7976 Fm 2766 Johnson City, TX 78636
This exceptional 844-acre ranch in Blanco County, Texas, offers unparalleled recreational opportunities and development potential. Located just minutes from Johnson City, the property boasts year-round live water from Miller Creek, which traverses approximately 4,400 feet of the southwestern section, featuring springs and deep-water pockets. The ranch features a well-established road system providing access to diverse terrain, including hilltop mesas reaching 1,100 feet elevation with spectacular views, open pastures ideal for building, and a picturesque pecan bottom along the creek. The abundant wildlife includes whitetail deer, Rio Grande turkey, hogs, and doves. The property has approximately one mile of frontage on FM 2766 (TXDOT maintained) and another mile on Yeager Creek Road (county maintained). Unrestricted use allows for ranching, agriculture, investment, or development into ranchette-style tracts. Conveniently located near Johnson City, Dripping Springs, Fredericksburg, Austin, and San Antonio, this versatile property presents a unique investment opportunity. The eastern side features a wet-weather creek and a functional windmill. The property's diverse terrain and abundant wildlife make it a perfect recreational retreat or a sound investment. The asking price is $21,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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