This ±12.53-acre property is a rare find for townhome or condo development, offering a central location and stunning riverfront views. With frontage on both the north and south banks of the Guadalupe River in the heart of Kerrville, it’s a unique opportunity for a residential project in a highly desirable area. Right next door is Palacio Del Guadalupe, a luxury condo community where 2-bedroom units are selling for $128 per square foot, highlighting the area's strong market potential. Plus, the property is in the HUD-designated 2024 Difficult Development Area (DDA), which could offer financial incentives for developers. There are also two existing residential units on-site that could be considered livable, adding even more possibilities to this incredible investment opportunity.
866 days
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39
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Zillow last checked:
Listing updated:
Listed by:
Spence Collins(512) 472-2100,
McAllister & Associates(512) 472-2100,
Bill Sheftall(512) 750-5509,
McAllister & Associates
Source: Unlock MLS,MLS#: 5830550
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 0
Bathrooms: 0
Property
Features
Fencing: See Remarks
Has view: Yes
View description: City, River, Trees/Woods
Has water view: Yes
Water view: River
Waterfront features: River Front
Body of water: Guadalupe River
Lot
Size: 12.53 Acres
Features: Cleared, Gentle Sloping, Public Maintained Road, Many Trees
Details
Additional structures: Outbuilding, Residence
Has additional parcels: Yes
Parcel number: 68940010003000
Special conditions: Standard
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Phone Connected, Sewer Connected, Water Connected
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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