11382 E US Hwy 290 Fredericksburg TX 78624

11382 E US Hwy 290 Fredericksburg TX 78624

$1,195,000 Fredericksburg, TX 78624

Description

UNRESTRICTED 12-Acre Property on the Texas 290 Wine Trail – Prime Investment Opportunity! This 12.02-acre property on the TX 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 bed, 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 property 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.

Key Features

  • Property Type residential-property
  • Acres Acres
  • Zoning residential-property
  • Utilities Call for more info
  • Improvements Call for more info
  • Minerals Call for more info
  • Water Call for more info

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