Lot 49 Oakwater Dr This 3.11-acre homesite is located in Oakwater, a new residential community established in 2023. Situated in south-central Gillespie County, it's about 11 miles south of Fredericksburg and 10 miles north of Kerrville, just off State Hwy. 16 on a paved private road. The property offers scenic views and diverse terrain, ranging from level to gently sloping. The community's covenants require a minimum main area of 1, 400 square feet, and guest houses are permitted. Modular homes are allowed with prior written approval from the architectural committee. The lot will require the installation of a private water well and septic system before building. In addition to paved streets, the neighborhood features a gated entry, covered mailbox cluster, a covered pavilion, and a playscape for residents to enjoy.