12.53 Acres on Guadalupe River

This approximately 12.53 acres is an ideal Townhome/Condo Development site with its central location and stunning riverfront views. Unique opportunity to own both the north and south banks of the Guadalupe River in downtown Kerrville. Adjoins the Palacio Del Guadalupe, a luxury condominium complex whose 2bdr units are selling for $128 per square foot. This Property is in the HUD designated 2024 Difficult Development Area (DDA). There are 2 residential units on the property that could be considered livable.