$1,700,000

123 Fm 480 Center Point, TX 78010

Estimated payment $9,983/month

Total Views 1,298
3 Beds
3 Baths
3,433 Sq Ft
$495 Price per Sq Ft

Highlights

  • Spa
  • Deck
  • No HOA
  • River Front
  • Partially Wooded Lot
  • 2-minute walk to Center Point Dam

About This Home

Exceptional Opportunity on the Guadalupe River – 5.13 Acres with Stunning Home in Center Point, TX Discover a rare chance to own 5.13 beautiful, unrestricted acres with 450 feet of Guadalupe River frontage, nestled in the charming & fast-growing town of Center Point—just minutes from Kerrville and Comfort. This property offers both natural beauty and investment potential, with prime visibility from FM 480/Old San Antonio Road. The inviting 3-bedroom, 3-bath home boasts 3,433 square feet of expansive living space, designed with an open, flowing floor plan. Inside, you'll find an airy kitchen, two spacious living areas, a large fireplace, and generous decks that provide breathtaking views of the Center Point Park waterfalls. For years, this property has operated as a successful bed and breakfast, drawing guests who come to enjoy kayaking, fishing, & swimming under the shade of majestic cypress trees. Whether you're looking to continue its legacy as a hospitality venture, create a private riverside retreat, or explore other development possibilities, this unrestricted property offers unmatched flexibility. Bonus: An additional +/- .50-acre parcel across the road—adjacent to waterfalls

Listing Agent

Lisa McGehee

Fore Premier Properties Brokerage Phone: 8302574000 License #0649099 Listed on: 04/24/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,909

Year Built

  • Built in 1978

Lot Details

  • 5.13 Acre Lot
  • River Front
  • Property fronts a state road
  • Level Lot
  • Partially Wooded Lot

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Metal Roof
  • HardiePlank Type
  • Pier And Beam

Interior Spaces

  • 3,433 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Deck
  • Covered patio or porch
  • Separate Outdoor Workshop
  • Rain Gutters

Location

  • In Flood Plain

Schools

  • Center Point Elementary School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System
  • Well
  • Multiple Water Heaters
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,909

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family 5+ Acres
  • Prop. Type: Residential
  • Lot Size Acres: 5.13
  • Lot Size: 5.13 Acres
  • Road Frontage Type: County Road, State Road
  • Road Surface Type: Chip And Seal
  • Subdivision Name: None
  • Directions: From Hwy 27 East turn right onto FM 480. Just before the bridge, home is on the right. Look for black gate and signage.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Bed & Breakfast
  • Year Built: 1978
  • ResoBuildingAreaSource: Other
  • Attribution Contact: 8302574000
  • Special Features: None
  • Stories: 1

Interior Features

  • Spa Features: Hot Tub/Spa
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Two Plus Water Heaters, Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room, Masonry, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Shower Stall, Stairs/Steps, Walk-In Closet(s), Shower/Bath Combo
  • Living Area: 3433
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Other
  • Room Bedroom3 Area: 86.25
  • Room Office Area: 143.75
  • Room Bedroom2 Area: 201.25
  • Room Living Room Area: 490
  • Room Master Bedroom Area: 203.5
  • Master Bedroom Master Bedroom Width: 18.5
  • Room Kitchen Area: 270
  • Room Dining Room Area: 155.25

Exterior Features

  • Lot Features: Flood Plain, Level, Partially Wooded, Sloped
  • Waterfront Features: Year Round (Live), River, Water On Property, Waterfront
  • Waterfront: Yes
  • Construction Type: HardiPlank Type, Rock
  • Exterior Features: Rain Gutters, Stairs/Steps
  • Foundation Details: Pier & Beam, Slab
  • Other Structures: Workshop
  • Patio And Porch Features: Deck/Patio, Porch-Covered
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Parking Features: 2 Car Carport, 2 Car Garage, Attached, Detached
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Inside, Main Level, W/D Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: KPUB
  • Sewer: Septic Licensed
  • Utilities: Cable Available, Electricity Connected, Garbage Service-Private, Phone Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Center Point

Lot Info

  • Lot Size Sq Ft: 223462.8
  • Zoning: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6908.59

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,412 $533,594 $51,975 $481,619
2023 $6,464 $533,594 $51,975 $481,619
2022 $6,895 $498,686 $51,975 $446,711
2021 $6,574 $445,741 $51,975 $393,766
2020 $6,405 $412,230 $51,975 $360,255
2019 $3,235 $369,389 $39,600 $329,789
2018 $2,716 $187,138 $39,600 $147,538
2017 $3,035 $187,138 $39,600 $147,538
2016 $2,007 $123,770 $19,800 $103,970
2015 -- $123,770 $19,800 $103,970
2014 -- $123,770 $19,800 $103,970
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 For Sale $1,700,000 0.0% $495 / Sq Ft
04/24/2025 04/24/25 For Sale $1,700,000 +327.1% $495 / Sq Ft
09/15/2019 09/15/19 Off Market -- -- --
06/17/2019 06/17/19 Sold -- -- --
06/14/2019 06/14/19 Sold -- -- --
06/14/2019 06/14/19 Sold -- -- --
05/15/2019 05/15/19 Pending -- -- --
05/15/2019 05/15/19 Pending -- -- --
05/02/2019 05/02/19 Pending -- -- --
02/20/2019 02/20/19 For Sale $398,000 0.0% $116 / Sq Ft
02/20/2019 02/20/19 For Sale $398,000 0.0% $116 / Sq Ft
02/19/2019 02/19/19 For Sale $398,000 +106.2% $116 / Sq Ft
07/21/2016 07/21/16 Sold -- -- --
07/07/2016 07/07/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $193,000 -- $56 / Sq Ft
Source: Kerrville Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Vendors Lien -- Fidelity Abstract & Title Co
Warranty Deed -- Fidelity Abstract & Title Co
Deed Of Distribution -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $322,300 New Conventional
Previous Owner $318,400 Adjustable Rate Mortgage/ARM
Source: Public Records

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Source: Kerrville Board of REALTORS®

MLS Number: 119039

APN: R14868