$189,500
$21K PRICE DROP

5112 U S 290 Unit 12 Fredericksburg, TX 78624

Estimated payment $1,500/month

Total Views 3,702
0.16 Acre
$1,169,753 Price per Acre
7,057 Sq Ft Lot

Highlights

  • River Front
  • View of Hills
  • Planned Social Activities
  • Gated Community
  • Clubhouse
  • Community Pool

About This Lot

YOU CAN BUY THIS $195k lot for the same payment as a $166k lot. SELLER FINANCING AVAILABLE with MUCH lower than market rates. Buyer can get a rate in the mid 5’s to mid 6’s depending on down payment, and SAVE $6k in closing costs. MINIMUM of 25% down and Buyer must get pre-approved with Leahy Lending for seller financing consideration. NO formal underwriting, MUCH lower closing costs, NO discount points, close as fast as 10 days – Experience how lending should be done.
Arch Ray On The River is located along the Pedernales River, adjacent to Arch Ray Resort’s new and growing facilities. Own your own piece of the community on the river when you purchase this well-located cabin site, lot 12, which is very close to the community pool. The lot is available for immediate purchase and can be used for a primary home, vacation rental, or investment property. Cabin design and development are also available to interested parties. Situated just outside the city limits, this property is perfect for Airbnb use as it is outside the Fredericksburg city limits. The community boasts direct river access to the Pedernales River.
Key Features:
Prime Location: Just outside city limits, near FBG Wine Trail and Main Street.
Airbnb Friendly: Ideal for short-term rentals.
Community River Access: Enjoy the beauty of the Pedernales River.
Resort Amenities: Includes Arch Ray Winery, Ogle Brewery, Paul Bee Distillery, a restaurant, and an amphitheater. The Pool and a lazy river are coming soon!
- Choose from several floor plans (build now or hold for future development).
- Membership to Arch Ray Resort: Enjoy discounts, free concert tickets, and exclusive community benefits.
- The developer can suggest builders for the allowed cabin designs, or you may use your own builder.
- Buyers are encouraged to verify all information and conduct due diligence.

Listing Agent

Maggie Williams

McAllister & Associates Brokerage Phone: (512) 472-2100 License #0660146

Property Details

Property Type

  • Land

Lot Details

  • 7,057 Sq Ft Lot
  • River Front
  • Level Lot

HOA Fees

  • $260 Monthly HOA Fees

Schools

  • Fredericksburg Elementary And Middle School
  • Fredericksburg High School

Additional Features

  • Views of Hills
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 5112 E US Highway 290

Community Details

Overview

  • Association fees include common area maintenance, landscaping, ground maintenance, parking, sewer, trash, water
  • Arch Ray Condlminiums Association
  • Arch Ray Condominiums Subdivision
  • On-Site Maintenance

Amenities

  • Picnic Area
  • Common Area
  • Restaurant
  • Clubhouse
  • Meeting Room
  • Lounge
  • Planned Social Activities

Recreation

  • Community Pool
  • Park
  • Trails

Security

  • Controlled Access
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Additional Parcels: No
  • Directions: From Austin take 290 W toward Fredericksburg, TX. Arch Ray on the River is approx. four miles before entering the city of Fredericksburg on the East side of 290. Charming Fredericksburg is a 9-minute drive from the property via US-290. Johnson City is a 26-minute drive via US-290, and San Antonio is a 1-hour, 9-minute drive via US-290 and I-10.
  • Disclosures: Seller Provided Survey Available
  • Fencing: See Remarks
  • Other Structures: None
  • Road Surface Type: See Remarks
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 472-2100
  • ETJ Extra Territorial Jurdn: Yes
  • Estimated Taxes: 2090.50
  • FEMA Flood Plain: No
  • Restrictions: Building Size,Building Style,See Remarks
  • Tax Exemptions: None
  • Mineral: None
  • Special Features: VirtualTour

Interior Features

  • View: Hill Country
  • Property Condition: See Remarks

Exterior Features

  • Water Body Name: Pedernales River
  • Waterfront Features: River Front, See Remarks
  • Waterfront: Yes

Utilities

  • Sewer: See Remarks
  • Utilities: Sewer Available, Water Available
  • Water Source: See Remarks

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Landscaping, Maintenance Grounds, Parking, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 260
  • Community Web Site: https://archraycommunity.com/

Association/Amenities

  • Association Name: Arch Ray Condlminiums
  • Association: Yes
  • Community Features: Clubhouse, Common Grounds, Conference/Meeting Room, Controlled Access, Gated, High Speed Internet, Lounge, Maintenance On-Site, Park, Pet Amenities, Picnic Area, Planned Social Activities, Pool, Restaurant, Trail(s), See Remarks

Schools

  • Elementary School: Fredericksburg
  • High School: Fredericksburg (Fredericksburg ISD)
  • Middle/Junior School: Fredericksburg
  • Junior High Dist: Fredericksburg ISD

Lot Info

  • Lot Features: Level
  • Topography: community has fencing and entrance gate
  • Zoning: none
  • Parcel Number: 5112 E US Highway 290
  • Lot Size Acres: 0.162
  • Lot Size Sq Ft: 7056.72
  • Subdivision Name: Arch Ray Condominiums
  • Livestock Yn: 0

Building Info

  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Rate: 1.05987600000000

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

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Price Changed $189,500 -2.3% --
02/28/2025 02/28/25 Price Changed $193,999 -0.5% --
12/30/2024 12/30/24 Price Changed $194,999 0.0% --
12/23/2024 12/23/24 Price Changed $195,000 +1.3% --
12/11/2024 12/11/24 Price Changed $192,500 -2.5% --
11/20/2024 11/20/24 Price Changed $197,500 -0.3% --
10/31/2024 10/31/24 Price Changed $198,000 -0.5% --
09/21/2024 09/21/24 Price Changed $199,000 -0.5% --
08/19/2024 08/19/24 Price Changed $199,999 -5.2% --
07/17/2024 07/17/24 For Sale $210,900 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

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Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9881660

Unlock MLS (Austin Board of REALTORS®)