Introducing a RARE DEVELOPMENT OPPORTUNITY in the heart of the Texas Hill Country! This expansive 381-acre property at 1249 Thompson Dr, Kerrville, Texas, 78028 is the last large acreage site located adjacent to the Kerrville City Limits, just a mile from downtown and overlooking the stunning Guadalupe River Valley. This versatile property is also available in 3 tracts (145, 132 & 103 acres) and offers endless possibilities for the discerning gentleman rancher, developer, investor, or commercial buyer. Boasting approximately 3,000 feet of road frontage on Thompson Dr, with a daily traffic count of 10,392, this prime residential or commercial development property is ideally situated for maximum visibility and accessibility. The property features a mix of lower-lying residential building spots and several high ridges with breathtaking hill country views overlooking the Guadalupe river valley. In addition, there are multiple spring-fed ponds scattered throughout the acreage. Surrounded by several developments and a 130-acre preservation land association property, this unique land is conveniently located near a regional hospital, doctor offices, grocery and big box stores, all within a 10-minute drive. San Antonio is also less than an hour away, providing additional amenities and attractions. The property has a second entrance off of Sheppard Rees Rd, and city water and sewer are available if incorporated into the city limits. Whether you're looking for a lucrative investment opportunity, a gentleman's ranch, horse property, or a mixed-use commercial and residential development, this exceptional 381-acre property offers a potential combination of all these elements. Don't miss your chance to own a piece of the beautiful Texas Hill Country and create your dream project!