DropTine Ranch - Fredericksburg, TX
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- Marylou Warren
- 6 years ago
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1 Owner / Property Summary Offered at $3,799, acres +/- Located in Gillespie County 15 minutes from downtown Fredericksburg, TX. $92,000 (Net) in Annual Cabin & Guest House Rentals See Additional Offerings for buying Hunting & Breeding Business on pages 6, 7 & 8 DropTine Ranch, Home of Monster Bucks is a premier acre multi-use facility offering the very best in hunting, including whitetail deer, dove, ducks plus an Exotics Pasture with Axis, Blackbuck, Addax, Oryx, Gemsbok, Sheep and Audad. The ranch also includes a 5 star lodge for B&B, Hunting or hosting entertainment events, 4 rustic cabins, a charming 2 bedroom Guest House, a 3 bedroom Caretaker s home, 5 ponds, numerous barns and a well equipped 10 acre deer/exotics breeding facility. The deer breeding and hunting business is also available to purchase - See Additional Offerings details on pages 5-7. Located in the historic and desirable hill country area of Cherry Spring, TX, the land is extremely fertile with a combination of red dirt and sandy loam as well as dark fertile soil. There are about 90 acres of regrowth pasture, 6 food plots for wildlife and an abundance of huge virgin Oak trees throughout the property. There are also many large mesquite trees, a large variety of other brush species and native forbes offering great forage for the abundance of wildlife on the ranch. There are 2 water wells (65 and a gpm capacity), plus 5 ponds, and several miles of underground pipe feeding all the ponds and facilities. The property is completely high fenced and stocked with the best genetics in the state. A 325 deer was taken last season and many 200 plus deer roaming the property. See Additional Offerings for Buying Hunting & Breeding Business on Pages 6, 7 & 8
2 Owner / Property Summary - Living Areas Main Lodge 2,490 +/- sqft. Main Lodge Great Room with Wetbar and Large Loft Seating Area Rustic Style Den with Stone Fireplace Pool & Hot Tub with Waterfall & Surrounding Flagstone Outdoor Area with Fire-pit Chef s Kitchen with Stainless Steel Counters & Sink Exercise Room, Office, Laundry Room, and Storage Room Setup with Sonos Sound System, DirecTV and WIFI All furnishings convey, except owners mounts and personal items Main Lodge
3 Owner / Property Summary - Living Areas (cont.) Cabins, Owner s/caretaker s Cabin & Guest House 4 Rustic Cabins Surrounding a 1 Acre Pond, Approximately 464 +/- sqft. ea. Stone Fireplace, Jetted Tubs, Walk-in Showers Large Wood Decks Overlooking Pond All Furnishings Convey Guest House 902 sqft. Guest House with 2 Bedrooms, 1 Bath Owners/Caretaker s Cabin 1056 sqft. Owners/Caretaker s Cabin - 3Bdrm, 2 Bath, Large Entry Deck
4 Owner / Property Summary - The Land & Improvements /- Acres Level and Gently Sloping with /- Miles of Perimeter Fence Fertile Soil - combination of red dirt and sandy loam as well as dark soil Interior High Fence (Exotic Pasture) Improved Pastures and Fertile Soils 5 Ponds, 6 Food Plots for wildlife and 90 +/- Acres of Regrowth Pastures Large Virgin Oak trees, Mesquite Trees and Many other Brush Species 2 Wells - 65 GPM and GPM with 4000 ft. of Buried Irrigation Pipe 3 Septic Systems that are Expansion Ready 3 Phase Electric, with 2000 ft. of 4" Buried Cable
5 Owner / Additional Improvements & Good Will - Total Value: $2,355, Deer Pens, Deer Facility and Misting System 4 Protein Feeders and 6 Corn Feeders 1200 sq.ft. Shop with Electric and Water ARI Walk-in Freezer and Walk-in Cooler 30 Ton Overhead Storage Bin with Concrete Pad 5 Atascosa Hunting Blinds 2 Fuel Tanks, and 2 Propane Tanks (Buried 500 gal.) with Buried Lines Water Room Pump House with Softener, Ultra Violet and Filters 2 Exterior Electric Gates, Probes, Landscape Lighting, Security Cameras, Buried Electric and Wi-Fi 143 Breeder Deer Released to the ranch (See TPWD Inventory) Exotics Pasture; Axis, Blackbuck, Addax, Oryx, Gemsbok, Sheep, Audad and Huge Whitetail Bucks (Exotic Inventory Available on Request) Fiber Optic Internet Connection - Rare for Rural Properties Class 1 Release Site: No Hunter Harvest Testing Required. #6 Ranking on Trip Advisor for Specialty Lodging for the B&B's Ranch is under MLDP level 3 with 40 Buck Tags and 30 Doe Tags Which Allows for Early and Late Season Hunting and the Owner Controls all the Tags. (This takes 3 years to achieve) TPWD Issued Wildlife Plan with the Gillespie County for a Wildlife Exemption (ag. exemption) for the Ranch. No Need for Livestock Established B&B Revenue Stream with a Booking Agency of about $92,000 Per Year - can easily be increased with a few adjustments. 100 Acre/Feet of Water Rights in the Hickory Aquifer. Irrigation Well and 3 Phase Electric in Place for Commercial Farming or Vineyard.
6 Owner / Additional Offerings - Hunting & Breeding Business The current owner has been an Outfitter in Texas for 20 years and has owned, managed and developed several ranches during that time. His expertise in hunting, land management and development has enabled him to develop premier hunting and entertainment ranches that have been highly sought after for ownership. The ranch itself has all the ingredients for terrific hunting. DropTine Ranch Hunting Business Purchase Price: $200,000 cash (Valuation on Page 7) DropTine Ranch Breeding Business Purchase Price: $1,200,000 Cash (Valuation on Page 8)
7 Owner / Additional Offerings - Hunting Business with Ranch: $3,999,000 DropTine Ranch Hunting Business: $200,000 Cash 22 Year Track Record Under Texas Outfitters/DropTine Ranch and Client Base Spring Owner Filed a Federal Trademark on DropTine Ranch Average Annual Hunting Revenue $273,000 (Without B&B) Approximate 59% Free Cash After Expenses As of May, there are $146,000 in Hunts Booked for the Fall of 2017 Hosted Website and DropTine Ranch Social Media for Facebook, Instagram and Twitter with Thousands of Followers. Financial Records can be Viewed with a Signed Non-Disclosure and Confidentiality Agreement If the Hunting Business was Purchased Along with the Ranch Total purchase price: $3,999,000 Total Cash Flow Annualized: $397,086 or 9.9% Cap Rate (Last 2 tax returns) Free Cash After Expenses: $233,270 or 5.8% Cap Rate (Last 2 full year Income statements)
8 Owner / Additional Offerings - Deer Breeding Business with Ranch: $4,999,000 Hunting Business Included At No Additional Cost DropTine Ranch Breeders Hunting Business will be Included at No Additional Cost. Total Annualized cash flow: $620,609 or 12.4% (Last 2 yrs. Tax Returns) Free Cash After Expenses: $366,416 or 7.3% Cap Rate(Last 2 yrs. Income Statements) 12 Year Track Record, Business Development and Clientele Hosted Website and Facebook Page Summer Herd inventory of Approximately 350 Breeder Deer Approximately 1040 Straws of Semen 90 Deer Registered with the North American Deer Registry GMS Software with Pedigrees on Every Deer Since Inception TC-1 Facility and a Closed Herd. Zero Trace out Risk for CWD 15 Protein Feeders and 15 Water Troughs. Herd & Semen Inventory Plus Financial Records can be Viewed With a Signed Non-Disclosure and Confidentiality Agreement. If Breeding Business Purchased as a Stand-Alone Business Purchase Price: $1,200,000 Total Annualized cash flow: $223,522 or 18.6% (Last 2 yrs. Tax Returns) Free Cash After Expenses: $133,196 or 11.1% (Last 2 yrs. Income Statements) Average Annual 58% Free Cash
9 Owner / Click Here For Interactive Map Map data 2016 Google Imagery 2016, CAPCOG, DigitalGlobe, Texas Orthoimagery Program, U.S. Geological Survey, USDA Farm Service Agency House Photo Point Cabin Lodge Gate Well Windmill Pens Shop Fence Boundary Food Plot Pond / Tank The information contained herein was obtained from sources deemed to be reliable. MapRight Services makes no warranties or guarantees as to the completeness or accuracy thereof mapright.com
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