23.6 Acres on Guadalupe River

790 Thompson Drive Kerrville, TX 78028

Property Type:
Residential Land Development
Cap Rate:
Last Verified:
Aug 30, 2023

Approximately 23.6 acres along the southern banks of the Guadalupe River. Approx. 1,645 feet of frontage on Thompson Dr. and approx. 1,986 feet of frontage along the Guadalupe River. Water – City of Kerrville, Electricity – Central Texas Electric Coop, Wastewater – a city force main runs along Thompson Dr. in front of the Property. A majority of the Property lies within the FEMA 100-year floodplain. This tract is an ideal Townhome/Garden Home/Condo Project Site only minutes to downtown Kerrville. Other possible uses would be a family estate or hotel/resort. This Property is in the HUD designated 2023 Difficult Development Area (DDA).

Additional URLs

Map of 790 Thompson Drive, Kerrville, TX, 78028

Presented by:

Request additional information

Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.