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$14,000,000
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Property Description
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.
Full Property Details
Full Property Details for Hermosa Dr
General
- Price: $14,000,000
- Status: Active
- Type: Farm
- Source: Highland_Lakes_MLS
- MLS ID: 161916
- Updated: 9/14/2024
- Added to Site: 979 day(s) ago
Rental Information
- Short Term: Yes
Location
- County: Llano
- Subdivision: None
- Driving 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.
School Information
- High School District: Llano
Utilities
- Sewer: Community Sewer
- Water: Community
- Utility Description: Community Sewer, Community Water, Electricity Available
Lot Features
- Property View: Hill Country, Lake
- Lot Size (Acres): 362.7
- Frontage: Paved Road
- Fence: Yes
- Zoning: none
- Lot Description: Level, Partial Wooded, Ravine
- Fencing (Description): Barbed Wire, Completely Fenced, Perimeter
Water Features
- Water View: Yes
- Water Front View: No
Financial Considerations
- Price Per Sq. Ft.: $38,599.39
Disclosures and Reports
- Legal Description: A FLORES ABST #211 363.330 AC KINGSLAND ESTATES UNIT 2 LT 433
- Property ID: 11502
Listed by Keller Williams - Lake Travis, Robert Pahmiyer
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Schools
Schools serving Hermosa Dr
Rating | Name | Grades | Distance |
---|---|---|---|
150 Pioneer Ln, Kingsland, TX 78639 | PK-5 | 2.3 mi | |
8200 W Fm 1431, Granite Shls, TX 78654 | PK-5 | 7.2 mi | |
901 Avenue U, Marble Falls, TX 78654 | PK-5 | 12.5 mi | |
400 E State Highway 71, Llano, TX 78643 | 6-8 | 12.8 mi | |
1511 Pony Dr, Marble Falls, TX 78654 | 6-8 | 12.9 mi | |
Steam Academy
1800 Colt Circle, Marble Falls, TX 78654 | 6-8 | 12.9 mi | |
1800 Colt Cir, Marble Falls, TX 78654 | 9-12 | 12.9 mi | |
2509 S State Highway 16, Llano, TX 78643 | 9-12 | 13.2 mi | |
2101 Mustang Dr, Marble Falls, TX 78654 | 9-12 | 14.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for Hermosa Dr
Date
Details
Price
Change
Source
9/09/2024
Price Reduced
$14,000,000
-24.32%
MLS
11/06/2023
Price Reduced
$18,500,000
-5.13%
MLS
9/16/2022
Listed
$19,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for Hermosa Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$142
—
$11,820
5%
2023
$142
-26%
$11,260
—
2022
$191
49%
$11,260
35%
2020
$128
-5%
$8,340
—
2019
$135
61%
$8,340
65%
2018
$84
—
$5,040
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Hermosa Dr
Want to learn more about Hermosa Drive? Do you have questions about finding other Farm real estate for sale in Kingsland? You can browse all Kingsland real estate or contact a Coldwell Banker agent to request more information.