RARE DEVELOPMENT OPPORTUNITY!! This 291 acres is the last large acreage property located adjacent to the Kerrville City Limits and 2 miles from downtown and overlooking the beautiful Guadalupe River Valley. Also available in 3 tracts (381, 103 & 90 acres). Several spring-fed ponds are located throughout. The property is bordered by several developments and a 130 ac preservation land association property. A regional hospital and doctor offices, grocery and big box stores within 10 minutes and San Antonio less than an hour away. The property has an entrance off of Sheppard Rees Rd. City water and sewer may be available if incorporated into the city limits. Whether you're looking for a great investment opportunity, a gentleman's ranch, horse property, or a commercial and residential development, this property presents a possible combination of all of these.