expanding to 6000 cases for 2022. Land/Improvements could be sold without business. $3,500,000

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© 2022 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-05-16T00:02:49.357.
austin.papasanproperties.com/homes/125130993
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518 County Road 1403 Lometa, TX 76853

  • Price: $4,750,000
  • Status: Active
  • On Site: Days
  • Updated: 80 min ago
  • ID#: 5772256
0
Beds
0
Baths
0
½ Baths
153.94
Acres
2016
Built
Neighborhood:
J Doyle Surv Abs #1150
County:
Lampasas
Area:
Lometa
Property Description
153 acres 11 acre vineyard with 7 varieties of grapes Cabernet, Tempernillo, Syrah, Sangiovese, Moverde, Roussanne, Alvarino Vineyard is state of the art with soil drought monitors at 1' and 3', Advanced computer system that turns on the irrigation when the drought monitors recognize dry soil Lazer system to deter bird from getting on the vines Vineyard is high fenced 2400 sqft Tasting Room/Operations facility 3000 sqft Temperature controlled Barrel Room/Storage 3200 sqft Equipment Barn/office/apartment 4800 sqft Outdoor event facility 4 Wells on the property 30 additional acres available for vineyard production turnkey vineyard with all equipment for vineyard production Vineyard will produce approx. 50 tons by 2022 Featured in Texas Monthly as a top 50 new wines in the Fall of 2018. Located just outside of Lampasas and a easy drive from Dallas, Austin and Waco this Hill country gem is perfectly situated on an escarpment that has views of the Texas hill country that will leave you breathless. Property Improvements The property starts out at just over 1360' above sea level and tops out with an area that is just over 1460' above sea level. The native soils are perfect for growing grapes. The vineyards were started in 2016 and are up to full growing capacity and will produce approx. 50 tons of grapes in 2022. There is an additional 30 acres cleared and ready to produce additional grapes in the same soil profile as the current vineyard. There is on home on the 153 acres for sale and is a 1200 sqft ranch home that is 2 stories and is 2 bed/ 1 bath. There are 2 springs on the property and 1 Pond/tank. Business The tasting room over looks the production facility and give an ambiance like no other. The profitable business produced approx. 1500 cases in 2019 and is expected to produce 3000 cases in 2021 and expanding to 6000 cases for 2022. Land/Improvements could be sold without business. $3,500,000
Exterior Features

Attached Garage YN No Bays 4 Construction Materials BlockBrickConcreteFrameMetal SidingStone Foundation Details Slab Garage YN No Other Structures BathroomGuest HouseOutbuildingResidenceStorageWorkshop Parking Features CarportOpenOutsideOversizedPrivateRv Access/Parking Road Surface Type CalicheDirtGravel Topography Level/Hilly Waterfront YN No

Interior Features

Building Area Total 14600 Cooling Electric Flooring ConcreteTileWood Heating Electric

Property Features

Accessibility Features None Additional Parcels YN Yes Building Features Fenced Outside StorageFurnitureMachineryOffice EquipmentOpen SpacePrivate RestroomsPublic RestroomsStorageStorage Area(S)Storage TankTelephone(S)Yard Sprinkler(S) Current Use AgriculturalBar/TavernHuntingRecreationalVineyard Estimated Taxes 6468 Horse YN Yes Listing Terms CashOwner May Carry New Construction YN No Property Condition Resale Property Sub Type Business Sewer Aerobic Septic Special Listing Conditions Standard Utilities Above GroundSewer ConnectedUnderground UtilitiesWater Connected Water Source Well

Property listed by Keller Williams City-View.


© 2022 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-05-16T00:02:49.357.
 
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Papasan Real Estate Team @ Keller Williams Realty
1801 S. Mopac Expwy, Ste 100
Austin TX, 78746