Hermosa Drive, Kingsland, TX 78639 (MLS # 161916)
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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.
| DAYS ON MARKET | 852 | LAST UPDATED | 9/9/2024 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 0 |
| COUNTY | Llano | STATUS | Active |
| PROPERTY TYPE(S) | Farms/Ranch |
| PRICE HISTORY | |
| Prior to Nov 6, '23 | $19,500,000 |
|---|---|
| Nov 6, '23 - Sep 9, '24 | $18,500,000 |
| Sep 9, '24 - Today | $14,000,000 |
| ADDITIONAL DETAILS | |
| LOT | 362.7 acre(s) |
|---|---|
| LOT DESCRIPTION | Level |
| SUBDIVISION | None |
| UTILITIES | Electricity Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Lake |
| ZONING | none |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Robert Pahmiyer, Keller Williams - Lake Travis
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