A grand vista, a pond and 3 stands of healthy manicured mature oaks. Hard to find on an 8 acre lot. Currently ag exempt (2019 taxes = $9). Road frontage on both Overlook Drive and Serenity Lane. Subdivision is only 25 lots, is private and friendly. Several lots are combined so there will be less than 25 homes. Restrictions and HOA are both reasonable. 10 minutes to Fredericksburg HEB. The average price per acre in the subdivision is $22,500. Our lot is 8.3 acres so if it had no improvements it would be valued at $186,750. However, you are getting $80,000 + in improvements which brings the value to $266,750 so we feel $225,000 is a very fair price. No vacant lot in the subdivision has the improvements you will have and no lot, improved or unimproved, has the view. All you need to build is a septic system. Improvements include: + Well ( 505 ft deep and produces 22 1/2 gallons/minute) + Well house +200 amp electric service +2,500 ft + perimeter fence +Pond +Lot prep +Electric conduit and well water line to the pond (Picnic pavilion?)
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