Property details
About 5112 E US Highway 290 Unit 12
YOU CAN BUY THIS $195k lot for the same payment as a $166k lot. SELLER FINANCING AVAILABLE with MUCH lower than market rates. Buyer can get a rate in the mid 5’s to mid 6’s depending on down payment, and SAVE $6k in closing costs. MINIMUM of 25% down and Buyer must get pre-approved with Leahy Lending for seller financing consideration. NO formal underwriting, MUCH lower closing costs, NO discount points, close as fast as 10 days – Experience how lending should be done. Arch Ray On The River is located along the Pedernales River, adjacent to Arch Ray Resort’s new and growing facilities. Own your own piece of the community on the river when you purchase this well-located cabin site, lot 12, which is very close to the community pool. The lot is available for immediate purchase and can be used for a primary home, vacation rental, or investment property. Cabin design and development are also available to interested parties. Situated just outside the city limits, this property is perfect for Airbnb use as it is outside the Fredericksburg city limits. The community boasts direct river access to the Pedernales River. Key Features: Prime Location: Just outside city limits, near FBG Wine Trail and Main Street. Airbnb Friendly: Ideal for short-term rentals. Community River Access: Enjoy the beauty of the Pedernales River. Resort Amenities: Includes Arch Ray Winery, Ogle Brewery, Paul Bee Distillery, a restaurant, and an amphitheater. The Pool and a lazy river are coming soon! - Choose from several floor plans (build now or hold for future development). - Membership to Arch Ray Resort: Enjoy discounts, free concert tickets, and exclusive community benefits. - The developer can suggest builders for the allowed cabin designs, or you may use your own builder. - Buyers are encouraged to verify all information and conduct due diligence.
Highlights
Virtual tour
Summary
- Interior: High Speed Internet
- Waterfront: River Front, See Remarks
- View: Hills
- List Price: $189,500
- HOA Amount: $260
- HOA Frequency: Monthly
- Lot: Level
- Directions: From Austin take 290 W toward Fredericksburg, TX. Arch Ray on the River is approx. four miles before entering the city of Fredericksburg on the East side of 290. Charming Fredericksburg is a 9-minute drive from the property via US-290. Johnson City is a 26-minute drive via US-290, and San Antonio is a 1-hour, 9-minute drive via US-290 and I-10.
- Lot Size: 0.162 Acres
- MLS Number: 9881660
- MLS Name: ACTRIS
- Office Name: McAllister & Associates
- Office Phone: (512) 472-2100
- Listing Agent: Maggie Williams
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
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Last updated on: 5/19/2025, 5:20:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$189,500
5112 E US Highway 290 Unit 12
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Price information
Property sales
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Tax history
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Nearby schools
4
Fredericksburg Elementary School
Public District 2-5
4.8 mi
•1608 N Adams St
7
Stonewall Elementary School
Public District KG-5
9.1 mi
•220 Peach St
3
Comfort Elementary School
Public District PK-5
18.7 mi
•605 3rd 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. Residents of Fredericksburg, TX typically earn between $35k-100k each year. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.
Frequently asked questions
About 5112 E US Highway 290 Unit 12
The listing price of 5112 E US Highway 290 Unit 12 property is $189,500.
The property 5112 E US Highway 290 Unit 12 is land located in Fredericksburg, Texas, 78624.
Active Listing: 5112 E US Highway 290 Unit 12 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5112 E US Highway 290 Unit 12 are: Fredericksburg Elementary School (GreatSchools Rating 4/10), Stonewall Elementary School (GreatSchools Rating 7/10), Comfort Elementary School (GreatSchools Rating 3/10), Fredericksburg Middle School (GreatSchools Rating 6/10), Comfort Middle School (GreatSchools Rating 4/10), Hal Peterson Middle School (GreatSchools Rating 4/10), Alternative School (GreatSchools Rating 1/10), Fredericksburg High School (GreatSchools Rating 5/10), Comfort High School (GreatSchools Rating 4/10).
The property 5112 E US Highway 290 Unit 12 is 0.162 acres.
This home is located at 5112 E US Highway 290 Unit 12 in Fredericksburg, TX and zip code 78624. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $189,500.
In April 2025, from all listings sold in Fredericksburg, TX there were more than 0 sold above asking price, over 3 sold below and more than 1 were sold right at the asked price. In April 2025 in Fredericksburg, TX there were 15.2% more homes for sale than in March. Listings spent 49 days on the market in April 2025, and had a median list price of $584,250 during the same period.