
Back on the market! Great buy-and-hold investment opportunity in the heart of Kingsland, Texas.
This 333-acre contiguous tract offers a rare combination of size, location, access, and long-term potential near Lake LBJ. Located within the growing unincorporated community of Kingsland, the property is currently under a 1-d-1 agricultural valuation, providing relatively low holding costs while offering excellent recreational and investment potential.
The undeveloped tract is surrounded by existing residential development and infrastructure. Water and wastewater infrastructure is located around the property and is supplied and managed by Kingsland Water Supply Corporation and the Kingsland Municipal Utility District.
The Lighthouse Country Club golf course is nearby, and the Llano River arm of Lake LBJ is within easy walking distance. A private airstrip is located immediately west of the property. Currently a blank slate, the tract offers multiple potential future development paths, including phased residential, mixed-use, recreational use, or long-term land banking.
The property is relatively flat with fertile sandy loam soils and native vegetation, including numerous mature oak trees along with elm, cedar, and mesquite. Wildlife includes whitetail deer, Rio Grande turkey, mourning dove, and other native species.
Kingsland is a growing Highland Lakes community with a population of more than 7,000, situated along the Llano and Colorado Rivers and Lake LBJ. The area attracts full-time residents, vacationers, and second-home owners. The property has access from four locations, with the primary entrance from Hermosa Street on the south side.
Property Type
Farm
Lot Size
333.05 acres
Listed by Keller Williams - Lake Travis
Property Details
Lot Features
Fencing
Verified property facts
000 Hermosa DR is listed at $9,991,500 with 0 bedrooms, 333.05-acre lot. This places it above the ZIP 78639 single-family closed-sale median price of $1,618,350 (ZIP 78639 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 4, 2026).
000 Hermosa DR is zoned for Llano ISD with assigned schools: Packsaddle (elementary), Llano (middle), Llano (high). School assignments should be verified directly with the district.
000 Hermosa DR is listed by Keller Williams - Lake Travis. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 5, 2026.
The most recent annual property tax for 000 Hermosa DR is $446. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
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1 record on file
Every recorded listing, sale, and lease at 000 Hermosa DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.

Llano ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($2.0M)
Adjustable assumption - not a lending recommendation.
$9,991,500
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A sourced read on none pricing, timing, and property scale. No automated valuation claim.
List price
$9,991,500
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
1,450 days
Original to current
$9.5M reduction
$19.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 5, 2026.
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This page does not assume a mortgage rate or publish a monthly payment for 000 Hermosa DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in none
Active listings near 000 Hermosa DR
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