$14,000,000
$6M PRICE DROP

0 Hermosa Dr Kingsland, TX 78639

Estimated payment $90,282/month

Total Views 10,103
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Lake View
  • No HOA
  • Property is Fully Fenced
  • 362.7 Acre Lot
  • Agricultural Exemption
  • Farm

About This Home

Back on the market! Huge Price Reduction! Bring your offers! Once-in-a-lifetime opportunity to purchase a very large, ~363-acre, contiguous, development tract of land inside the unincorporated city of Kingsland, TX. 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. Highest and best use will require some imagination and design work, but the possibilities are endless. 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. The property is presently under a 1-d-1 Ag valuation which keeps the taxes very low. 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 accessible. This tract has the potential to connect to Lake LBJ via a channel.

Listing Agent

Robert Pahmiyer

Keller Williams - Lake Travis License #0696749 Listed on: 09/16/2022

Keller Williams - Lake Travis

Property Details

Property Type

  • Other

Lot Details

  • 362.7 Acre Lot
  • Property is Fully Fenced
  • Barbed Wire

Property Views

  • Lake
  • Hill Country

Home Design

  • Farm

Additional Features

  • Flood Zone Lot
  • Agricultural Exemption
  • 1 Water Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 011502

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • View: Hill Country, Lake
  • Reso Property Sub Type: Farm
  • Prop. Type: Farm
  • Road Frontage Type: Paved Road
  • Co List Office Mls Id: HLM103
  • Subdivision Name: None
  • Directions: From the intersection of Ranch to Market 1431 and Ranch to Market 2900, go southwest on RM 2900 for 0.8 mi. Turn right onto River Oaks Dr and travel 2.5 mi. Turn right onto Mountain View/Pearl St and travel 750 ft to a T intersection, continue straight to property entrance.
  • HLM_ShortTermRentalAllowed: YES
  • HLM_FloodZone: Yes
  • HLM_ShortSale: No
  • HLM_REOForeclosure: No
  • HLM_Waterfront: No
  • HLM_NumberOfResidences: 0
  • HLM_Improvements: Stock Pens,Working Pens
  • HLM_PropertyDescription: Level,Ravine,Partial Wooded
  • HLM_AgExempt: Yes
  • HLM_NumberWellsOnProperty: 1
  • Leases: Grass & Crops
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: Barbed Wire, Perimeter, Completely Fenced
  • Acres: 362.7

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Llano

Lot Info

  • Zoning: none
  • Parcel #: 011502

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Price Changed $14,000,000 -24.3% --
03/08/2024 03/08/24 For Sale $18,500,000 0.0% --
03/08/2024 03/08/24 Off Market -- -- --
03/07/2024 03/07/24 For Sale $18,500,000 0.0% --
03/07/2024 03/07/24 Pending -- -- --
11/08/2023 11/08/23 For Sale $18,500,000 0.0% --
11/08/2023 11/08/23 Off Market -- -- --
11/06/2023 11/06/23 Price Changed $18,500,000 -5.1% --
09/16/2022 09/16/22 For Sale $19,500,000 -- --
Source: Highland Lakes Association of REALTORS®

Source: Highland Lakes Association of REALTORS®

MLS Number: HLM161916

Highland Lakes Association of REALTORS®