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$1,550,000

This ±12.53-acre property is a rare find for townhome or condo development, offering a central location and stunning riverfront views. With frontage on both the north and south banks of the Guadalupe River in the heart of Kerrville, it’s a unique opportunity for a residential project in a highly desirable area. Right next door is Palacio Del Guadalupe, a luxury condo community where 2-bedroom units are selling for $128 per square foot, highlighting the area's strong market potential. Plus, the property is in the HUD-designated 2024 Difficult Development Area (DDA), which could offer financial incentives for developers. There are also two existing residential units on-site that could be considered livable, adding even more possibilities to this incredible investment opportunity.

5830550 MLS ⋅ 78028 Zip Code

613 Guadalupe St, Kerrville