The Marquardt Homestead sits on the outskirts of Lexington, Texas, a quaint country town in the heart of Lee County. Located just 1 hour from the state capital, this property would make for a great commuter ranch. Surrounded by 70 acres of improved grasses, the ranch style home sits under a canopy of large pecan trees. A beautifully manicured yard makes a great hang out spot for the whole family all year.
Agriculture: Currently about 43 Acres behind the house is dedicated to hay cutting. This improved pasture could continue to be a wonderful hay field or could be converted into other crops or wildlife food plots. The Benchley Clay loam soils can support many different types of cultivation. The remainder of the property is cross fenced and can be used for grazing and recreation. This property is Ag exempt.
Wildlife: The wildlife species that can be found on the ranch include whitetail deer, dove, and other vermin.
Improvements: The Ranch home is a 3 bed/2 bath that was built in 1967, the house has 2,466 sq. ft. under roof, 1,926 sq. ft. under central A/C & heat. There is a 780 sq. ft. detached two car garage, with plenty of room for a workshop. There are several other old barns around the homestead which could be used for equipment or hay storage. Behind the house, there is a 1/4 acre vegetable garden, which has been used for fall and summer gardens for many years. It has a simple drip irrigation system installed on all of the rows. The property is accessed by a short easement off CR 410. There is also an access easement through the property, please see the map. The perimeter of the property is partially fenced.
Water: This past year the owner drilled a water well behind the house to service the home, this well could also be used to feed water troughs in the pastures.
The information contained herein has been gathered from sources deemed reliable; however, Republic Ranches, LLC and its principals, members, officers, associates, agents and employees cannot guarantee the accuracy of such information. The information contained herein is subject to changes, errors, omissions, prior sale, withdrawal of property from the market without prior notice, and approval of purchase by owner. Prospective buyers should verify all information to their satisfaction. No representation is made as to the possible value of this investment or type of use, and prospective buyers are urged to consult with their tax and legal advisors before making a final determination.
Real Estate buyers are hereby notified that real properties and its rights and amenities in the States of Texas; Oklahoma; and New Mexico are subject to many forces and impacts whether natural, those caused by man, or otherwise; including, but not limited to, drought or other weather related events, disease (e.g. Oak Wilt or Anthrax), invasive species, illegal trespassing, previous owner actions, neighbor actions and government actions. Prospective buyers of Texas real estate, New Mexico real estate or Oklahoma real estate should investigate any concerns regarding a specific real property to their satisfaction.
When buying investment property the buyer's agent, if applicable, must be identified on first contact and must be present at initial showing of the property listing to the prospective real estate investor in order to participate in real estate commission. If this condition is not met, fee participation will be at sole discretion of Republic Ranches, LLC.