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$8,900,000

NAL Estimated Property Value

247 Acres Hwy-16, Kerrville, TX, 78028

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Private PoolPrivate Pool

About this property

247 acres of beautiful live water Hill Country Ranch!10 minutes from Downtown Kerrville, TX! High fenced into two pastures with a nice set of deer pens and paved roads throughout. 1 main house on the hilltop and 3 guest houses, indoor pool & hot tub, several nice equipment barns and a horse barn. Several acre lake on Lamb Creek, a known year-round water source with several concrete dams and gorgeous rock bottom water. The views on Lamb Creek Ranch are to die for with an intricate road system taking you all over the ranch in comfort. You will not be disappointed by the gorgeous sunsets and 20 mile distant views! This place truly has no negatives and is replete with everything that encompasses a Hill Country paradise! 3 water wells, 3/4 of a mile of road frontage on HWY-16. 1 mile of Lamb Creek and 2 other smaller creeks that feed Lamb Creek and the main lake on the property.

Investor Tools

Property Icon
$8,900,000
Estimated Property Value
$0Estimated Mortgage Balance
$8,900,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$53,400 /month
Positive
Cash Flow Estimate:
$17,800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Kerrville

247 Acres Hwy-16 | Property Details | No Agent List