613 Guadalupe St Kerrville, TX 78028
- Commercial real estate
- 708 SF
- 12.53 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 613 Guadalupe St
- Year built
- 2004
- Lot size
- 12.53 lot acres
- Property size
- 708 SF
- Property type
- Commercial real estate
Description
This exceptional 12.53-acre property presents a unique investment opportunity in the heart of Kerrville, Texas. Boasting a prime location and breathtaking Guadalupe River frontage on both the north and south banks, this site is perfectly positioned for a high-end townhome or condominium development. Its central Kerrville location offers unparalleled convenience and accessibility. The property's adjacency to the Palacio Del Guadalupe, a luxury condominium complex with two-bedroom units selling at $128 per square foot, underscores the strong market demand and potential for significant return on investment. The existing two residential units, while potentially livable, offer additional flexibility for immediate income generation or redevelopment. The property's 708 square feet of existing building space could be repurposed or removed to maximize development potential. Importantly, this property is situated within a HUD-designated 2024 Difficult Development Area (DDA), which may offer access to specific funding and development incentives. This rare opportunity to acquire a substantial riverfront parcel in a thriving Texas Hill Country community is not to be missed. The combination of location, views, and existing infrastructure makes this an exceptional investment for discerning developers seeking a high-value project.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kerrville
- County
- Kerr
- State
- Texas
- Longitude
- -99.1619
- Latitude
- 30.05237
