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820 Old San Antonio Rd

15.02 Acres of Commercial Land Offered at £3,524,850 in Fredericksburg, TX 78624

Investment Highlights

  • Income producing STR resort
  • Room for future development
  • Ideal Fredericksburg TX location

Executive Summary

INCOME PRODUCING PROPERTY WITH ROOM FOR FUTURE DEVELOPMENT: 12 custom built cottages on 15 ACS. Located less than 1 mile from the renowned 290 wine corridor & only 4 miles from Fredericksburg’s Marktplatz, this B&B resort is in a prime location for guests to explore Fredericksburg’s shopping, dining & the Texas wine corridor. Each cottage was built with quality rock & stucco exteriors & standing seam roofs. Inside, vaulted ceilings, stained concrete floors & a wood shiplap wall add a cozy elegance. The main bathrooms feature luxurious amenities: free-standing soaking tubs, custom tile showers, & dual sinks. Some cottages have hot tubs & some are pet friendly. Accommodations vary with four 1-bedroom cottages (sleeping 2), four 2-bedroom, 2-bath cottages (sleeping 4), & four 2-bedroom, 2-bath cottages with a bunk room (sleeping 8) with a capacity to sleep up to 56 guests. The property has an outdoor gathering space complete with a covered pavilion, seating around fire pits, & a putting green. It is fully fenced & 13 acres benefit from an agricultural exemption for longhorns, minimizing holding costs. Incredibly strong well with excellent water rights from the conservation district and all water service equipment meets public water supply standards. This property would make a perfect corporate retreat or wedding venue.

Property Facts

Price £3,524,850
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hospitality
  • Lodge or Meeting Hall
  • Specialty, Festival or Entertainment
  • Winery or Vineyard
  • Agricultural
Total Lot Size 15.02 AC

1 Lot Available

Lot

Price £3,524,850
Price Per AC £234,677
Lot Size 15.02 AC

ABS A0488 W O MERRIWETHER #36, 15.02 ACRES

Description

EXCEPTIONAL INCOME PRODUCING PROPERTY WITH ROOM FOR FUTURE DEVELOPMENT! 12 custom built Hill Country cottages on 15 acres. Located less than 1 mile from the renowned 290 wine corridor and a mere 4 miles from Fredericksburg’s Marktplatz, this B&B resort is in a prime location for guests to explore Fredericksburg’s shopping, dining and the famed Texas wine corridor. Each cottage is custom-built with quality rock and stucco exteriors and standing seam roofs. Inside, vaulted ceilings enhance the spacious feel. Stained concrete floors and a wood shiplap wall add a nostalgic elegance. The main bathrooms feature luxurious amenities including free-standing soaking tubs, custom tile showers, and dual sinks. Four cottages have hot tubs. Accommodations vary with four 1-bedroom cottages (sleeping 2), four 2-bedroom/2-bath cottages (sleeping 4), and four 2-bedroom/ 2-bath cottages with a bunk room (sleeping 8) with a capacity to sleep up to 56 guests. The property features an outdoor gathering space complete with a covered pavilion, seating around fire pits, and a putting green. It is fully fenced and 13 acres benefit from an agricultural exemption for longhorns, minimizing holding costs. Incredibly strong well with excellent water rights from the conservation district. All water service equipment meets public water supply standards. This property presents a lucrative opportunity for investment in the thriving Fredericksburg, TX hospitality sector!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2246
Land Assessment
£43,363
Improvements Assessment
£1,590,498
Total Assessment
£1,633,862
  • Listing ID: 32045371

  • Date on Market: 06/06/2024

  • Last Updated:

  • Address: 820 Old San Antonio Rd, Fredericksburg, TX 78624

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