RARE RANCH/DEVELOPMENT OPPORTUNITY!! This 132 acre Gentleman's Ranch is part of the last large acreage ranch, residential and/or commercial property located adjacent to the Kerrville city limits near downtown and overlooking the beautiful Guadalupe River Valley. The property includes a 5 bedroom, 3 bath home & barn, a year-round spring-fed pond for swimming and fishing. This property consists of 132.5 acres (~11+ ac commercial) with lower-lying residential building spots with views and a high ridge with bea