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$4,375,000
Est. payment /mo
Price Dropped by $125K
131 Elberta Stonewall, TX 78671
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UPDATED:
09/21/2024 07:06 AM
Key Details
Property Type Vacant Land, Commercial
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1776034
Annual Tax Amount $4,336
Acres 46.065
Property Description
46 +/- unrestricted commercial acres in unincorporated Stonewall with road frontage on 3 sides (US Hwy 290, Ranch Road 1 and Elberta St. Property is ready for redevelopment or subdivision with power in multiple parts of the property (including 3 phase), municipal water at the street, and more. Seller may divide with agreeable terms. This includes 1,000+ feet of US Hwy 290 frontage + 2,000+ feet of frontage on Ranch Road 1 as well as significant frontage on Elberta St. State Hwy RM 1. Property currently has an agricultural exemption (grazing lease), features massive Live Oak and Post Oak trees, seasonal Salt Branch Creek, rolling topography with large Northerly views, a large grazing pasture, and old ranching buildings that for the right buyer could be repurposed for commercial use. Located centrally to Fredericksburg (13mi), Johnson City (15mi), and Blanco (19mi). Prime winery, storage unit, hospitality, RV/Tiny Home, subdivision or redevelopment. Information provided is deemed reliable but not guaranteed and should be independently verified. Seller is licensed by TREC.
Location
State TX
County Gillespie
Area 3100
Zoning NONE
Others
Miscellaneous Cross Fencing,Ranch Fencing,Ag Exempt,Partially Wooded,Mature Trees (ext feat),Gently Rolling,Creek - Seasonal
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Elisabeth Hay • Kuper Sotheby's Int'l Realty • (210) 822-8602
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