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27835211
27835228

Hermosa Dr, Kingsland, TX 78639

RP
TX TX 696749
$4,780,000
223 days on market
Updated 23 days ago

Kingsland Phased Development Opportunity

Details
APN 11502
Property Type Land
Sub Type Residential
Price Per Acre $35,000
Broker Co-Op Yes
Acreage 136.300

Development Land | 136.3 acres

Marketing description

Description:

Opportunity to purchase development acreage in three phases.

Phase 1 – 136.3 acres, Phase 2 – 126.61 acres and Phase 3 - 70.14 acres.

Total contiguous acreage is 333.05 acres of land inside the unincorporated city of Kingsland, TX within walking distance to constant level Lake LBJ.

This currently undeveloped tract is surrounded by housing and housing infrastructure. Water and wastewater infrastructure surrounds the property supplied and managed by Kingsland Water Supply Corporation and the Kingsland Municipal Utility District.

The Lighthouse Country Club golf course is close by. The Llano River arm of Lake LBJ is within easy walking distance. There is a private airstrip just on the west side of the property.

Engineering work has been completed and a preliminary “Due Diligence Memo”, “Conceptual Plan” and “Preliminary Engineering” (Utilities, Detention Pond, and LCRA WQ Volume) has been completed and is available on request.

Overview

· Location: Kingsland sits in Llano County in central Texas, along the north shore of Lake Lyndon B. Johnson (Lake LBJ), about 14 miles west of Marble Falls and ~60 miles northwest of Austin.

· Character: Lakefront community with a mix of permanent residents, retirees, vacation-home owners, and second-home/short-term rental properties. The area blends ranch-country and recreational/lakeside development. Tourism and retirement are the primary drivers of housing demand.

Population & Demographics (general trends)

· Population size: Unincorporated City of Kingsland – 7,246, Llano County – 23,163, Population of the Highland Lakes area – over 121,000 according to the Marble Falls EDC.

· Age profile: Skews older than state average — higher share of 55+ and retirees due to lakefront retirement appeal. Lower share of young adults compared with metropolitan areas.

· Household composition: Mix of single-family households, many owner-occupied; seasonal/vacation households and short-term rentals increase housing-unit vacancy seasonally.

· Income & employment: Median household income tends to be moderate; many residents commute to Marble Falls/Austin metro for work, plus local jobs in tourism, hospitality, real estate, construction, and healthcare.

Housing Stock & Development Characteristics

· Housing types: Predominantly single-family detached homes, including ranch-style properties, lakefront cabins, and higher-end lake homes. Some manufactured/mobile homes and small subdivisions; limited multifamily and affordable inventory.

· Age of housing: Mix of older, established homes and newer build-to-rent or custom lake homes built since 2000s, plus ongoing infill and some golf-course or amenity-driven subdivisions.

Market Trends & Demand Drivers

· Demand drivers: Retirement migration, lake recreation, proximity to Austin (amenity and second-home market), relatively lower land cost than Hill Country suburbs closer to Austin.

· Builders & product types: Custom builders for higher-end homes; small to mid-size local builders for tract and infill homes. Developers focus often on amenity-based communities (retirement community, lake access, community centers, etc).

Infrastructure & Utilities (development-relevant)

· Engineering work has been completed and a preliminary “Due Diligence Memo”, “Conceptual Plan” and “Preliminary Engineering” (Utilities, Detention Pond, and LCRA WQ Volume) has been completed and is available on request.

The property has fertile sandy loam soil and is currently covered by native vegetation, including many large oak trees and native elm, cedar, and mesquite trees. The property is presently under a 1-d-1 Ag valuation which keeps the taxes very low. As per the Kingsland/Lake LBJ Chamber of Commerce, Kingsland is nestled between the beautiful waters of the Llano and Colorado Rivers, and on the banks of Lake LBJ. The Highland Lakes area attracts many vacationers as well as second homeowners and retirees. The property is relatively flat and is accessible at four different locations, with the main entrance on the south side of the property from Hermosa Street.

Location:

Walking distance to Lake LBJ, 3 ½ miles to downtown Kingsland, 16 miles to Marble Falls, 18 miles to Horseshoe Bay, 18 miles to Llano, 65 miles to downtown Austin.

Showing Instructions:

This property is marketed and shown exclusively by TDR Real Estate Group - Keller Williams Land. Please contact Robert Pahmiyer for showing information. All appointments must be made with the listing agent, Robert Pahmiyer (830) 265-1239 - robert.pahmiyer@kw.com.

Investment highlights

Phased housing development opportunity:

Phase 1 - 136.3 acres

Phase 2 - 126.61 acres

Phase 3 - 70.14 acres

Surrounded by housing and housing infrastructure

DRAFT Concept Plan available

Preliminary “Due Diligence Memo”, “Conceptual Plan” and “Preliminary Engineering” (Utilities, Detention Pond, and LCRA WQ Volume) has been completed and is available on request.

Listing Contacts

RP
TX TX 696749

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Additional Information

Name
Robert Pahmiyer
License
TX 696749
Brokerage
Keller Williams Realty
Brokerage Phone
8302651239
Title
Associate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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