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Thursday, July 24, 2014

Legendary Texas ranch listed for $9.5 million


The property is in Lago Vista, 30 miles northwest of Austin. Photo: Courtesy Of David Stewart With Realtour

Legendary Texas ranch listed for $9.5 million


A massive and historic ranch located in Lago Vista on the outskirts of Austin is up for sale and can be yours for $9.5 million.

Edgewater Ranch overlooks Lake Travis and the Texas Hill Country. It is about 30 miles northwest of Austin on about 109.45 acres.

The ranch used to belong to legendary Texan Red Adair, a oil well firefighter. The 1968 film "Hellfighters" was loosely based on his life, and John Wayne played the character depicting Adair.
According to Austin Culture Map, the ranch, known as "Adair Ranch," was sold by the Adair family in 1997. Currently, a film called "Hot Air," which stars Jere Burns, Matthew Gray Gubler and Schuyler Fisk, is being filmed there.

"The ranch is home to an abundance of wildlife; whitetail deer, turkeys, and white winged doves to mention a few," The ranch's website states. "Sunrise, sunset, and wildlife will fascinate anyone longing for privacy and nature. Future development opportunities exist on numerous vistas throughout the ranch."

The house on the ranch, which was built in 2001, has four bedrooms and three bathrooms, a pool, an outdoor entertaining area and a guest house.  Micheal and Stacy Spickes of Realty Austin have the listing, according to Austin Culture Map.

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Motorsports track to be added to Grand Texas plan



Motorsports track to be added to Grand Texas plan



The New Caney theme park and entertainment district drew another attraction to the already elaborate plans for more than 600 acres of piney woods in eastern Montgomery County, the developers announced Monday.

A Motorsportz area will be added to the plans for Grand Texas, the theme park, water park and sports and entertainment facilities.  Palmetto Racing, based in The Woodlands, teamed up with Utah-based Miller Performance USA for the plans for the Motorsportz at Grand Texas. The developers are expected to close on the land in October with construction to begin soon after. It’s slated to open in spring 2015.

Palmetto owner Tim Crawford said in a statement that there was a high level of demand for this type of motorsports in the Houston market. The two miles of track will be able to accommodate a range of activities from super karts that reach speeds up to 90 miles per hour, test-track operations for sports cars, driving schools and traditional karting and motorsports, the developers said.

“Motorsportz at Grand Texas, when combined with other activities such as the youth sports destination fields creates synergistic family activities that are incomparable,” Grand Texas CEO Monty Galland said in a statement.

The Grand Texas Sports & Entertainment District commissioned a study that predicted an excess of 1.5 million would use the sports fields in the first five years.

Galland added: ”When you look at the lineup of offerings in the District ‐ a world class theme park and water park, adventure park, event center, minor league baseball, destination youth sports fields, retail, dining, hospitality, RV resort ‐ and now this great new addition of Motorsportz at Grand Texas, it really makes the District unique in the world. We couldn’t be in a more desirable market and our location at I‐69 (formerly Highway 59) and Highway 242 is perfect for the needs of the District and all it will have to offer. We like to say ‘come for a day, stay for a week.”
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