7900 Monticello Drive, Granbury, TX 76049 - Hood County

Pecan Plantation | 1,500 acres | Granbury, Texas

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 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.