900 Thompson Road, Kerrville

$2,999,000

0 Bed
0 Bath
24 Acres
0 Garage

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.

Essential Information
MLS® #5691686
Price$2,999,000
Bathrooms0.00
Acres24.00
TypeLand
Sub-TypeUnimproved Land
StatusActive
Community Information
Address900 Thompson Road
AreaOut of Area
SubdivisionOak Spgs
CityKerrville
CountyKerr
StateTX
Zip Code78606
Amenities
FeaturesNone
ViewCity, River
Is WaterfrontYes
WaterfrontRiver Front
Utilities

Electricity Available, Water Not Available, Sewer Not Available

Exterior
Lot DescriptionAgricultural, Few Trees
School Information
DistrictKerrville Isd
ElementaryOutside School District
MiddleOutside School District
HighOutside School District
Additional Information
Date ListedApril 23rd, 2024
Days on Market25
Listing Details
Office Contact(844) 888-3384
Property History
Price Reduced from $3,500,000 to $2,999,000
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Property Listed by: West and Swope Ranches

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from May 18th, 2024 at 10:31am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.