$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
- 52 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 #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: 11/23/2024 at 3:20 AM
Listing updated: 10/17/2024 at 2:21 AM
Listed by: Melissa Staudt, Kuper Sotheby's Int'l Realty Phone #: (830) 816-5260
MLS: SanAntonio #1814156
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