Active

900 Thompson RD

Kerrville TX, 78606

$2,999,000


$2.87 per sqft

Active

24 Acres

Land

The 24 +/- acre Nimitz Lake Ranchette is an incredible opportunity, with over 1,100 ft. of waterfront property along the Guadalupe River/ Nimitz Lake in Kerrville, Texas. The land has optimal road frontage, with approximately half a mile of road frontage along Thompson Road, and approximately 1,100 ft of road frontage along James Road. The ranch is currently being utilized for cattle, but the property is zoned for mixed-use, providing an abundance of opportunity for its next owner. The land is mostly cleared, with beautiful sycamore trees, mature oaks scattered throughout and nice, tall cypress trees lining the Guadalupe riverbank. Nimitz Lake Ranchette would make for a great multi-purpose property, cattle ranch, a gorgeous residential retreat with tons of river frontage for recreational endeavors and for aesthetics, or a combination of commercial, multi-family, or even a nice hospitality endeavor. The property has all city utilities onsite. There is a portion of the property in the flood plain, but there is an engineering analysis report on the usability and floodplain- which is available upon request. This river frontage on the property is amazing, providing several places to launch boats or kayaks along with several spots to fish from the bank. Next door, there is a new mixed-use development under construction, making this a great piece of land for development or long-term investment. With the fantastic waterfront views, amount of road frontage, and location- the possibilities are endless with this ranch.

5691686

MLS ID

April 23, 2024

Listed

May 15, 2024

Updated

Map

900 Thompson RD
Kerrville TX, 78606

Exterior/Building Features

Lot Size

24 Acres


Lot Features

Agricultural, Few Trees


Sewer

None

School Information

School District

Kerrville Isd


High School

Outside School District


Elementary School

Outside School District

Other Property Details

Area Name

Out of Area


Taxes

$3,337


Tax Frequency

Annually


Garage

No


View

Yes


View Description

City, River


County

Kerr


Water Source

None


Pool

No


Waterfront

Yes


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

5/15/2024

Price Change

$2,999,000

-15%

Courtesy of West and Swope Ranches

Listing Contact: (844) 888-3384

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Megan DiBartolo shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.

Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2024 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Database last updated 9:39 PM UTC, 5/15/2024

 

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