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11382 E US Hwy 290 Fredericksburg TX

$1,195,000

Property Details

  • Price:$1,195,000
  • Listing Id:93998
  • County:Gillespie
  • Address:US Hwy 290
  • City:Fredericksburg
  • State:TX
  • Zip:78624
  • Status:Available
  • Type:Commercial

Property Description

UNRESTRICTED 12-Acre Property on the Texas 290 Wine Trail – Prime Investment Opportunity! This 12.02-acre property on the TX 290 Wine Trail is a rare gem being offered WELL below appraisal value and presents endless potential for a savvy investor. Prominently located amidst some of the region's most renowned wineries and tourist destinations, this property offers unmatched visibility and development potential. In addition to its unbeatable location, the property also features a 4 bed, 3 1/2 bath 3,215 SF home that could serve as a residence or transition into another use. The property also features two spacious metal outbuildings, all nestled in a serene and private setting. Large oaks fill the property and a natural wet weather draw meanders the property. Some flood plain is present along the draw, but there is good usable acreage on the property. Well quality is excellent in the area and the property has a 100+ GPM well in place. Whether you're envisioning a boutique restaurant, small event venue, luxury spa, or another inspired venture...the possibilities here are endless. This property is priced to move and offers an amazing opportunity for a seasoned investor.

Primary Features

  • Construction:Frame,Rock
  • County:Gillespie
  • Foundation:Pillar/Post/Pier
  • Parking:Other-See Remarks
  • Property Type:Commercial Sale
  • Sale Includes:Building & Land
  • Zoning:None

Additional

  • Approximate SqFt:Other-See Remarks
  • Current Use:Agricultural
  • Source SqFt:GCAD
  • Topography:Flood Plain,Partially Wooded
  • Type of Property:Rural Commercial,Commercial,Bed & Breakfast

External Features

  • Fence:Partial
    • Roof:Metal

    Interior Features

    • Heating/A/C:Central Electric A/C,Central Electric Heat
      • Utilities:CTEC/Electric

      Financial Details

      • Seller's Estimated Tax:4676.00

        US Hwy 290 Fredericksburg TX 78624





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