518 Cr 1403

Lometa, TX

$4,750,000
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Details

STATUS:Active
YEAR BUILT:2016
TYPE:recreational
PARKING:
TOTAL STORIES:
MLS:1581468
COUNTY:Lampasas
PRICE PER SQFT

PROPERTY DESCRIPTION

Property Highlights 153 acres 11 acre vineyard with 7 varieties of grapes Cabernet, Tempernillo, Syrah, Sangiovese, Moverde, Roussanne, Alvarino Vineyard is state of the art with soil drought monitors at 1' and 3', Advanced computer system that turns on the irrigation when the drought monitors recognize dry soil Lazer system to deter bird from getting on the vines Vineyard is high fenced 2400 sqft Tasting Room/Operations facility 3000 sqft Temperature controlled Barrel Room/Storage 3200 sqft Equipment Barn/office/apartment 4800 sqft Outdoor event facility 4 Wells on the property 30 additional acres available for vineyard production turnkey vineyard with all equipment for vineyard production Vineyard will produce approx. 50 tons by 2022 Featured in Texas Monthly as a top 50 new wines in the Fall of 2018 Product is featured wine in Eddie V's Seafood Restaurant Located just outside of Lampasas and a easy drive from Dallas, Austin and Waco this Hill country gem is perfectly situated on an escarpment that has views of the Texas hill country that will leave you breathless. The property melts away all stress and has the makings of a get away that any wine lover will cherish. Property Improvements The property starts out at just over 1360' above sea level and tops out with an area that is just over 1460' above sea level. The native soils are perfect for growing grapes. The 5 total wells strategically place across 203 acres gives this property the ability to grow with additional vineyards or even cabins site. The vineyards were started in 2016 and are up to full growing capacity and will produce approx. 50 tons of grapes in 2022. There is an additional 30 acres cleared and ready to produce additional grapes in the same soil profile as the current vineyard. There is on home on the 150 acres for sale and is a 1200 sqft ranch home that is 2 stories and is 2 bed/ 1 bath. There are 2 springs on the property and 1 Pond/tank. Business The tasting room over looks the production facility and give an ambiance like no other. The profitable business produced approx. 1500 cases in 2019 and is expected to produce 3000 cases in 2021 and expanding to 6000 cases for 2022. The current wine club is just shy of 100, however is growing at 20% per year this will quickly produce more income for the business. Land/Improvements could be sold without business. $3,500,000 *additional 50 acres +/- and House are available not sure on price yet.

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School Information

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Property History

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Location

Direction: West of Lampasas approx. 10 miles on 580 right on 1403

Courtesy of Keller Williams Boerne

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