DEVELOPMENT PROPERTY into a single family residential neighborhood. City utilities are already on the adjoining property and the property has its own single road, providing the ability to sell nice sized lots. PREMIUM DEMAND for NEW CONSTRUCTION HOMES close to town, BUILDER/DEVELOPER OPPORTUNITY, this is a prime location and property. ANOTHER POSSIBILITY. 3.49 acres unrestricted & outside city limits zoned ETJ (Extra-Territorial Jurisdiction), meaning this property is prime for a multi-unit B&B, short-term rentals (STR) & investment income. Feasibility Study in place for 12 STRs & 8 campsites & TCEQ Well Study available. Location blocks from Main St in Fredericksburg, TX. Another possibility to build your own family compound w/ a 1951 mid century modern home with great features and could be remodeled into a real show place or potential to become the guest house. Lots of large mature oaks dot the property making an idyllic setting for the person looking for a show place on small acreage while also having the benefits of being in town!