Lot 8 in the thoughtfully designed Homestead 24 subdivision is a 7.004 acre build-ready estate tract with a recently drilled water well, underground power, native grasses, gentle topography, large post oak trees, and expansive views. Located in low-tax Gillespie County, Lot 8 is subject to a grazing lease for an in-place agricultural exemption affording a current annual tax bill of ~$8/year. Sensible restrictions in Homestead 24 protect property values while the low association dues of $600/year allow for affordable ownership. There is no timeline to build and with the freedom to bring your own builder ownership and building in Homestead 24 is a breeze. 1,800 sq/ft minimum main residence and allowances for an owner to add a guest home, pool and barn/shop. Horses are allowed and an owner may choose to offset ownership through short term rental income. Conveniently situated between 1631/2721 and US Hwy 290 just East of Fredericksburg, access to the heart of Fredericksburg is less than 10 min. For big-city needs, Austin or San Antonio can be reached in just over an hour. Additional estate homesites ranging from 5-11+ac available.