$ 1,195,000
11382 US Hwy 290 Fredericksburg, TX 78624
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,195,000
Est. payment /mo
Active
11382 US Hwy 290 Fredericksburg, TX 78624
3,215 SqFt
UPDATED:
10/17/2024 07:05 AM
Key Details
Property Type Commercial
Sub Type Commercial Improved Prop
Listing Status Active
Purchase Type For Sale
Square Footage 3,215 sqft
Price per Sqft $371
MLS Listing ID 1814170
Construction Status Stone
Year Built 1988
Annual Tax Amount $6,168
Property 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!
Location
State TX
County Gillespie
Area 3100
Zoning NONE
Direction E
Interior
Heating Central
Cooling Central
Exterior
Utilities Available Electricity
Roof Type Metal
Building
Story 2
Level or Stories 2
Construction Status Stone
Schools
School District Fredericksburg
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Melissa Staudt • Kuper Sotheby's Int'l Realty • (830) 992-8207