Looking for a great investment property, here it is. This 61-acre Diamond in the Rough is a developer's dream being very conveniently located on North US Hwy 83 and the Frio River. The location is approximately 8.3 miles north of downtown Leakey and 20 minutes north of Garner State Park. It is heavily wooded with beautiful Frio Canyon Mountain views and an abundance of rolling topography. Improvements consist of a main house with an attached garage, stable house, detached guest house, and a workshop. It offers quiet country living at its very best with frontage along the west bank of the beautiful Frio River. No restrictions with great potential for future development. This could be a great investment opportunity or a hill country showplace. There is nothing like this on the market at this time. Price: $1,000,000.00 ***OWNER FINANCING AVAILABLE***
Additional structures: Barn(s), Poultry Coop, Garage(s), Residence, Hunting Cabin, Workshop, Stone Main House Pier Beam 3/2, Stable House Slab 1/1, Ledge House 3/2 Slab
Zoning: RURAL
Other equipment: Other
Horses can be raised: Yes
Construction
Type & style
Home type: SingleFamily
Architectural style: Hill Country
Property subtype: Farm/Ranch
Materials
Rock
Utilities & green energy
Sewer: Septic Tank
Water: Well
Utilities for property: Cable Available, Electricity Connected, Electricity Available, Garbage Service-Private, Phone Available
Community & HOA
Community
Subdivision: None
Location
Region: Leakey
Financial & listing details
Date on market: 9/13/2025
Listing terms: Cash,Conventional,Private Financing Available
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
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.
See how much you could borrow to make a competitive offer.