A perfect property sitting on over 3,000 feet of Nimitz Lake in Kerrville could be your future home. Nimitz Lake Ranch is now for sale and could be used for almost whatever the owner can think of, according to a listing from Perry T. Donop III and Michael McNamara with West and Swope Ranches.
The 72-acres property is currently being used for cattle. The ranch is listed at $7.5 million. Since the property is zoned for mixed-use, the next owner can use the land for many different opportunities. The property is cleared for the most part, there are sycamore and oak trees through the property with cypress trees along the riverbank.
There are several areas to put boats or kayaks in the river and fish. A multi-use development, The Landing, is being built next to the ranch, which could make the property a solid long-term investment with waterfront views. The Landing will have residential, retail, office, and restaurants on 60-acres.
The listing offers a few ideas about what the owner can do with Nimitz Lake Ranch, such as turning it into a cattle ranch, a residential retreat, a multi-purpose property, or a combination of commercial, multi-family, and hospitality endeavor. City utilities are on the property. A part of the ranch is in the flood plan, but an engineering analysis report is available for request.
Read full article here: $7M Nimitz Lake Ranch for sale in the Hill Country (mysanantonio.com)