Fredericksburg, TX 78624,11382 US Hwy 290
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Fredericksburg, TX 78624,11382 US Hwy 290
Fredericksburg, TX 78624,11382 US Hwy 290
Fredericksburg, TX 78624,11382 US Hwy 290
Fredericksburg, TX 78624,11382 US Hwy 290
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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

+1(713) 591-9902
$ 1,000,000
Est. payment /mo
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Price Dropped by $195K

11382 US Hwy 290 Fredericksburg, TX 78624

3,215 SqFt


UPDATED:

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 $311

MLS Listing ID 1814170

Construction Status Stone

Year Built 1988

Annual Tax Amount $6,168

Property Sub-Type Commercial Improved Prop

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
agent

Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

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11382 US Hwy 290