This 381 acre Gentleman's Ranch is 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. Also available in 3 tracts. Located on Thompson Dr with a daily traffic count of 10,392 and ~3,000 ft of road frontage this is a prime commercial development property. The entire property consists of 381 acres (~25+ ac commercial) with lower-lying residential building spots with views and several high ridges with beautiful breathtaking hill country views and building sites overlooking Kerrville. Several spring-fed ponds are located throughout. The property is bordered by several developments and 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. The property has a second entrance off of Sheppard Rees Rd. City water and sewer is available along Thompson Dr. Whether you're looking for a great investment opportunity, a gentleman's ranch/horse property, or a commercial and residential development, this property presents a possible combination of all of these.