$1,195,000
For Sale

11382 E US Hwy 290

Fredericksburg, TX 78624
3215 sqft | 4 beds | 3.5 baths | 12.02 acres | #1814156
Browse 46 photos
Type:Purchase
Structure:House
Zone:Residential

Description

UNRESTRICTED 12-Acre Property on the Texas 290 Wine Trail - Prime Investment Opportunity! This 12.02-acre property on the Texas 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 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. The unique combination of location, existing structures, and natural beauty make this property a blank canvas ready for your vision. 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!

  • Property Details
      • StyleTwo Story, Texas Hill Country
      • Property SubtypeSingle Family Detached
      • School DistrictFredericksburg
      • Elementary SchoolCall District
      • Middle SchoolCall District
      • High SchoolCall District
      • Property TypePurchase
      • MLS #1814156
      • Cost1195000
      • MLS #1814156
      • Acres12.02
      • Square Feet3215
      • Year Built1988
      • Bathrooms3.5
      • Bedrooms4
      • Full Baths3
      • Half Baths1
      • PoolN

Location

Jay ParkerReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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