What did Kendra Lancaster, Juli Harrison, Kyle Crews, Patrizia Palfrey, Duke Jimerson, Robin Brock, April Hindy, Erica Armijo, Amanda Bartling and Anna Bellington do last Saturday? They headed to northeast Texas to check out Timber Creek Ranch at Lake Cypress Springs, a 346-plus acre working recreational ranch that goes to Auction May 7 with Concierge Auctions and will be going, going gone! to the highest bidder.
Listing agents are Kyle Crews of Allie Beth Allman & Associates and Ralph Robertson of Century 21 Butler Real Estate Services. The over-$15 million investment property will sell without reserve — yep, that means no minimum, though one will probably be established by the bidders — in three bidding segments: (1) the 26-acre lakefront parcel, which was previously offered for $11.95 million, (2) the 320-acre upper parcel, which was previously offered for $5 million, and (3) the entire, approximately 346±acres.
Selling the entire ranch kit and caboodle is a first — never before been offered. So this is rare opportunity to get your hands on some land, a whole lot of land, just east of Dallas.
Perfectly placed on Lake Cypress Springs, which as we all know is a quick 1.5-hour drive from Dallas, this immaculate working and recreational ranch is pretty unique.
“Timber Creek Ranch ranks among the finest working and recreational ranches in Texas, and its lake frontage is especially unique,” says Kyle Crews. “It’s exciting to offer this incredible purchase and lifestyle opportunity for the next owner of Timber Creek Ranch to carry on its legacy.”
The agents who saw Timber Creek Ranch said they were blown away by the sheer perfection of it.
“Not only is there spectacular pasture land and amenities, but lake-side frontage,” said Kyle. There are several ranch houses — an owners’ home, a guest lodge that is totally over the top in terms of construction and amenities. The current owners, says Kyle, have done an amazing job of developing Timber Creek Ranch into the quintessential gentlemen’s ranch/resort. There is a ranch grazing herd, miniature donkeys, and the barn looks like it’s an ad for Ralph Lauren. The current owners do live in Dallas, but prefer to by anonymous. They have enjoyed the property for both business and client entertaining for 20+ years. But now, says Kyle, it’s time to let it go to someone who will use and enjoy it. He says no blade of grass has been left unattended: the pasture land is cleared, trees trimmed, grasses planted and irrigated. There is nothing left to do but whip out your checkbook and enjoy.
“I took a couple out today who fell in love with the spread, and they will be there on May 7 to bid,” says Kyle. “In fact, we had 4 prospective bidders there on Saturday.”
Kyle says this will be a very successful auction — already he has more bidders than he has seen at other auctions. And with no reserve, someone’s might be getting 346 acres at a steal.
The ranch is often mistaken for a resort. Identified by its signature pipe metal perimeter fencing, the $15 million plus investment has been master-planned and executed to perfection. It’s really rare to find this much acreage in one fell swoop. In fact, 14 separate real estate closings were needed to amass the ranch’s acreage, which now offers various commercial and residential use opportunities, including a working and recreational ranch; a sportsman’s resort; a bed and breakfast and/or event center; and a community/neighborhood development. I can totally foresee the latter: this is a prime community development with a multi-use potential that could end up being one of the most admired developments in the country. How about The Preserve at Walnut Springs (our condo-ranch) crossed with Light Farms and Vaquero with Rough Creek Lodge — a sportsman’s hunting paradise?
Oh my, the real estate possibilities!
From riding horses or ATVs to shooting skeet or paintball, there is 1,600 linear feet of sea-walled frontage on 3,500-acre Lake Cypress Springs. There are also two on-site, bass-stocked lakes, and no limit to all you can see and enjoy at Timber Creek Ranch. Five immaculately-designed timber and stone structures, all fully outfitted with high-end fixtures and finishes, dot the rolling landscape, each a relaxing and lavish respite from the busy ways of city life.
“This is a perfect property for our platform – rare and incomparable,” stated Billy Long, head of Concierge Auctions’ Land & Ranch division. “There are so many potentials for its future use that we anticipate a wide variety of bidders. We recommend all interested parties call us as soon as possible to schedule a preview.”
No kidding. The auction of the Timber Creek Ranch, located at 416 County Road South East 3390 in Winnsboro, Texas, will be held live on May 7th. The $15 million investment will be offered without reserves, meaning whoever bids the highest bid had better saddle up: they will own one of the most unique ranches in the state.
The property can be viewed daily by appointment, A 2% commission is offered to the buyer’s representing broker. For more information, call (212) 257-5018.
I’m trying to get in touch with Juli Harrison, who has also taken buyers out to the ranch and may have been making more than one trip. Stay tuned.
Timber Creek Ranch — from Concierge Auctions
