The highlight of this property is the incredible location in the center of Pipe Creek. This 38-acre property features over 450 of HWY 16 frontage on the north side of the highway directly across from the FM 1283 turn off. The 2.947 Acres along the highway can be purchased separately with an easement already in place for the remaining 35.183 Acres. Improvements: There are multiple water wells as well as electricity on site. The property has multiple homes that provide little value and need remodeling or clearing. Topography: The property has beautiful views looking out over Pipe Creek and Bandera Valley. At the highest point, the property reaches an elevation of 1,485 with just over 140 of elevation gain. Easements: There are multiple easements on the property from both HWY 16 and Bear Springs Rd. Only 1 is currently usable. Other Notes: The 2.947 Acres that fronts HWY 16 is currently listed at $499,000 and can be purchased separately from the additional acreage. The 35.947 Acres can also be purchased separately from the HWY frontage for $865,000.