$750,000
$445K PRICE DROP

11382 E Us Hwy 290 Fredericksburg, TX 78624

Estimated payment $4,469/month

Total Views 10,512
4 Beds
3.5 Baths
3,215 Sq Ft
$233 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • 12.02 Acre Lot
  • Wood Flooring
  • Home fronts a creek
  • Traditional Architecture
  • No HOA

About This Home

UNRESTRICTED 12-Acre Property on the Texas 290 Wine Trail – Prime Investment Opportunity! This 12.02-acre property on the TX 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 bed, 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 property 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. This property is priced to move and offers an amazing opportunity for a seasoned investor.

Listing Agent

Melissa Staudt

Kuper Sotheby's Int'l Realty - Boerne Brokerage Phone: 8308165260 License #TREC# 0701210 Listed on: 09/30/2024

Kuper Sotheby's Int'l Realty - Boerne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,676

Year Built

  • Built in 1988

Lot Details

  • 12.02 Acre Lot
  • Home fronts a creek

Home Design

  • Traditional Architecture
  • Country Style Home
  • Metal Roof
  • HardiePlank Type
  • Stone

Interior Spaces

  • 3,215 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Open Parking

Utilities

  • Central Air
  • Heating Available
  • Well
  • Septic Tank

Additional Features

  • Patio
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,676

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Attribution Contact: 8308165260
  • Prop. Type: Residential
  • Property Sub Type: Residential
  • Horses: Yes
  • Lot Size Acres: 12.02
  • Road Frontage Type: Highway
  • Directions: From downtown Fredericksburg, head East on 290. Property is on the North side between Airis'Ele Vineyards and the Wine Garage.
  • Architectural Style: Hill Country Style, Traditional
  • Carport Y N: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1988
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Storage Building, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Living Area: 3215

Exterior Features

  • Topography: Flood Plain,Wooded
  • Roof: Metal
  • Lot Features: Outside City(w/Acrg), 11-25 Acres
  • Waterfront Features: Wet Weather Creek
  • Home Warranty: No
  • Construction Type: HardiPlank Type, Stone
  • Foundation Details: Other
  • Patio And Porch Features: Deck/Patio

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car, Attached Carport, Gravel
  • Total Parking Spaces: 2

Utilities

  • Heating: Central
  • Sewer: Septic Tank
  • Laundry Features: Washer-Dryer Connection
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Electric-CTEC
  • Electricity On Property: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Fredericksburg

Lot Info

  • Zoning: None
  • Lot Size Sq Ft: 523591.2

Tax Info

  • Tax Annual Amount: 4676

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14 $1,270 $1,270 $0
2023 $13 $1,270 $0 $0
2022 $16 $1,210 $0 $0
2021 $5,623 $563,700 $563,700 $0
2020 $4,058 $1,357,620 $1,357,620 $0
2019 $4,238 $0 $0 $0
2018 $3,736 $0 $0 $0
2017 $3,820 $1,201,320 $1,201,320 $0
2016 $2,406 $750,470 $750,470 $0
2015 -- $750,470 $750,470 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Price Changed $750,000 -25.0% $233 / Sq Ft
03/24/2025 03/24/25 Price Changed $1,000,000 -16.3% $311 / Sq Ft
09/30/2024 09/30/24 For Sale $1,195,000 -- $372 / Sq Ft
Source: Central Hill Country Board of REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $417,000 New Conventional
Source: Public Records

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Source: Central Hill Country Board of REALTORS®

MLS Number: 93999

Central Hill Country Board of REALTORS®

APN: 31126