NOT LISTED FOR SALE

704 Otto Loop Llano, TX 78643

2 Beds
1 Bath
1,152 Sq Ft
261.2 Acres

Last Sold April 20, 2023

290 Days on Market

Highlights

  • Horses Allowed On Property
  • 261.2 Acre Lot
  • Central Air
  • Panoramic View
  • Agricultural Exemption
  • Property is Fully Fenced

About This Home

As of April 2023

NEW PRICE!! AG EXEMPT! The possibilities are endless and the memories will last generations on this amazing Texas Hill Country Ranch! 261 Acres of unrestricted land is yours for the taking. This is a generational ranch that was deeded to the seller’s family during the original Texas Land Grant from the 1800’s. All mineral rights convey. Full-time ranch that is currently being used for horses, cattle and hunting. There is a 1,152 sf Hunters Cabin on the property along with 2 storage buildings, stock pens and horse pens. Electricity is on the property and 2 water wells. There are several stunning building sites with sweeping views for your future dream home! Not very often does an untouched ranch come up for sale with the history like this in Llano, TX! Beautiful mature Texas Oak trees are scattered throughout the rolling terrain with granite and quartz outcroppings and 6 stock tanks. With this ranch being ag-exempt already, you can be assured that your property taxes will be kept to a minimum. This ranch is turn-key and is the definition of Texas privacy and seclusion. There is a current hunting lease in place, and if the new owner decides to keep it, there is already cash flow. Less than 5 minutes away from Castell, TX and just a short drive to Llano or Mason. Located 88 miles northwest of downtown Austin in the Central Texas Hill Country. Access is by a paved road. Low fence, incredible wildlife and manicured trails throughout make this ranch easy to view and experience.

Last Agent to Sell the Property

Casey Tibbs

Tibbs Realty Group LLC License #0744336 Listed on: 06/13/2022

Last Buyer's Agent

Diana Flores

Coldwell Banker Realty License #0708705

Coldwell Banker Realty

Property Details

Property Type

  • Other

Lot Details

  • 261.2 Acre Lot
  • Property fronts a county road
  • Property is Fully Fenced
  • Barbed Wire
  • Pipe Fencing

Property Views

  • Panoramic
  • Hill Country

Home Design

  • 1,152 Sq Ft Home
  • Farm
  • Slab Foundation
  • Metal Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Farming

  • Agricultural Exemption
  • Fenced For Cattle

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • 2 Water Wells
  • Septic Tank
  • Septic System
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 072335

Property Details

Property Type

Other

Lot Details

261.2 Acres

Listing Details

  • View: Hill Country, Panoramic
  • Reso Property Sub Type: Farm
  • Prop. Type: Farm
  • Road Frontage Type: County Road, Paved Road
  • Co List Office Mls Id: HLM961
  • Subdivision Name: None
  • Directions: From Llano, head west on HWY 29 towards Mason. Contact agent.
  • HLM_FloodZone: Unknown
  • HLM_ShortSale: No
  • HLM_REOForeclosure: No
  • HLM_Waterfront: No
  • HLM_NumberOfResidences: 1
  • HLM_Improvements: Corral,Stable,Stock Pens,Storage Shed
  • HLM_PropertyDescription: Granite Outcropping,Partial Wooded,Rolling,View
  • HLM_AgExempt: Yes
  • HLM_Creeks: dry creek
  • HLM_NumberWellsOnProperty: 2
  • HLM_SepticLocOnProp: Yes
  • HLM_Special: Horses Permitted
  • HLM_Minerals: To convey
  • Leases: Hunting
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Metal
  • Fencing: Barbed Wire, Goat Fence, Pipe, Completely Fenced
  • Acres: 261.2
  • Construction Type: Steel Frame, Wood Siding
  • Foundation Details: Slab

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Phone Available
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: None

Schools

  • Junior High Dist: Llano

Lot Info

  • Parcel #: 072335
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Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2023 04/20/23 Sold -- -- --
03/30/2023 03/30/23 Pending -- -- --
03/09/2023 03/09/23 Price Changed $2,950,000 -24.4% $2,561 / Sq Ft
03/02/2023 03/02/23 Price Changed $3,900,000 -20.4% $3,385 / Sq Ft
08/15/2022 08/15/22 Price Changed $4,900,000 -10.9% $4,253 / Sq Ft
06/13/2022 06/13/22 For Sale $5,500,000 -- $4,774 / Sq Ft
Source: Highland Lakes Association of REALTORS®

Agents Affiliated with this Home

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Map

Source: Highland Lakes Association of REALTORS®

MLS Number: HLM160614

Highland Lakes Association of REALTORS®
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