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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
Property Facts
1 Lot Available
Lot
Price | £3,524,850 | Lot Size | 15.02 AC |
Price Per AC | £234,677 |
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
Parcel Number | 2246 | Improvements Assessment | £1,590,498 |
Land Assessment | £43,363 | Total Assessment | £1,633,862 |
PROPERTY TAXES
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820 Old San Antonio Rd
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