This 145.9 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. Property includes a spring fed pond and other watering holes. This property consists of 145.9 acres (~9+ ac commercial) with lower-lying residential building spots with views and a high point with beautiful breathtaking hill country views and building sites overlooking Kerrville. The property is bordered by a 130 ac preservation land association property. A regional hospital and doctor offices (3 min away), grocery (5 min), and big box stores are 10 mins or less away. As a development the property is ready to be annexed by the City of Kerrville. City water and sewer is available. An adjoining 132.5 acre with a home is available also. Whether you're looking for a great investment opportunity, a gentleman's ranch, horse property, or a commercial and residential compound or development, this property presents a possible combination of all of these! Ag Exempt.