Want instant property equity? Who doesn't?! This rare LAND and home opportunity is being sold for under, yes you heard right, under the Gillespie county appraisal districts assessed tax value. 15 picturesque acres, which also includes the start of a custom built grain silo/ farm house, is just minutes from Fredericksburg Texas. This property offers the buyer the opportunity to add their personal touch and finish the build. All the heavy lifting is done and now the fun part of finishing the interior. The initial design includes two bedrooms and 2.5 baths, the master downstairs and a loft bedroom with walk around deck access for morning views. Key features include: No HOA or POA Fees, however there are "Reasonable Restrictions" such as no mobile homes to keep your community neighborhood values up; ensuring a pleasant and high-quality living environment. - **Agricultural Exemption:** Enjoy minimal land taxes. Hunting is allowed offering beautiful Axis and Whitetail deer- opportunities. **Prime Location:** Nestled on the sparsely populated west side of Fredericksburg, one of Texas' most popular tourist destinations, famous for its bachelorette getaways and its reputation as the Napa Valley of the Texas Hill Country. Conveniently located off Hwy 290, between Fredericksburg and the quaint town of Harper, and just a short drive from Kerrville and the Guadalupe River, popular for river rafting and retirement living. 90 minute drive from the San Antonio Airport. - **On-site Improvements:** Includes a drainage culvert, driveway entrance, fencing, and electricity available throughout the property. The silo/ farm style home, which can serve as your primary residence, guest house, or Airbnb, is adjacent to a cleared lot perfect for the forever home or shop/barn building. This property combines rural serenity with the convenience of nearby amenities, offering the best of both worlds. Don't miss this chance to create your ideal rural retreat in the heart of the Texas Hill Country!