0 Ranch Road 479 Harper, TX 78631
This exceptional 22.08-acre commercial land parcel presents a unique investment opportunity in the desirable Harper, Texas area. Located conveniently off Ranch Road 479 and Lower Reservation Road, this property boasts significant frontage on FM 479, providing excellent visibility and accessibility. The land features a mix of cleared areas and wooded sections, offering versatility for various commercial developments. Multiple entrance gates off FM 479 provide convenient access. Utilities are readily available, with electricity already at the roadside. While a well and septic system will be required, the property's location and size make this a straightforward undertaking. Currently enjoying an agricultural exemption, this property offers significant tax advantages. Note that the listed taxes reflect the entire tract before division. The property is comprised of two smaller tracts (Tracts 3 & 4 or Tracts 4 & 5) that can be combined to create the full 22 acres. Owner financing is available, making this an attractive option for buyers seeking flexible payment terms. This unrestricted land offers immense potential for a wide range of commercial ventures, making it an ideal investment in a rapidly growing area. The property is located in Kerr County, Texas, with a zip code of 78631.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.