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$3,518,847

481 Living Water Ranch Rd., Harper, TX, 78631

On MarketInfo
Baths0 Bath
Baths6,011,018 Sq Ft
FarmFarm
price_per_sqft$0.59 / sqft

About this property

Seller financing available making this an exceptional opportunity to own a premier Texas Hill Country property with long-term investment potential and immediate usability. Enjoy the quiet life on this 137 acre heritage property located less than 20 miles from the Gillespie County Airport with easy access to Fredericksburg, Harper and Kerrville. The property features stunning long-range hilltop views and diverse topography. A gated entrance off Fiedler Road leads into an exclusive enclave of just five large acreage estates. This is the last available tract in this community. A second private gate provides direct access to the property which is ideally located at the end of the road with no through traffic for added privacy. Multiple spring-fed creeks have continued to run throughout the recent drought. A newly completed dam enhances both the beauty and functionality of the property. Wildlife including blackbuck, axis and white-tail deer, along with a variety of birds, thrive on the recently cleared acreage featuring mature native trees such as Live Oak, Spanish Oak, Native Cherry and Cedar Elm. A high perimeter fence, water well and electricity are already in place, making this property ready for immediate enjoyment. Whether as a weekend getaway, private retreat, or working horse or livestock ranch, this property offers exceptional beauty, privacy and versatility in the heart of the Texas Hill Country.

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$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$21,113 /month
Positive
Cash Flow Estimate:
$7,038 /month

Interested in this property?

Justin Cop

Fredericksburg Realty

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Financing Details

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

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Harper

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481 Living Water Ranch Rd. | Property Details | No Agent List