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.
| MLS # | 5830550 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 900 |
| Listing Provided By | McAllister & Associates | Spence Collins |
| Zoning | R-1 |
|---|---|
| Acreage | 12.53 |
| Water Front | Yes |
| Property View | City, River, Trees, Woods |
| Lot Features | Cleared, Gentle Sloping, Public Maintained Road, Many Trees |
|---|---|
| Fencing | See Remarks |
| Utilities | Electricity Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| List Aor | Austin Board Of Realtors |
|---|
| State | TX |
|---|---|
| County | Kerr |
| City | Kerrville |
| Zip Code | 78028 |
| Area | Out of Area |
| Community Name | Woodbrook |
| School District | Kerrville Isd |
| Elementary School | Outside School District |
| High School | Outside School District |
| State | TX |
|---|---|
| County | Kerr |
| City | Kerrville |
| Zip Code | 78028 |
| Area | Out of Area |
| Community Name | Woodbrook |
| School District | Kerrville Isd |
| Elementary School | Outside School District |
| High School | Outside School District |