790 Thompson Dr, Kerrville, TX 78028

Approximately 23.6 acres along the southern banks of the Guadalupe River. Approx. 1,645 feet of frontage on Thompson Dr. and approx. 1,986 feet of frontage along the Guadalupe River. Water – City of Kerrville, Electricity – Central Texas Electric Coop, Wastewater – a city force main runs along Thompson Dr. in front of the Property. A majority of the Property lies within the FEMA 100-year floodplain. This tract is an ideal Townhome/Garden Home/Condo Project Site only minutes to downtown Kerrville. Other possible uses would be a family estate or hotel/resort. This Property is in the HUD designated 2023 Difficult Development Area (DDA).

The strongest advantage at 790 Thompson Dr S is the combination of 23.6 acres and approximately 1,986 feet of Guadalupe River frontage, a scale of waterfront land that is difficult to find near Kerrville. In Kerrville, this Kerr County offering also brings roughly 1,645 feet of frontage on Thompson Dr, which matters for access, planning flexibility, and the way a site can be positioned over time. It is listed at $1.65M and sits within Kerrville Isd, with elementary, middle, and high school assignments all shown as Outside School District.

For a buyer who understands land, the key story here is not just acreage. It is the shape of the tract, the dual frontage, and the utility picture. City of Kerrville water is available, electricity is with Central Texas Electric Coop, and a city force main runs along Thompson Dr in front of the property. Those facts give this site a different profile than raw recreational land that still needs basic service assumptions solved. The parcel is also identified as Land - Multiple Lots, Adjacent, which supports a broader planning conversation than a typical single homesite tract.

The constraint is as important as the upside. A majority of the property lies within the FEMA 100-year floodplain, so any serious buyer needs to evaluate the site through that lens first. On the right deal, that does not remove value. It changes how value is created, how improvements are placed, and which uses make the most sense. Here, the land reads as a tract where frontage, river exposure, and utility access need to be weighed together with floodplain realities rather than viewed in isolation.

That is why the highest and best use discussion matters. The site has the scale and infrastructure context to warrant consideration as a townhome, garden home, or condo project near downtown Kerrville, while still leaving room for a private estate or hospitality concept if the buyer’s strategy points that direction. Its HUD designation as a 2023 Difficult Development Area adds another layer sophisticated buyers and developers will want to assess. After 929 days on market, this remains a property where the long-term outcome will be determined by who can best translate river frontage, road frontage, and utility access into a disciplined plan.