11382 E US Hwy 290

Fredericksburg, TX 78624
$1,195,000
3215 sqft | 4 beds | 3.5 baths | 12.02 acres | #1814156

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!
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  • Property Details
      • Bedrooms:4
      • Bathrooms:3.5
      • Full Baths:3
      • Half Baths:1
      • Pool:N
      • Acres:12.02
      • Square Feet:3215
      • Property type:Purchase
      • Style:Two Story, Texas Hill Country
      • Year built:1988
      • School district:Fredericksburg
      • Elementary School:Call District
      • Middle School:Call District
      • High School:Call District
      • MLS #:1814156
      • Cost:1195000
      • Property subtype:Single Family Detached
      • MLS #:1814156

Location

Mark GonzalezReal Estate Brokerage
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10.0%

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6.0%

Tax Rate

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2.6%
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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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