$4,100,000

527 Walter Rd Fredericksburg, TX 78624

Estimated payment $24,191/month

Total Views 195
257 Acres
$15,953 Price per Acre
11,194,920 Sq Ft Lot

Highlights

  • Barn
  • 257 Acre Lot
  • Separate Outdoor Workshop
  • Home fronts a creek
  • No HOA
  • Views

About This Lot

Set on 257 acres with striking elevations ranging from 1,560 to 1,940 feet, this Gillespie County ranch showcases sweeping Hill Country panoramas—including exceptional views of Enchanted Rock just minutes away. The property features a 1,548 sq. ft. two-story barndominium serving as the main residence (3 bed / 1 bath), with charming beadboard finishes, updated flooring, large windows framing the landscape, and a spacious second-story deck that captures dramatic vistas. A separate efficiency cabin with a full bathroom provides additional guest accommodations or a quiet private retreat. The ranch also includes a large, fully insulated metal shop—ideal for equipment storage, a workshop, or the potential conversion into additional living space. With a water well, septic, and electricity already in place, the property is fully equipped for full-time living or weekend escapes. The land reveals true Hill Country character—ridge lines, hardwood groves, native grasses, and diverse topography—a 2.14-mile private hiking trail looping through the interior of the property. Perfect for morning walks, wildlife viewing, UTV rides, and exploring the natural terrain. Keener Branch, a seasonal creek, winds through the ranch, creating scenic pockets of shade, enhancing wildlife habitat, and enriching the overall landscape. Abundant native wildlife, offering opportunities for hunting, recreation, or simply enjoying the quiet solitude. Located just 15.6 miles from downtown Fbg and 2.6 miles (5 minutes) from Enchanted Rock, the ranch blends privacy with outstanding accessibility—an uncommon opportunity this close to world-class destinations. This rare, expansive acreage in a sought-after Gillespie County location offers the perfect Hill Country getaway or family legacy ranch.

Listing Agent

Caleb Hail

Fredericksburg Realty Brokerage Phone: 8309976531 License #TREC# 0621071 Listed on: 11/25/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $31,489

Lot Details

  • 257 Acre Lot
  • Home fronts a creek
  • Perimeter Fence

Additional Homes

  • Residence on Property

Farming

  • Barn
  • Livestock

Utilities

  • Well
  • Septic Tank

Additional Features

  • Property Views

Community Details

Overview

  • No Home Owners Association

Recreation

  • Separate Outdoor Workshop

Property Details

Property Type

Land

Est. Annual Taxes

$31,489

Lot Details

0

Listing Details

  • Attribution Contact: 8309976531
  • Prop. Type: Land
  • Property Sub Type: Acreage, Farm & Ranch
  • Lot Size Acres: 257
  • Road Frontage Type: Highway, Easement, See Remarks
  • Directions: From Main St. Fbg. take N. Milam St. Continue on Ranch Rd 965 for 13.2 miles. Turn right on Walter Rd.
  • Habitable Residence: Yes
  • Special Features: None

Interior Features

  • Possible Use: Grazing, Recreational, Hunting

Exterior Features

  • Topography: Sloped,Wooded
  • Fencing: Perimeter
  • Lot Features: Livestock Permitted, Views, Wooded/Native Pasture,Brushy, 251-500 Acres
  • View: Yes
  • Waterfront Features: Seasonal Creek
  • Other Structures: Barn(s), Cabin, Residence, Workshop

Utilities

  • Sewer: Septic Tank
  • Electric: CTEC Electric on Property
  • Electricity On Property: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Fredericksburg

Lot Info

  • Zoning: None
  • Current Use: Ranch Land
  • Lot Size Sq Ft: 11194920

Tax Info

  • Tax Annual Amount: 31488.9

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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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
2025 $323 $30,860 $29,410 $1,450
2024 $323 $27,950 $27,270 $680
2023 $296 $27,970 $0 $0
2022 $339 $26,140 $0 $0
2021 $381 $0 $0 $0
2020 $327 $0 $0 $0
2019 $341 $0 $0 $0
2018 $323 $0 $0 $0
2017 $325 $0 $0 $0
2016 $369 $0 $0 $0
2015 -- $1,221,340 $1,217,840 $3,500
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2025 11/25/25 For Sale $4,100,000 +70.8% --
09/27/2013 09/27/13 Sold -- -- -- View Prior Sale
08/28/2013 08/28/13 Pending -- -- --
11/14/2006 11/14/06 For Sale $2,400,000 -- $1,550 / Sq Ft
Source: Central Hill Country Board of REALTORS®

Source: Central Hill Country Board of REALTORS®

MLS Number: 99232

Central Hill Country Board of REALTORS®

APN: 28540