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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
    $624,000 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
    243 days
    |
    92
    |
    4
    |

    Zillow last checked: 8 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: $533,594
    • Annual tax amount: $6,412
    • Date on market: 4/24/2025
    • Listing terms: Cash,Conventional,Owner Will Carry
    • Electric utility on property: Yes
    • Road surface type: Chip And Seal
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    $624,000

    $555,000 - $711,000

    $3,027/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

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$6,412 -0.8%$533,594
    2023$6,464 -6.2%$533,594 +7%
    2022$6,895 +12.8%$498,686 +11.9%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $10,501/mo
    Principal & interest
    $8362
    Property taxes
    $1544
    Home insurance
    $595

      Climate risks

      Neighborhood: 78010

      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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