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11382 E US HIGHWAY 290 - UNRESTRICTED - Texas 290 Wine Trail

12.02 Acres of Commercial Land Offered at £935,028 in Fredericksburg, TX 78624

Investment Highlights

  • Prime Location - Texas 290 Wine Trail
  • Investment Opportunity
  • Unrestricted

Executive Summary

Great investment opportunity in the heart of the Texas Wine Trail. Offered well below appraisal value.

Attachments

Survey

Property Facts

Price £935,028
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hospitality
  • Hold For Development
  • Hold For Investment
  • Restaurant
  • Trailer or Camper Park
  • Winery or Vineyard
  • Single Family Residence
Total Lot Size 12.02 AC

1 Lot Available

Lot

Price £935,028
Price Per AC £77,789
Lot Size 12.02 AC

Description

UNRESTRICTED 12-Acre Property on the Texas 290 Wine Trail – Prime Investment Opportunity! This remarkable 12-acre property on the Texas 290 Wine Trail is being offered WELL below appraisal value and presents endless potential for a savvy investor.  Located among some of the region's most renowned wineries and tourist destinations like Signor Vineyards, Grape Creek Vineyards, and directly across from the new resort community The Villages, 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.  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!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
31126
Land Assessment
£994
Improvements Assessment
£0
Total Assessment
£994

zoning

Zoning Code None (No zoning, unrestricted.)
None (No zoning, unrestricted.)
  • Listing ID: 33431638

  • Date on Market: 06/10/2024

  • Last Updated:

  • Address: 11382 E US HIGHWAY 290, Fredericksburg, TX 78624

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