UNLIMITED POSSIBILITIES - Is exactly what this amazing 3.49 acre tract that borders Fredericksburg, TX city limits has to offer. Along with multiple investment possibilities! POSSIBILITY 1. The 3.49 acres is unrestricted and just outside the city limits in the ETJ meaning this property is prime for a multi-unit bed and breakfast compound and short-term rentals and prime opportunity for huge investment income. A Feasibility Study has been performed confirming the use of 12 short-term rentals and 8 campsites. In addition, a TCEQ Well Study has been performed. There is plenty of room to nestle units strategically amongst the trees offering your future guests a unique country setting while being just blocks from Main Street in Fredericksburg, TX. With this location you will be booked all the time! POSSIBILITY 2. The property offers a unique possibility to build your own home or family compound just blocks from town. In addition, to a beautiful piece of property, includes 1951 mid century modern home POSSIBILITY 3. The property also has the possibility to be a development into a single family residential neighborhood, which would be another optimum use for this land.