LOT 98 Grazing Meadow Lane is listed for sale at $ 138,000. The lot size is 3.09 Acres. BRThis 3.09-acre homesite is in the new (2023) residential neighborhood of Oakwater in south-central Gillespie County. The property sits approximately 11 miles south of Fredericksburg and 10 miles north of Kerrville, just off Texas State Highway 16 on a paved private road. The land offers attractive views with terrain that ranges from level to gently sloping, providing flexibility for a variety of home designs. Community covenants require a minimum of 1,400 square feet of main living area, and guest houses are allowed. Modular homes may also be permitted with prior written approval from the architectural committee. Before building, the property will require installation of a private water well and septic system. Neighborhood amenities include paved streets, a gated entry, a covered mailbox cluster, and shared community features such as a covered pavilion and playscape for residents to enjoy.