Under Contract

000 Hermosa DR

Kingsland TX, 78639

$18,500,000


$1.17 per sqft

Under Contract

15,879,362 sqft

Other

Once in a lifetime opportunity to purchase a very large, ~364-acre, contiguous, development tract of land inside the unincorporated city of Kingsland, TX. This tract has the potential to connect to Lake LBJ via a channel.

The tract is surrounded by housing and housing infrastructure. 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 a fertile sandy loam soil and is currently covered by native vegetation which includes many large oak trees as well as native elm, cedar and mesquite trees. The property is currently leased for grazing and is 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 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 home owners. The property is relatively flat and is accessible at four different locations, with the main entrance on the south side from Hermosa Street.

Location: Walking distance to Lake LBJ, 3 1/2 miles to downtown Kingsland, 16 miles to Marble Falls, 18 miles to Horseshoe Bay, 18 miles to Llano, 65 miles to downtown Austin.

1141367

MLS ID

September 16, 2022

Listed

March 14, 2024

Updated

Map

000 Hermosa DR
Kingsland TX, 78639

Interior Features

Appliances

None


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

364.54 Acres


Lot Features

Agricultural, Many Trees, Views

School Information

School District

Llano ISD


High School

Llano


Elementary School

Packsaddle

Other Property Details

Area Name

LL


Taxes

$446


Tax Frequency

Annually


Garage

No


Parking

None


View

Yes


View Description

Hill Country, Lake


County

Llano


Pool

No


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

3/7/2024

Under Contract

11/6/2023

Price Change

$18,500,000

-6%

Courtesy of Keller Williams - Lake Travis

Listing Contact: (512) 263-9090

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.

Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2024 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Database last updated 8:40 PM UTC, 3/14/2024

 

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