8.84 Acres in Fredericksburg Texas with stunning views, in Oakwater development, with Agriculture (AG) Tax Exemption. This parcel of land sits high on the hill with great views of hill country and nice breezes in summer. The property and development features paved roads, gated entrance, mailboxes, underground utilities, and a Community Park with a covered pavilion and playground. Oakwater is off Highway 16 and 13miles from downtown Fredericksburg. Deed restrictions also include a vision for all to enjoy including however not limited to a multigenerational design with a minimum square footage of 1,400 sf and up to three additional structures of the same design/material and a minimum square footage of 600 sf. for each additional structure Deed restrictions allow for short term rentals. There is a HOA for the development. The development is 99% sold out from 2023 initial offering. Lots range from 3-20acres. The AG exemption will keep taxes down, short term rentals are allowed per HOA.
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