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Pecan Plantation | 1,500± acres | Granbury, Texas | $27,000,000 | SOLD

KEY INFO

• Sitting in the center of north central Texas is a unique land mass resembling a 

   peninsula, almost completely surrounded by the Brazos River.  The river was first
   called Brazos de Dios by Spanish explorers, meaning Arms of God.

 

• 1,500± acres of operating pecan orchard within the unincorporated community of 

   Pecan Plantation, Hood County, Texas.

 

• Property owned, developed, & operated by one family for 70 years.

 

• Highest & best use is the continuing development of the pecan orchard as 

   residential home sites.

 

• Pecan Plantation is a secure gated community of over 6,000 residents, with over 3,000
   homes, & listed by CNBC as the 6th best suburb for retirement in the U.S.

• Residents are part of a community consisting of these key advantages:

- Surrounded by 17 miles of the scenic Brazos River.

- Governed by a homeowners’ association.

- Very reasonable dues & fees, as well as reasonable taxes.

- A full-service country club.

- Two 18-hole golf courses.

- Two private airports.

- A marina on Lake Granbury.

- Gated 24-hour security.

- Community center, Equestrian center, walking & riding trails, parks & picnic areas.

- Commercial center featuring a bank, grocery store, medical center, pharmacy, plus other businesses & services.

- Seven miles from historic Granbury, one hour to downtown Fort Worth, 1.5 hours to DFW International Airport.

THE OFFERING

• Offering consists of the opportunity to:

 

- Develop up to 1,165 additional residential lots within Pecan Plantation, located in   a high growth area of Texas. 

• Substantial portion of infrastructure in place, such as, main water distribution    & sewer collection lines, as well as major access & interior roads.

• Concept plan pre-approved by Hood County.

• Electricity, telephone & internet readily available. 

 

- Continue the operation of a historic benefitted major pecan orchard, with:

• Management & staff in place.

• Completely irrigated with modern drip system, with adequate water
  contracts with Brazos River Authority.

• Fully equipped with machinery & equipment for operations.

• Barns, sheds & cleaning plant to support the pecan operations.

OPPORTUNITY

• Key advantages to prospective owner:

 

- Located in a proven & vibrant community.

 

- Extensive infrastructure would save years & substantial capital expenditure in     start-up preparations for a developer/homebuilder.

 

- Relatively easy permitting & approval processes.

 

- Opportunities to acquire related businesses that would assist in offsetting holding   costs over time.

 

- Marketing advantages of developing a property with the beauty of mature pecan   trees pre-landscaping most of the property.

 

- The undeveloped land (pecan orchard), is income producing, therefore offsetting   much of the interim holding costs. 

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