Homes for sale - 11382 US Hwy 290, Fredericksburg, TX 78624

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$1,195,000

Est. payment - /mo

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4 BD

4 BA

3,215 SqFt

Active

11382 US Hwy 290 Fredericksburg, TX 78624

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Natalie Basore

broker@basorerealestate.com +1(210) 875-8271

UPDATED:

10/17/2024 07:05 AM

Key Details

Property Type Single Family Home

Sub Type Single Residential

Listing Status Active

Purchase Type For Sale

Square Footage 3,215 sqft

Price per Sqft $371

MLS Listing ID 1814156

Style Two Story,Texas Hill Country

Bedrooms 4

Full Baths 3

Half Baths 1

Construction Status Pre-Owned

Year Built 1988

Annual Tax Amount $4,676

Tax Year 2024

Lot Size 12.020 Acres

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

Direction E

Rooms

Master Bathroom Main Level 10X10 Tub/Shower Separate, Separate Vanity

Master Bedroom Main Level 20X20 DownStairs, Ceiling Fan, Full Bath

Bedroom 2 Main Level 10X10

Bedroom 3 2nd Level 10X10

Bedroom 4 2nd Level 10X10

Living Room Main Level 20X40

Kitchen Main Level 20X10

Interior

Heating Central

Cooling One Central

Flooring Carpeting, Ceramic Tile, Wood

Inclusions Microwave Oven, Stove/Range, Refrigerator, Dishwasher

Heat Source Electric

Exterior

Garage None/Not Applicable

Pool None

Amenities Available None

Roof Type Metal

Private Pool N

Building

Faces East

Foundation Other

Sewer Septic, Other

Water Other

Construction Status Pre-Owned

Schools

Elementary Schools Call District

Middle Schools Call District

High Schools Call District

School District Fredericksburg

Others

Acceptable Financing Conventional, FHA, VA, Cash

Listing Terms Conventional, FHA, VA, Cash

Listed by Melissa Staudt • Kuper Sotheby's Int'l Realty • (830) 992-8207

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Natalie Basore

Broker | License ID: 9012877

+1(210) 875-8271