Lake Creek Ranch 1,833+/- Acres Mclennan County, Texas $16,000,000 Lake Creek Ranch Mclennan County, Texas | 1,833+/- Acres

Office: (214) 361-9191 www.hrcranch.com

Lake Creek Ranch 1,833+/- Acres McLennan County, Texas $16,000,000 Lake Creek Ranch McLennan County, Texas | 1,833+/- Acres

LOCATION: Lake Creek Reservoir is on Manos Creek PROPERTY DESCRIPTION: 1833.536+/- acres with a in the Brazos River basin approximately four miles HUGE PRIVATE 550+/- ACRE LAKE set amongst west of Riesel, TX in eastern McLennan County. It is scenic rolling terrain heavily wooded in oak and elm located approximately 12 miles east of Waco, ~100 forests. Clear right-of-ways, scenic elevation change miles from Dallas/Fort Worth, ~110 miles from Austin and excellent building locations. Raw land with & ~165 from Houston, Texas. limited improvements allows for a blank canvas to with endless possibilities. DIRECTIONS: From Waco, go East on Highway 6 toward Riesel. Prior to arriving in Riesel turn south on TERRAIN: Terrain is scenic with ~120’ of elevation FM 1860 going approximately ~5 miles to the first change. Property is mostly treed with sporadic native main gate on the left. Just past this gate the lake pastureland desirable for grazing cattle. The can be partially seen on the left. FM 1860 continues landscape lends itself to be considered recreational around the ranch and ties back into Hwy 6 in Riesel, land. There are highly desirable scenic views/building TX. sites from the southernmost hilltops overlooking Lake Creek Reservoir. WATER RIGHTS: See Lake Creek Reservoir section

All information is deemed reliable, but is not warranted by Hortenstine Ranch Company, LLC. All information is subject to change

AREA HISTORICAL INFORMATION: McLennan advantage of the offer believing the area to be County is deep seeded in history with the first much like Norway. In 1856, Waco Village was Spanish exploring expedition in 1721 by Marques incorporated as the town of Waco, and a new de San Miguel de Aguayo. Records show that county courthouse was erected that year. By 1859, during his expedition he camped near the Brazos there were 749 people living in Waco. River and a major tributary, Bosque, Spanish for “woods”.

Multiple native Indian tribes lived and roamed the area and was occupied by three main tribes – Caddo, Tonkawa and three branches of the Wichita – Tawakoni, Towash and Waco. The Tonkawas were the most predominant in number and referred to as “Tonks” by the European settlers. They lived in skin tents and followed bison, deer and other small animals. They were considered to be roaming hunter/gatherers which provided for many conflicts by the neighboring Comanche to the west.

Further settlement of the area began in 1837 when Fort Fisher, a Texas Ranger outpost, was established but abandoned a few months later. Waco Village was later built on the site of an ancient agricultural village of the Waco Indians. A two-league grant of land by Gen. Thomas J Chambers was the start of development in the area where land was sold for a dollar an acre. The Chisolm Trail later crossed at a shallow ford in the Brazos River where the town of Kimball was formed, west of Waco. In 1845, Neil McLennan moved onto land on the South Bosque River. In 1850, named after Neil McLennan, McLennan County was carved out of the Milam District and the same year Universal Immigration Company of England purchased 27,000 acres from Richard Kimball where 30 families were sent to settle the area. Bosque County was officially formed in February 1854 from McLennan County totaling 989 square miles. European settlers began to populate the area in 1854 when the State of Texas offered 320 acres to each family that would settle the new county, and Norwegians took

All information is deemed reliable, but is not warranted by Hortenstine Ranch Company, LLC. All information is subject to change

LAKE CREEK RESERVOIR: This is a superior body of feet at 405 ft above msl. Lake Creek previously water constructed by Austin Road Company in 1953. operated as a natural gas fired power plant which There were no expenses spared at the time of has since been completely removed and construction. The water clarity is very good being in remediated. It was in operation from 1953 to 2010. limestone based land. The lake is considered a magnificent recreational lake. There are 3 primary drainage basins with Manos Creek being the primary Historical Water Level Analysis source of run-off water. The lake boasts multiple scenic coves, a magnificent tree covered island in Estimated Perimeter (Mi) Acreage (Ac) the center of the lake, deep water shorelines and 8/8/15 9.65+/- 444.32+/- duck habitat in the backwaters of the lake making 2/9/15 8.57+/- 373.00+/- this an extremely versatile body of water in an area not known to have large lakes. Maximum depth is 12/11/12 8.53+/- 383.95+/- estimated to be ~35’ at the deepest point with fourteen square miles of drainage feeding the lake. 11/2/11 7.29+/- 343.00+/- Based on aerial imagery from 2005-2015 the average 12/27/09 12.64+/- 555.31+/- water surface acreage was 442.475+/- acres with an average of 9.7+/- miles of lake frontage. Also based 3/24/09 10.21+/- 463.64+/- on aerial imagery, it is estimated that the lake 10/30/08 9.97+/- 455.57+/- fluctuated between ~343 surface acres and ~555 surface acres with only three of the last ten years 10/21/05 10.75+/- 521.01+/- being less than ~400 acres. Lake Creek is a desirable lake even at lower lake levels with some of the shorelines being gravel based and blossom with Average 9.70125+/- 442.475+/- native grasses providing for a clean and scenic shoreline. Fluctuation of lake level is not believed to have any impact on the quality of the reservoir. *The above analysis is an estimation of perimeter and acreage and is not an exact number. The LAKE DAM HISTORY: A Water Right Permit dated information is based off of aerial imaging from May 10, 1951 was granted by the State Board of 2005-2015 and is being provided solely as an Water Engineers to Texas Power and Light for estimation. constructing the reservoir. Austin Road Company began construction on September 8, 1951 and the WATER RIGHTS: dam was completed May 1952. Impoundment of Impoundment limit – 8,500 acre feet water began in June 1952 by runoff inflow from Permitted Consumptive Rights – 10,000 acre feet approximately 14 square miles. The first generating Maximum Make-Up Water per year from the Brazos unit began commercial operation April 2, 1953. The River – 8,996 acre feet dam is highly engineered and well-constructed with an estimated cost in 1952 of $10.8M. On January 26, Water is pumped through a pipeline from a pump 1972 the permitted water capacity was reduced from station located on the Brazos River in close proximity 9,500 acre-feet to its now current level of 8,500 acre- to the lake.

All information is deemed reliable, but is not warranted by Hortenstine Ranch Company, LLC. All information is subject to change

Copyright © by Hortenstine Ranch Company, LLC (Broker) www.hrcranch.com Lake Creek Ranch McLennan County, Texas | 1,833+/- Acres DAM REPORT: Freese and Nichols, Inc conducted a dam and the potential for loss of human life and dam inspection on July 18, 2017 and provided a property damages downstream from the dam in the report dated November 2017 of the Lake Creek Dam event of a breach of the dam. The size classification (a full report can be made available to pre-qualified of small, intermediate, or large is based on the Buyers). The following is the “Project Description”: storage in the reservoir and the height of the dam. Intermediate size dams are those with a maximum Lake Creek Dam was completed in 1952 to provide a storage between 1,000 and 50,000 acre-feet and/or cooling reservoir for the operation of Lake Creek a height greater than 40 ft and less than 100 ft. With Steam Electric Station. The dam consists of a a height of 50 feet and a top of the dam storage of homogenous, earthen embankment with a length of 11,700 acre feet Lake Creek Dam is classified as an 1,860 feet and a maximum height of 50 feet above intermediate size structure. the original streambed. Based on the 2003 inspection report, the dam’s crest elevation varies A dam’s hazard classification can be low, significant, from 409.75 to 410.25 feet-msl. The normal pool of or high based on the downstream risks in the event Lake Creek Reservoir is elevation 402 feet-msl. The of a failure. The area downstream of the dam embankment has side slopes of 2.5 Horizontal to 1 consists primarily of undeveloped land in the Vertical (2.5H:1V) for both the upstream and floodplain of Manos Creek. Farm-to-Market Road downstream slopes. The upstream slope of the 1860 crosses the spillway discharge channel embankment is protected by a 1-foot thick layer of downstream of the dam. The confluence of Manos rock riprap underlain by a 1-foot thick gravel Creek and the Brazos River is located approximately bedding layer extending from the crest to elevation 0.6 miles downstream of the dam. Based on a visual 395 feet-msl (seven feet below normal pool review there are a few scattered homes located elevation). A 4-inch thick layer of gravel protects the downstream of the dam; however, they appear to be downstream slope. Lake Creek Dam originally had located at an elevation which would likely not be in no internal seepage collection system; however, a the inundation zone. Farm-to-Market Road 1860 toe drain system consisting of a 6-inch perforated would be classified as a minor highway; however, PVC pipe placed in a gravel filter and surrounded by since it was observed to be as a school bus route, it filter fabric was installed in 2007 along the would be considered a secondary highway. TCEQ downstream toe of the embankment. criteria define a significant hazard structure as one where failure can cause appreciable economic loss to Discharge from the reservoir are controlled by two isolated homes, secondary highways, minor railroads, 20-foot tall by approximately 32.75-foot wide radial and public utilities or which could potentially impact gates at the left (south) abutment. The service one to six lives or involve two or fewer habitable spillway transitions into a 40-foot wide concrete structures. Lake Creek Dam is currently classified chute, stilling basin, and outfall channel. The top as a significant hazard dam. elevation of the spillway gates is 405 feet-msl in the closed position, and the crest of the ogee weir at the According to State criteria, an intermediate size, gates is elevation 385 feet-msl. An uncontrolled significant hazard structure is required to pass 56 earthen emergency spillway with a crest elevation of percent of the Probable Maximum Flood (PMF) 406 feet-msl and a width of 523 feet is located in the based on the height and storage parameters of Lake right (north) abutment of the dam. Creek Dam. As determined by an August 2013 hydraulic study performed by FNI, Lake Creek Dam In Texas, the TCEQ is the regulatory agency passes 87 percent of the PMF event without responsible for the administration of state dam safety overtopping the embankment. Therefore, the dam is laws. Dams are classified according to the size of the considered hydraulically adequate.

All information is deemed reliable, but is not warranted by Hortenstine Ranch Company, LLC. All information is subject to change

INSPECTION SUMMARY REPORT: A full Freese & functional cross fencing. Condition of the fencing is Nichols, Inc. report, dated November 2017, fair to good. A 6’ chain-link fence was constructed containing specific details in connection with minor below the dam and has been well maintained and repair recommendations can be made available to presently in very good condition. prequalified Buyers upon request. ACCESS: There are ten (10) gated access points WATER WELLS: There are two known water wells into the ranch, all are secure and the lake is virtually on the property. One water well is believed to be unused. There are multiple heavy duty pipe ~685 feet producing approximately 248 gallons per entrances into the ranch. Manos Creek can be minute (gpm). The second well is believed to be crossed on the east end of the ranch via a well- approximately ~700 feet producing approximately constructed concrete three culvert crossing. 245 gallons per minute (gpm). Neither of the wells are believed to operational currently but there is no AIRPORTS: There are two airports in close reason to believe they could not be put back into proximity Lake Creek Ranch. Waco Regional Airport use. (ACT) is a full service airport located 5+/- miles NW of Waco and 22+/- miles from the ranch. It is a OTHER SURFACE WATER: Several small ancillary Class 1 Airport averaging 98 aircraft per day with stock tanks exist as well as one small lake being two (2) runways measuring 6,596’ and 5,896’. approximately 3.5+/- surface acres that is partially Additionally, TSTC Waco Airport (CNW) is located shared with a neighbor. 8+/- miles NE of Waco and 15+/- from the ranch. The airport averages 131 aircraft per day with two WILDLIFE: Wildlife is an untouched and untapped (2) runways measuring 8,600’ and 6,291’. Former resource. There are whitetail deer, abundant dove, President George W. Bush landed Air Force One at feral hogs, squirrels, bobcats, coyotes, and a variety TSTC when visiting their family ranch during his of songbirds. Migratory waterfowl have been seen presidency. in large numbers, have never been hunted and use the lake as a wintering ground during peak HOSPITALS: There are three full service hospitals migration being located just off the banks of the located in close proximity to the ranch. Hill Brazos River, being a major flyway in the Central Regional Hospital, Providence Health Center, Flyway. Hillcrest Baptist Medical Center all located in and around Waco, Texas. FISHERIES: While Lake Creek has never officially been stocked there seems to be an abundance and SCHOOL DISTRICT: Riesel ISD wide variety of fish species that have naturally been stocked and reproduced in the lake. The fish that ELECTRICITY: Oncor Electric, and Navasota Valley were caught and observed while filming were Co-op largemouth bass, catfish and bluegill. The fish habitat and lake appear to be prime for fish MINERALS: Minerals are negotiable. Owner is management and additional stocking/management. believed to own a majority of the minerals on the ranch, but no warranties or guarantees will be FENCING: The perimeter is fenced and there is no made.

All information is deemed reliable, but is not warranted by Hortenstine Ranch Company, LLC. All information is subject to change

GRAZING LEASES: The ranch is currently leased for grazing and hay production. Fishing and hunting have been prohibited during the current ownership.

TAXES: Annual property taxes for 2015 were approximately $17,851.73 and the property is agricultural exempt

LEGAL DESCRIPTION: Estimated ~1833.536+/- acres in which a plat map and legal description of the property resulting from a boundary survey conducted in 2013 can be made available to prequalified Buyers.

BUYERS & BROKERS: Buyer’s brokers must be present for all initial showings. Buyers should notify Listing Broker that they are represented prior to touring the property. We welcome the opportunity to work with other Brokers/ Agents, but expect their full participation in any transaction.

COMMENTS: Rare opportunity to own a massive private lake in the heart of Central Texas close to Waco, TX and three major metropolitan areas.

PRICE: $16,000,000 with water rights

Hortenstine Ranch Company, LLC (Broker) 10711 Preston Road, Suite 240 Dallas, TX 75230 214-361-9191 Office 214-361-2095 Fax

Cash McWhorter – Partner/Broker 469-222-4076 Mobile [email protected]

Blake Hortenstine – Partner/Broker 214-616-1305 Mobile [email protected]

All information is deemed reliable, but is not warranted by Hortenstine Ranch Company, LLC. All information is subject to change

Hortenstine Ranch Company, LLC (Broker) www.hrcranch.com Ofﬁce: (214) 361-9191 Fax: (214) 361-2095

Cash McWhorter- Partner/Broker Blake Hortenstine- Partner/Broker [email protected] [email protected] Mobile: (469) 222-4076 Mobile: (214) 616-1305