Property profile

0 Harper Valley Rd Harper, TX 78631

OFF-MARKET
Land
10.6 ac lot
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Property summary

AI-generated overview

This 10.6-acre Texas Hill Country farm, located on Harper Valley Road in Gillespie County, offers a unique opportunity. The property boasts fairly level terrain with good soil, minimal cedar, rock, and cactus. Scattered smaller live oaks provide natural beauty. Backing up to a large ranch ensures privacy. Most of the perimeter is enclosed by high game-proof fencing; a 994-foot section is unfenced but clearly marked. Recently divided from a neighboring property and duly recorded in February 2023 at the Kerr County Courthouse, this land is agriculturally exempt, though taxes are yet to be assessed. Currently supporting five Aberdeen Angus cattle and one Longhorn bull, the animals may remain or be removed, or a lease-back agreement with the seller could maintain the tax exemption—all negotiable. Conveniently located approximately 21 miles northwest of downtown Kerrville and 11 miles southwest of Harper, the property sits on a paved Kerr County road that dead-ends beyond the property line, enhancing its country privacy. The elevation is approximately 2225 feet. Note that a 50-foot-wide easement for a cross-country underground gas pipeline runs across the northeast boundary for a distance of 753 feet. This easement is not considered to affect property usage. This is an exceptional opportunity to own a piece of Texas Hill Country.

Property profile

Verified
Property type Land
Lot 10.6 ac (461,736 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Harper Valley Rd Harper, TX 78631
Harper metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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