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$9,991,500

49% price cut

Was $19,500,000 · $9,508,500 below the original list price

000 Hermosa DR, Kingsland, TX 78639
Acres333.05

About This Property

Back on the market! Great buy-and-hold investment opportunity in the heart of Kingsland, Texas. This 333-acre contiguous tract offers a rare combination of size, location, access, and long-term potential near Lake LBJ. Located within the growing unincorporated community of Kingsland, the property is currently under a 1-d-1 agricultural valuation, providing relatively low holding costs while offering excellent recreational and investment potential. The undeveloped tract is surrounded by existing residential development and infrastructure. Water and wastewater infrastructure is located around the property and is supplied and managed by Kingsland Water Supply Corporation and the Kingsland Municipal Utility District. The Lighthouse Country Club golf course is nearby, and the Llano River arm of Lake LBJ is within easy walking distance. A private airstrip is located immediately west of the property. Currently a blank slate, the tract offers multiple potential future development paths, including phased residential, mixed-use, recreational use, or long-term land banking. The property is relatively flat with fertile sandy loam soils and native vegetation, including numerous mature oak trees along with elm, cedar, and mesquite. Wildlife includes whitetail deer, Rio Grande turkey, mourning dove, and other native species. Kingsland is a growing Highland Lakes community with a population of more than 7,000, situated along the Llano and Colorado Rivers and Lake LBJ. The area attracts full-time residents, vacationers, and second-home owners. The property has access from four locations, with the primary entrance from Hermosa Street on the south side.

Property Details

Property TypeFarm/Ranch
MLS #1141367
Days on Market947
Lot Size333.05 acres
Listed9/16/2022
Last Updated9/16/2022

Location

County
Llano
School District
Llano ISD
MLS Area
LL

Size

Lot Description
Agricultural, Many Trees, Views
$/Acre
$30,000

Improvements

Fence
Barbed Wire, Fenced, Perimeter
Appliances
None
Construction Materials
Other
Patio / Porch
None
View
Hill Country, Lake
Community Features
None
Parking Features
None

Location

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Listing provided by Robert Pahmiyer · Keller Williams - Lake Travis · (512) 263-9090

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

$9,991,500