Frio Estates Lot 19
Property Details
Summary
Lot 19 features 4.52± acres with a 0.5± acre tank. Frio Estates is a newly-developed subdivision located between Moore and Pearsall, Texas, with easy access to IH-35. The subdivision offers 44 move-in-ready packages, move-on-ready lots, and build-ready 1.5± to 15.75± wooded acre lots. All-weather roads and electricity are in place. Owners will need to install septic systems. Reasonable HOA restrictions do apply.
OVERVIEW
The second largest lot in Frio Estates - Lot 19 is 4.52± acres with a 0.5± acre pond. This newly-developed subdivision is located between Moore and Pearsall, Texas, offering 44 move-in-ready packages, move-on-ready lots, and build-ready 1.5± to 15.75± wooded acre lots. Offers easy access into San Antonio on IH-35. Lot 19 is mostly brush with a 0.5± acre surface tank, which is rare for being in a subdivision. All-weather subdivision roads and electricity are in place. There are reasonable HOA restrictions. Owners will need to install septic systems. Third-party financing is available for qualified applicants. Contact the listing agent for updated available lots and prices.
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
Lot 19 has plentiful native South Texas brush and mesquite trees. The lot also features a rare 0.5± acre surface tank. Many lots are flat, with some lots having some slope in this subdivision. The red sandy loam dirt is very fertile and desirable.
IMPROVEMENTS
All lots are accessible by an all-weather road, and Medina Electric Co-op utility lines front each lot. Lot 19 does not have a water well in place. 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.
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.
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, 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.
SPECIALIZED FINANCING AVAILABLE; ASK LENDER FOR DETAILS.
15-year fixed rate with 15% down.
20-year fixed rate with 20% down.
25-year fixed rate with 25% down.
Lender can roll improvements into loan; competitive rates with no prepayment penalty.
Interactive Map
Inquire About this Property
Texas Ranches For Sale, as Broker, asserts that the information contained herein is submitted without representation or warranty. All information is subject to error, omission, price change, changes in terms and conditions, prior sale, withdrawal from the market without notice, etc. Buyers verify assertions. Appointments for viewing are to be scheduled with Texas Ranches For Sale. Shown by appointment only. Buyer’s brokers must be identified on first contact and must accompany buying prospect on first showing to be allowed full fee participation. If this condition is not met, fee participation will be at the sole discretion of Texas Ranches For Sale, Broker.
Property Details
OVERVIEW
Property Features
Investment Considerations
