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$1,195,000

Beds
4
Baths
3.5
sq ft
3,215

11382 E US Highway 290, Fredericksburg, TX 78624

11382 E US Highway 290

Fredericksburg, TX 78624

  • 11 days on market
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!

Details

Property type

Single Family Residence

Lot size

12.02 acres

Price per sq ft

$372

Year built

1988

Annual property taxes

$4,676

Price History

10/02/2024
SanAntonio

SanAntonio #1814156

Listed
$1,195,000

Schools & Community

Elementary school: 

Call District

Middle school: 

Call District

High school: 

Call District

School district: 

Fredericksburg

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Status: Active

Tomo last checked: 10/13/2024 at 9:20 AM

Listing updated: 10/06/2024 at 3:10 PM

Listed by: Melissa Staudt, Kuper Sotheby's Int'l Realty Phone #: (830) 816-5260

MLS: SanAntonio #1814156

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