10.09 Acres in Harper, TX - $290,000

One of the most striking features of this property is its hilltop location. The land offers panoramic views of the surrounding landscape, which is dotted with mature trees and rolling hills. Whether you're enjoying a morning cup of coffee or relaxing in the evening breeze, you'll find it hard to beat the sense of peace and serenity that comes with being surrounded by nature. The property provides a perfect spot to build a custom home, a weekend retreat, or even a barndominium, with the entire Texas Hill Country as your backdrop.

Ranches at Overhills is located just outside Fredericksburg, one of Central Texas' most charming and picturesque towns. Known for its German heritage, quaint shops, wineries, and outstanding dining, Fredericksburg offers a unique blend of small-town charm and modern amenities. With this propertys prime location, you're just a short drive from all the attractions and services you could need, while still enjoying the privacy and tranquility of country living.

Endless Possibilities for Development

The flexibility of Lot 16's zoning is another huge benefit. This property is perfect for a variety of uses, whether you're looking to build a permanent residence or develop the land for income-generating purposes. The property is ideal for a custom-built barndominium, which has become an increasingly popular trend in the Hill Country. The open space and stunning views are perfect for designing your dream barndominium, with ample room for outdoor living, workshops, or storage.

Additionally, this lot offers the unique opportunity to create multiple homes. The property is approved for up to four home sites, providing the potential to build a family compound or rental properties. This could be an excellent opportunity for investors looking to capitalize on Fredericksburgs popularity with short-term rentals. AirBNB and other short-term rental options are allowed, making this a perfect choice for those looking to enter the thriving vacation rental market.

In addition to residential development, the property is also suitable for raising livestock. The expansive land gives you plenty of space for grazing animals, gardening, or other agricultural pursuits. With agricultural (AG) exemption already in place, the property qualifies for reduced property taxes, which is a significant benefit for those interested in using the land for farming or ranching.

An Agricultural Exemption for Low Taxes

One of the standout features of Lot 16 is its Agricultural (AG) exemption, which provides significant savings on property taxes. With the AG exemption, your estimated taxes for 2024 are expected to be only around $11 for the yearan incredible benefit for landowners. This exemption is available due to the lands ability to be used for agricultural purposes, such as grazing livestock or farming. Its one of the many reasons this property stands out as a cost-effective option for buyers looking to own large, beautiful acreage without being burdened by high tax rates.

The AG exemption not only lowers your property taxes, but it also enhances the overall value of the property, providing a solid financial foundation for any future plans you may have. Whether you're developing the land for residential use or using it for agricultural purposes, the low tax burden allows for greater flexibility and potential profit.

Electricity and Fiber Connectivity Available

While this property offers the seclusion and tranquility of country living, its not without the modern conveniences you would expect. Electricity is available to the site, ensuring that your home or development is fully equipped for power needs. Additionally, fiber-optic internet is available, making it easy to stay connected to the outside world while enjoying your own private slice of the Texas Hill Country. The availability of high-speed internet is an important consideration for those who may work remotely, run a business from home, or simply enjoy staying connected while living in a rural area.

These modern amenities, combined with the propertys natural beauty and rural charm, make Lot 16 a rare find. Its the perfect place to build your dream home or investment property while still being connected to the world through reliable electricity and fiber-optic internet.

A Secure and Private Gated Community

Lot 16 is part of the exclusive Ranches at Overhills community, a gated neighborhood that offers privacy and security, two features highly sought after in todays real estate market. The communitys gated entrance provides peace of mind, ensuring that you and your family can enjoy a safe and private environment. Whether youre planning to build a full-time residence or a weekend getaway, the security of a gated community adds another layer of value to the property.

In addition to the security, the community's private roads and well-maintained infrastructure make it a desirable place to live. The gated nature of the community ensures that you wont be disturbed by excessive traffic or unwanted visitors. It's the perfect place to create your own secluded oasis, yet still be close enough to Fredericksburg and other surrounding areas for easy access to amenities.

Educational Opportunities in Fredericksburg ISD

If youre moving to the area with a family, one of the most important factors to consider is the quality of local schools. Lot 16 is part of the Fredericksburg Independent School District (ISD), which is known for its strong academic programs, extracurricular activities, and community involvement. The district is committed to providing students with a well-rounded education, and its schools are highly regarded throughout the region.

Living in Fredericksburg ISD ensures that your children will have access to some of the best educational opportunities in Central Texas, whether they are attending elementary school or preparing for college. This adds another layer of value to the property for families who are looking for a peaceful rural lifestyle without sacrificing the benefits of top-tier education.

Owner Financing Available for Flexible Terms

For those interested in purchasing Lot 16, owner financing is available with flexible terms to make the buying process easier. The property offers three different financing options:

10% down with a 12% interest rate and a 5-year balloon.

20% down with an 11% interest rate and a 5-year balloon.

30% down with a 10% interest rate and a 5-year balloon.

Owner financing is an excellent option for buyers who may not qualify for traditional financing or those who prefer the flexibility it offers. With owner financing, you can avoid the strict requirements of traditional banks or mortgage lenders, while still being able to finance the property and move forward with your plans.

A Rare Opportunity You Wont Want to Miss

Lot 16 in Ranches at Overhills is a rare findoffering over 10 acres of stunning hilltop views, endless development potential, and the ability to take advantage of the Agricultural exemption for low taxes. Whether youre looking for a private home site, a place for livestock, or an investment opportunity in the burgeoning short-term rental market, this property has something for everyone. With electricity, fiber internet, and the privacy of a gated community, it provides the perfect mix of seclusion and modern conveniences.

With owner financing available and such an incredible array of features, Lot 16 is a rare gem in the Central Texas real estate market. Dont miss out on this once-in-a-lifetime opportunity to own a piece of the Texas Hill Country. Schedule your showing today and start planning your future on this incredible property!