3.07 beautiful acres in Fredericksburg, Texas ideally located in the Oakwater development. This parcel of land provides great views of the hill country, lovely trees and nice breezes in the summer. The property and development features paved roads, a gated entrance, underground utilities, and a Community Park with a covered pavilion and playground. Oakwater is located off Highway 16 and only 13 miles from downtown Fredericksburg and 11 miles to Kerrville and right within 1 hour to the San Antonio International airport. Deed restrictions allow the owner to utilize the lot for a variety of purposes, in addition to a primary residence. The primary residence must have a min. of 1,400 sf and also allows up to two additional structures, a min. of 600 sf. each. Addt'l structures may include cabins, barndominiums, short-term rentals/Airbnb's, guest houses, detached garages and storage buildings. Raising livestock and agricultural crops are also allowed and the development is also Agriculture (AG) Tax Exempt. So come take a look at this lovely lot and imagine all the possibilities of living in a peaceful rural setting while still being near the TX Hill Country wine belt, fine dining, shopping, parks, festivals, arts and culture. Or just enjoy leisure time sitting on your porch watching all the wildlife or the stunning night skies!