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
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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