TexasWaterFrontRanches

Horses in the Lush Fields

Imagine turning your horses out onto the 50 acres lush grasses in soft, sandy loam soil of this magnificent luxury ranch located in McDade, TX. Green rolling hills provide the perfect backdrop to the stunning 6,800+ SF home with stables and barn.

Home on Property

Looking for more land? Up to 373 additional acres are available to make this horse paradise in a one-of-a-kind setting.
Find out more about this stunning property.

Last week, the Lower Colorado River Authority (LCRA) announced they’d be sending mail to some 5,000 residents living within 500 feet of the Highland Lakes. It includes an application for a Domestic Water Use Contract, and a reminder that residents are required to have a contract with the LCRA before taking and using water stored in the lakes.

Often met with resistance, the LCRA says their objective is not to make money, or to bar homeowners from using lake water to water their lawns or use inside the home. Rather, the LCRA uses these records to monitor water use and plan in times of drought and to keep open the lines of communication between residents and the LCRA. Says Mark Jordan of River Management: “It is a common misconception that lakeside residents have a right to take and use water from the lake. This is not true. Residents are required to have contracts with LCRA to take water that LCRA has stored in the Highland Lakes. These contracts help us manage and account for water use to meet existing and future water demands.”

Lake Buchanan

The LCRA is attempting to make this easier and understandable with public awareness campaigns and an option to apply online. More information and a copy of the application are available here. The lakes involved in this contract are Lake Buchanan, Lake Inks, Lake LBJ, Lake Marble Falls, Lake Travis and Lake Austin.  Town Lake/Lady Bird Lake is not included (it is monitored separately by the City of Austin, not the LCRA, and not technically one of the Highland Lakes). A contract lasts for three years, and is a firm contract (meaning water will be reserved even in severe drought). According to the LCRA, those who don’t sign a contract and take water may be subject to civil or criminal charges.

Pictured: Lake Buchanan from the Lake Buchanan Estate

Lake Buchanan View

This distinctive lakefront estate home on Lake Buchanan has huge waterfront views and 800 feet of shoreline, making it one of the most spectacular waterfront properties on the lake.

Sitting on 7.15 manicured acres, the 8,900 square foot main home includes cathedral ceilings, hand scraped wood floors and state-of-the-art features. Along with Lutron lighting, a whole home sound and security system, the home has an elevator running from the sub floor to second floor.

Front of Estate

Inside the gourmet kitchen are granite counters, a beautiful breakfast bar, a center island, high end appliances, and a pantry with a secret passage to the upstairs bedroom. A separate breakfast area has big windows with those stunning lake views.

The family room features a gas fireplace, built in surround and lake views from the wall of windows. The main floor balcony has a full outdoor kitchen, dining area and wood burning fireplace. The formal dining room has wood floors and entrance to covered balcony.

Deck View

A library features a gas fireplace and built-ins, and the study attached to the library has built-ins and a secret passage to the master suite. The master suite features a gas fireplace, built-ins, and doors to a private balcony with a stone wood burning fireplace. The well-appointed master bath has a walk-in shower, his-and-hers vanities and a garden tub with fantastic lake views. The master suite also features a walk-through closet, separate utility room and separate hobby room or living area.

A second bedroom suite features a living area, built-in study, sitting area and bath with garden tub and separate shower. A third bedroom also includes an en-suite bath.

The media room is wired for projector and surround system. The big game room includes wet bar, and a covered patio outside the game room with fireplace. Other features of the house include a climate controlled stone wine room, mirrored exercise room with damage resistant rubber floors, and separate entry guest apartment with kitchen and full bath.

Back of Home

Three levels of balconies, each with fireplace, offer big views of the lake and pool, with a two story waterslide. Stone decking and pergola surround the pool, waterslide and spa. There are also big lake views from the separate artist’s studio with full bath and screened in porch.

The property also includes an air-conditioned workshop with nine foot bay doors, half bath and big work area. A separate stone home includes a living room with fireplace, big kitchen, utility rooms, and two bedrooms each with en-suite bath. The manicured grounds feature wooded riding trails, mature pines and oaks, and several gardens, with an easy walk to the Lake Buchanan shoreline with main body and cove frontage.

You can take a tour right now of this amazing property.

Original homestead on 26 acres in quiet area of San Marcos, with modern upgrades. Beautiful cleared land under big skies and minutes to town.

• 26 Acres in quiet area of San Marcos
• 2,468 SF two story home with 3 bed, 2.5 bath
• Remodel includes many energy efficient upgrades
• Country kitchen with Corian type counters, dishwasher, free standing range, refrigerator and breakfast area
• Formal dining room
• Foyer at entry
  

  Water Tower

• Family room at front of original home
• 3rd living in addition includes closet for media storage
• 4th living/game area
• New master suite with sitting area, walk-in closet
• New garden tub and separate shower
• Two separate bedrooms share full bath
• Utility room with washer/dryer
• Two car garage
• Big insulated barn with bay doors for equipment, cars
• Pole barn with storage area for livestock
• Second covered barn for hay storage
• Livestock and electric fencing keeps livestock in separate pastures
• Panoramic Views
• Central Air/Heat
• Original well and water tower make this a picturesque Texas homestead
• Minutes to I-35, downtown San Marcos.

See the listing or virtual tour for more on this great homestead.

Hickory Creek Ranch

According to the Wall Street Journal’s article (Green Acres is the Place to Be, 12/2), many new buyers are looking at rural land who weren’t before.

The reasons vary, but the result is definite: rural areas are growing in popularity. One of the most common motivations for buying rural land deals with the pocketbook: in the uncertain economy, land is standing out as a great investment. Many, expecially young singles, have been squirreling away savings, and are starting to look at something that they feel is going to be a more solid investment and a safer, surer bet than the stock market or even a 401(k).  Land is a great asset, and even small plots have appeal to these “starter” groups. It’s “a hedge against an unpredictable future,” the Journal says. Also, the rural market is often stronger than the residential market, and so more rural land can be a great deal over real estate closer to, or in, a city. It’s proving to be a good option whether or not you plan to live on the land.

Hill Country Hideaway

Another group of people looking at farms and ranches are people with more of a “back to their roots” mentality - interested in getting away from the rat race and pace of the city, and to a daily routine involving farming and ranching. This is a wide range of people with everyone from young families looking to get their kids involved, to empty-nesters and retirees who have spent entire careers in an urban environment. They enjoy making money, self sustaining, living green, or just having the fun of this lifestyle as a complete change of pace from what they were used to. “It’s a little like the pioneer spirit,” says one editor, “they still want high-speed Internet but want to feel like they are doing something else for their families.”

Cow Creek Ranch

Some are looking for a way to get away from the city while still being close enough to work, and others may have been forced away from work and are looking to the next opportunity. For many, living on a Texas ranch is something they’ve “always wanted to do.” But for whatever reason, now seems to be the time that so many are feeling the motivation to give ranch life a try.

Dave Murray is your expert in central Texas ranch properties, as well as waterfront, luxury and development. Serving all your real estate needs from first time buyers to relocation, his team is the #1 Team in the #1 Colwell Banker Texas office, and top 10 of all Realtors in the greater Austin area.

Thanksgiving has come and gone, and many households are starting to decorate their homes for the holidays. Soon, our streets and neighborhoods should be filled with twinkling holiday lights. If lights are part of your holiday traditions, this year, LED lights offer a new option to save energy, save money on your bills, and more.

What are LED lights? LED is an acronym for “light emitting diode.” Lights are traditionally miniature incandescent bulbs, with a filament inside them. Basically, LED lights do not have this filament, but rather, are lit by moving electrons in semiconductor material.

These have many advantages. For one, they don’t burn as hot, making them safer, and cool to the touch. They can be encased in a plastic material, instead of the thin glass that older lights are made of, making them harder to break. The wires are thicker, making them harder to tangle. They last longer, sometimes 20 years. And of course, they save energy – using around 80% less energy than traditional lights.

LED technology has been around for a while, but has only caught on for holiday lighting in recent years. Now they come in all colors, and can blink. The past three years have seen LED lights grow more and more popular – they have been used on the Rockefeller Center tree since 2007.

Miller Creek Ranch

What are the disadvantages to LED lights? They cost more upfront, for one. You can expect to pay two or three dollars more, per strand. The main complaint with the lights is the appearance – the glow is just different, and some don’t like it. But as we get more used to seeing these lights, the safety and efficiency is something we can all feel good about seeing this holiday season.

Photo: Miller Creek Ranch

Read more:

Wise Geek’s LED article

“What We Are Decking the Halls With: LED Christmas Lights” from the Omaha World Herald

Sandy Ranch

CNN Money’s article “What Housing Bust?” covers what areas of the nation have done well in the housing market, and why. According to writer Les Christie, areas with plenty of available developable land have smaller swings between home price highs and lows. This is because, when the demand for housing spikes, home builders are able to build more homes and keep the housing prices in check. Speed is also of the essence here, home builders need to be able to build quickly, thus, the need for available land.

“Elasticity of supply,” this is called, according to Mark Fleming, chief economist for First American CoreLogic. And Christie says, it is the definition of Texas real estate, and similar throughout all the metro areas.

“Texas is the poster child for these ‘steady Eddie’ states. House prices during the past three years rose in all 26 metro areas with gains ranging from 2.8% for Dallas, the second largest metro area, to 9.7% in Houston, the largest, to a whopping 32.5% in Odessa.”

This is part of what is causing the metro areas in Texas, including Austin, to grow so rapidly. Landowners in the Austin area should continue to see their investments in high demand for buyers and developers.

A new rule approved by the Texas Department of Insurance and adopted in August allows title insurance companies to take a “Blanket Exception” on their responsibility to determine whether a landowner owns the mineral rights to their property. Under the rule, title insurance companies no longer have to do extra title searches on a property, and it also may protect them from legal action.

The new rule will make it harder for landowners to determine if they own the mineral rights on their property, but may not lead to a discounted price with (arguably) reduced coverage. A panel of judges have held a hearing in the past few weeks regarding insurance rates, and are currently reviewing paperwork and evidence. Insurance industry groups are seeking an increase in title insurance rates, while the Office of Public Insurance Counsel (which represents consumers) agrees with the new rule, but is seeking a rate decrease. Title insurance rates are typically higher in Texas than other states, and are set by the Insurance Department. The decision by the panel will come in November.

Title companies say that forcing them to insure mineral rights statewide on every piece of property they insured would be too high of a cost burden that would cause insurance rates for all consumers to skyrocket. Critics call the new rule less work for the insurance companies at the same rates.

 On if property owners should receive a discount, Deputy Insurance Commissioner Robert Carter, who oversees Title Insurance, says: “[the State Insurance Commissioner Mike Geeslin] wants to hear that issue in the future.”

Buyers or sellers are required to buy title insurance on almost every land transaction. A title policy is essentially a guarantee that the title company will defend the owner in court if there’s ever a dispute about the ownership of a piece of land. Title companies typically run a records check before issuing a title policy, to make sure there’s no cloud over the chain of ownership or over other issues such as easements. Typically, the title company will include a list of exceptions, such as alleys, that are not guaranteed under the policy (explains  Mike Lee of the Fort Worth Star-Telegram, who first reported this story).

Farm Credit specializes in financing rural real estate in the south, and they offer plenty of free advice with their Fenceposts Blog and Landscapes Magazine articles. 

Also on their site, they offer Tips for Buying Rural Real Estate. These tips can be helpful for both someone new to ranch real estate or anyone who wants to make sure nothing is overlooked.

1. Local Advice

Get the advice of a local Realtor or loan officer who is both experienced in rural real estate, and knows the area well. They will know the local market, may know the histories of the properties in the area, and they can put you in touch with contractors and service providers.

2. Infrastructure

Be sure to ask about water and sewer services, trash pickup and road maintenance, school bus service, electric, phone, cable and high speed internet.

3.   Tax Advantages

A rural property may qualify for a tax credit, special appraisal or direct exemption. There may be existing ag exemptions.

4. Environmental Factors

By law, the presence of endangered species may limit ability to do some things like clearing brush or constructing buildings. Federal law also holds landowners accountable for contamination cleanup even if it occured before they owned the property – buyers can predetermine some environmental hazards and obtain  some liability protection.

Sandy Ranch

5. Codes and Restrictions

Government restrictions, county subdivision laws or extended territorial jurisdictions may affect subdivision of land.

6. Insurance

Some providers might not offer insurance for outside of city limits.  Your Realtor or loan officer can help.

7.  Local Land Use

Pay attention to what others in the area are using land for (for example, if you are ok living next to a large livestock operation) and any proposed developments.

8. Property Improvements

Improvements (such as fences or walls) can be expensive, especially on large properties. Certain improvements (such as septic systems or wells) may require certain county permits. Look into any permits and construction costs first, as well as needed well depths and septic system requirements for the soil conditions.

9. Maintenance Costs

Landscaping, repairs, equipment, and any building will all require additional costs.

10. Financing Country Homes

Some mortgage companies may only finance a certain number of acres, your Realtor can help you find a lender and the loan you’re looking for.

Lonesome Bayou Ranch

The Lonesome Bayou Ranch is being offered up for lease. This 188 acre waterfront playground has tons of fun for the entire family. It features horseback and ATV trails, a 1 acre swimming pond, hunting areas, fishing piers along 6,000 ft. of shoreline, boat launches, boat docks and is only a short boat ride to the excellent fishing in Trinity Bay. Family and friends can stay in 2 homes totaling 8 bedrooms/4.5 baths. This is the perfect retreat right on the Texas coast, 50 minutes from downtown Houston. Available for sale too! Click here for more information on the property. Check some video of the property: