$1,550,000

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. 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.

$1,400,000

Approximately 23.6 acres along the southern banks of the Guadalupe River. Approx. 1,645 feet of frontage on Thompson Dr. and approx. 1,986 feet of frontage along the Guadalupe River. Water – City of Kerrville, Electricity – Central Texas Electric Coop, Wastewater – a city force main runs along Thompson Dr. in front of the Property. A majority of the Property lies within the FEMA 100-year floodplain. This tract is an ideal Townhome/Garden Home/Condo Project Site only minutes to downtown Kerrville. Other possible uses would be a family estate or hotel/resort. This Property is in the HUD designated 2023 Difficult Development Area (DDA). Approximately 23.6 acres along the southern banks of the Guadalupe River. Approx. 1,645 feet of frontage on Thompson Dr. and approx. 1,986 feet of frontage along the Guadalupe River. Water – City of Kerrville, Electricity – Central Texas Electric Coop, Wastewater – a city force main runs along Thompson Dr. in front of the Property. A majority of the Property lies within the FEMA 100-year floodplain. This tract is an ideal Townhome/Garden Home/Condo Project Site only minutes to downtown Kerrville. Other possible uses would be a family estate or hotel/resort. This Property is in the HUD designated 2023 Difficult Development Area (DDA).