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.
Property Type :
Land
County :
Kerr
Style :
Land
Sell a home like this and save $209,501 Find Out How
The information being provided by ACTRIS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the ACTRIS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by ACTRIS.
ByOwner last updated this listing 05/07/2024 @ 02:01
MLS: 5691686
LISTED BY: Michael McNamara, West and Swope Ranches
SOURCE: ACTRIS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
