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 # | 7455324 |
|---|---|
| Listing Type | For Sale |
| Style | See Remarks |
| Sub-Type | Resale |
| Status | Active |
| Year | 2004 |
| Days On Site | 901 |
| Listing Provided By | McAllister & Associates | Spence Collins |
| SQ Feet | 708 |
|---|---|
| Building(s) | 2 |
| Zoning | R-1 |
| Acreage | 12.53 |
| Property View | City, River, Trees, Woods |
| Flooring | See Remarks |
|---|
| Foundation Details | See Remarks |
|---|---|
| Topography | Relatively level on north side of Guadalupe River. Southern bank slopes up toward Thompson Street. |
| Construction Materials | See Remarks |
| Security Features | See Remarks |
| Parking Features | Driveway, Gravel, On Site |
|---|
| 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 |
| State | TX |
|---|---|
| County | Kerr |
| City | Kerrville |
| Zip Code | 78028 |
| Area | Out of Area |
| Community Name | Woodbrook |