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Hermosa Dr - Development Property 333.05 Acres of Agricultural Land Offered at $9,991,500 in Kingsland, TX 78639
Investment Highlights
- Prime Property for Buy and Hold or Housing Development
- Surrounded by water and wastewater infrastructure
Executive Summary
The Lighthouse Country Club golf course is close by. The Llano River arm of Lake LBJ is within easy walking distance. There is a private airstrip just on the west side of the property. This tract is currently a blank slate as far as development. Offers multiple future development paths and is well positioned for phased residential, mixed-use, recreational, or long-term land banking strategies.
The property has fertile sandy loam soil and is currently covered by native vegetation, including many large oak trees and native elm, cedar, and mesquite trees. Plenty of native wildlife including white tail deer, turkeys, mourning doves and other wildlife.
Kingsland is unincorporated and is a census-designated place (CDP) with a population of over 7,000. As per the Kingsland/Lake LBJ Chamber of Commerce, Kingsland is nestled between the beautiful waters of the Llano and Colorado Rivers, and on the banks of Lake LBJ. The Highland Lakes area attracts many vacationers as well as second homeowners. The property is relatively flat and is accessible at four different locations, with the main entrance on the south side of the property from Hermosa Street.
This tract has the potential to connect to Lake LBJ via a channel.
Location:
Walking distance to Lake LBJ, 3 ½ miles to downtown Kingsland, 16 miles to Marble Falls, 18 miles to Horseshoe Bay, 18 miles to Llano, 65 miles to downtown Austin.
Property Facts
| Price | $9,991,500 | Property Subtype | Agricultural |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 333.05 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | None - Llano County Regulations | ||
| Price | $9,991,500 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | |
| Total Lot Size | 333.05 AC |
| Opportunity Zone |
Yes |
| Zoning | None - Llano County Regulations |
1 Lot Available
Lot
| Price | $9,991,500 | Lot Size | 333.05 AC |
| Price Per AC | $30,000.00 |
| Price | $9,991,500 |
| Price Per AC | $30,000.00 |
| Lot Size | 333.05 AC |
Description: Great buy and hold investment opportunity. A 333-acre contiguous tract this close to Lake LBJ is extremely rare. Low holding costs, the property is currently under a 1-d-1 agricultural valuation and property taxes are low.
Description
Great buy and hold investment opportunity. A 333-acre contiguous tract this close to Lake LBJ is extremely rare. Located within the rapidly growing unincorporated community of Kingsland, TX. Low holding costs, the property is currently under a 1-d-1 agricultural valuation and property taxes are low. Great recreation potential. This undeveloped tract is surrounded by housing and housing infrastructure. Water and wastewater infrastructure surrounds the property supplied and managed by Kingsland Water Supply Corp. and the Kingsland Municipal Utility District. The Lighthouse Country Club golf course is close by. The Llano River arm of Lake LBJ is within easy walking distance. There is a private airstrip just on the west side of the property. This tract is currently a blank slate as far as development. Offers multiple future development paths and is well positioned for phased residential, mixed-use, recreational, or long-term land banking strategies. The property has fertile sandy loam soil and is currently covered by native vegetation, including many large oak trees and native elm, cedar, and mesquite trees. Plenty of native wildlife including white tail deer, turkeys, mourning doves and other wildlife. Kingsland is unincorporated and is a census-designated place (CDP) with a population of over 7,000. As per the Kingsland/Lake LBJ Chamber of Commerce, Kingsland is nestled between the beautiful waters of the Llano and Colorado Rivers, and on the banks of Lake LBJ. The Highland Lakes area attracts many vacationers as well as second homeowners. The property is relatively flat and is accessible at four different locations, with the main entrance on the south side of the property from Hermosa Street. This tract has the potential to connect to Lake LBJ via a channel. Location: Walking distance to Lake LBJ, 3 ½ miles to downtown Kingsland, 16 miles to Marble Falls, 18 miles to Horseshoe Bay, 18 miles to Llano, 65 miles to downtown Austin.
Property Taxes
| Parcel Number | 11502 | Improvements Assessment | $6,860 |
| Land Assessment | $27,460 | Total Assessment | $34,320 |
Property Taxes
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Hermosa Dr - Development Property
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