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For sale
  • $1,700,000

    123 Fm 480, Center Point, TX 78010

    3beds
    3,433sqft
    : 
    Single Family Residence
    Built in 1978
    5.13 Acres Lot
    $619,200 Zestimate®
    $495/sqft
    $-- HOA

    What's special

    Large fireplaceMajestic cypress treesOpen flowing floor planGenerous decksBreathtaking viewsAiry kitchenExpansive living space
    Exceptional Opportunity on the Guadalupe River – 5.13 Acres with Stunning Home in Center Point, TX Discover a rare chance to own 5.13 beautiful, unrestricted acres with 450 feet of Guadalupe River frontage, nestled in the charming & fast-growing town of Center Point—just minutes from Kerrville and Comfort. This property offers both natural beauty and investment potential, with prime visibility from FM 480/Old San Antonio Road. The inviting 3-bedroom, 3-bath home boasts 3,433 square feet of expansive living space, designed with an open, flowing floor plan. Inside, you'll find an airy kitchen, two spacious living areas, a large fireplace, and generous decks that provide breathtaking views of the Center Point Park waterfalls. For years, this property has operated as a successful bed and breakfast, drawing guests who come to enjoy kayaking, fishing, & swimming under the shade of majestic cypress trees. Whether you're looking to continue its legacy as a hospitality venture, create a private riverside retreat, or explore other development possibilities, this unrestricted property offers unmatched flexibility. Bonus: An additional +/- .50-acre parcel across the road—adjacent to waterfalls
    332 days
    |
    152
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 30, 2025 at 11:45am

    Listed by:

    Lisa Mcgehee,

    Fore Premier Properties

    Source: KVMLS,MLS#: 119038

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Kitchen Combo, Office, Rec Room, Two Living Areas, Utility Room, Workshop
      Primary bedroom
      • Area: 203.5
      • Dimensions: 11 x 18.5
      Bedroom 2
      • Area: 201.25
      • Dimensions: 11.5 x 17.5
      Bedroom 3
      • Area: 86.25
      • Dimensions: 11.5 x 7.5
      Dining room
      • Area: 155.25
      • Dimensions: 13.5 x 11.5
      Kitchen
      • Area: 270
      • Dimensions: 13.5 x 20
      Living room
      • Area: 490
      • Dimensions: 24.5 x 20
      Office
      • Area: 143.75
      • Dimensions: 11.5 x 12.5
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric, Wall Unit(s)
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Electric Water Heater, Water Heater
      • Laundry: Inside, Main Level, W/D Connection, Utility/Laundry Dimensions(9.5x16)
      Features
      • Shower Stall, Stairs/Steps, Walk-In Closet(s), Shower/Bath Combo, Master Downstairs, Kitchen Bar, Split Bedroom
      • Flooring: Carpet, Tile
      • Doors: Storm Door(s)
      • Windows: Double Pane Windows
      • Attic: None
      • Has fireplace: Yes
      • Fireplace features: Living Room, Masonry, Wood Burning
      Interior area
      • Total structure area: 3,433
      • Total interior livable area: 3,433 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: 2 Car Carport, 2 Car Garage, Attached, Detached
      • Garage spaces: 2
      • Carport spaces: 2
      • Covered spaces: 4
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck/Patio, Covered
      • Exterior features: Rain Gutters, Stairs/Steps
      • Has spa: Yes
      • Spa features: Outdoor
      • On waterfront: Yes
      • Waterfront features: Year Round (Live), River Access, Water On Property, Waterfront
      Lot
      • Size: 5.13 Acres
      • Features: Flood Plain, Level
      • Topography: Sloping
      • Residential vegetation: Partially Wooded
      Details
      • Additional structures: Workshop
      • Parcel number: 14868
      • Zoning: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • HardiPlank Type, Rock
      • Foundation: Pier & Beam, Slab
      • Roof: Metal
      Condition
      • Year built: 1978

      Utilities & green energy

      • Electric: KPUB
      • Sewer: Septic Tank, Septic
      • Water: Well
      • Utilities for property: Cable Available, Electricity Connected, Garbage Service-Private, Phone Available

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Center Point

      Financial & listing details

      • Price per square foot: $495/sqft
      • Tax assessed value: $579,193
      • Date on market: 4/24/2025
      • Listing terms: Cash,Conventional,Owner Will Carry
      • Electric utility on property: Yes
      • Road surface type: Chip And Seal
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        Estimated market value

        $619,200

        $551,000 - $700,000

        $2,588/mo

        Price history

        Price history
        DateEventPrice
        4/24/2025Listed for sale$1,700,000+327.1%$495/sqft
        Source: KVMLS #119038 Report a problem
        6/14/2019Sold--
        Source: LERA MLS #1365348 Report a problem
        5/15/2019Pending sale$398,000$116/sqft
        Source: Fore Premier Properties #98228 Report a problem
        2/20/2019Listed for sale$398,000-20.1%$116/sqft
        Source: Fore Premier Properties #98228 Report a problem
        10/5/2018Listing removed$498,000$145/sqft
        Source: Fore Premier Properties #96711 Report a problem
        8/8/2018Price change$498,000-9.5%$145/sqft
        Source: Fore Premier Properties #96711 Report a problem
        7/25/2018Listed for sale$550,000$160/sqft
        Source: Fore Premier Properties #96711 Report a problem
        7/20/2016Sold--
        Source: LERA MLS #1167840 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025-- $579,193 +8.5%
        2024$6,412 -0.8%$533,594
        2023$6,464 -6.2%$533,594 +7%
        2022$6,895 +12.8%$498,686 +11.9%
        2021$6,110 +0.5%$445,741 +8.1%
        2020$6,080 +180.6%$412,230 +107.1%
        2019$2,166 $199,071 +18.8%
        2018-- $167,533 -10.5%
        2017-- $187,138 +51.2%
        2016-- $123,770
        2015-- $123,770
        2014-- $123,770
        2012-- $123,770
        2011-- $123,770
        2010-- $123,770
        2009-- $123,770
        2008-- $123,770 +8.5%
        2007-- $114,095

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $10,226/mo
        Principal & interest
        $8682
        Property taxes
        $1544
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          Climate risks

          Neighborhood: 78010

          Getting around

          21 / 100
          Car-Dependent
          23 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Center Point

          Source: KVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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