House Description

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. 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. 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. Owner would consider seller financing. LOCATION: Located just inside the city limits of Kerrville, the Nimitz Lake Ranchette is in a prime and convenient location, just minutes away from restaurants, shopping and more! The ranch is less than 30 minutes away from Fredericksburg and under an hour to San Antonio. The focal point on the ranch, the Guadalupe River, truly captures the essence of the beautiful Texas Hill Country. This area is known as one of the most beautiful regions in the state of Texas. Rolling hills, spring fed rivers and lakes, diverse art and music offerings, specialty shopping, and the state's capital city make the Hill Country a favorite destination for Texans and out-of-state visitors alike. Next door to the ranch, there is a brand-new mixed-use development called The Landing, which is made up of residential, retail, office and restaurants on 24 acres. WILDLIFE: The Nimitz Lake Ranch features the typical native Hill County wildlife, including whitetail deer, Axis deer, turkey, dove, ducks, and various fish and varmints. TERRAIN: Nice, Hill Country terrain that is mostly cleared pastures and fields that gently slopes downward as you get closer to the riverbank. There is approximately 60 ft of elevation change from the highest eastern portion of the property to the lowest portion of the ranch, near the river.

Highlights

Listed by Rick Taylor , (844) 888-3384 West and Swope Ranches , (844) 888-3384. LERA MLS - Local Expertise Regional Access mls logo

Property Type

Vacant Land

Lot/Acreage

County

Kerr

Area

3100

Neighborhood

N/A

School District

Kerrville.

Listing ID

1970161

Questions about this listing?

Contact Agent

Payment Calculator

Payment Breakdown

Principal Interest

$12,052

Taxes

Home Price

$2,400,000

Home Price

Loan Details

30 yrs

6.434%

Interest Rate

Loan Type

Down Payment

20%

$480,000

Down Payment

Down Payment %

All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Monthly Price:

$12,052.49

Principal

Taxes