11382 Us Highway 290, Fredericksburg, Texas

$1,195,000
Active
11382 Us Highway 290, Fredericksburg, Texas
11382 Us Highway 290, Fredericksburg, Texas
11382 Us Highway 290, Fredericksburg, Texas
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Property Details

MLS ID: 1083189
Status: Active
Price: $1,195,000
Acres: 12.02±
Type: Commercial
Address: 11382 Us Highway 290
City, State: Fredericksburg, TX
County: Gillespie County
ZIP Code: 78624
Parcel Number: 90395
Year Built: 1988

Description

UNRESTRICTED 12-Acre Property on the Texas 290 Wine Trail – Prime Investment Opportunity!

This remarkable 12-acre property on the Texas 290 Wine Trail is being offered WELL below appraisal value and presents endless potential for a savvy investor.  Located among some of the region's most renowned wineries and tourist destinations like Signor Vineyards, Grape Creek Vineyards, and directly across from the new resort community The Villages, this property offers unmatched visibility and development potential.

In addition to its unbeatable location, the property also features a 4 bedroom, 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 landscape 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. Don’t miss out on this rare opportunity to create something truly special in one of Texas’ most dynamic and rapidly growing areas!

Directions: From downtown Fredericksburg, head East on Hwy 290. Property is on the left, between Airis'Ele Winery and the Wine Garage. Across from new The Villages development.

Justin Witt

Justin Witt

Capitol Ranch Real Estate, LLC

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Capitol Ranch Real Estate, LLC
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© 2024 Austin Board of REALTORS® Based on information submitted to the MLS GRID as of November 27, 2024 at 12:00:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listed By: Melissa Staudt of Kuper Sotheby's Int'l Realty - (830) 992-8207