$10,000
closing credit¹
11382 E US Highway 290 Fredericksburg, TX 78624
Property details
About 11382 E US Highway 290
UNRESTRICTED 12-Acre Property on the Texas 290 Wine Trail - Prime Investment Opportunity! This 12.02-acre property on the Texas 290 Wine Trail is a rare gem being offered WELL below appraisal value and presents endless potential for a savvy investor. Prominently located amidst some of the region's most renowned wineries and tourist destinations, 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. The unique combination of location, existing structures, and natural beauty make this property a blank canvas ready for your vision. 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!
Highlights
Summary
- MLS Number: 1814156
- Office Name: Kuper Sotheby's Int'l Realty
- Office Phone: (830) 992-8207
- Office Email: melissa.staudt@kupersir.com
- Listing Agent: Melissa Staudt
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Last updated on: 1/30/2025, 1:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,195,000
11382 E US Highway 290
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
7
Stonewall Elementary School
Public District KG-5
2.9 mi
•220 Peach St
3
Fredericksburg Elementary School
Public District 2-5
10.0 mi
•1608 N Adams St
6
Lyndon B Johnson Elementary School
Public District PK-5
18.4 mi
•401 E Pecan St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $64,768. The majority of Fredericksburg, TX residents have income between $35k-100k annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
Frequently asked questions
About 11382 E US Highway 290
This home is located at 11382 E US Highway 290 in Fredericksburg, TX and zip code 78624. This 3,215 square foot home, which was built in 1988, sits on a 12.02 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 6, 2024 and is currently priced at $1,195,000.
In December 2024, from all listings sold in Fredericksburg, TX there were more than 0 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Fredericksburg, TX between November and December 2024 increased by 3.8%. Listings spent 88 days on the market in December 2024, and had a median list price of $667,500 during the same period.