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    For Sale (45)

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    Fredericksburg Cabins and Barndominium
    $1,999,000
    2,200 SF

    Fredericksburg Cabins and Barndominium

    Five cabins, barndominium, and office on 10+ acres.

    100 -- 5 Star Trl, Fredericksburg, TX 78624
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    7.5 Acres in Gated Subdivision
    $317,500
    7.52 Acres

    7.5 Acres in Gated Subdivision

    7.5-acre property in a private, gated development near Kerrville, TX.

    14 -- Thornton Rdg Dr, Kerrville, TX 78028
    View details
    Fredericksburg City Lots Opportunity
    $159,000
    0.25 Acres

    Fredericksburg City Lots Opportunity

    Prime lot near downtown Fredericksburg, perfect for building your dream home.

    1013 Avenue B, Fredericksburg, TX 78624
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    Harper Ranch with Hill Country Views
    $1,344,500
    109.73 Acres

    Harper Ranch with Hill Country Views

    Scenic 109.73-acre ranch with homes, hunting, and agricultural potential.

    315 Rieger Rd, Harper, TX 78631
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    Fredericksburg Ranch with River Frontage
    $2,950,000
    151.37 Acres

    Fredericksburg Ranch with River Frontage

    151+ acre ranch with river frontage near Fredericksburg, Texas.

    199 Lexington Dr, Fredericksburg, TX 78624
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    Texas Hill Country Subdivision Lot
    $177,000
    5.44 Acres

    Texas Hill Country Subdivision Lot

    5.349-acre AG-exempt corner lot in gated community with amenities.

    Lot 100 -- Packsaddle Dr, Harper, TX 78631
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    Fredericksburg Acreage with Development Potential
    $1,150,000
    9.37 Acres

    Fredericksburg Acreage with Development Potential

    9.37 acres near Fredericksburg with no city restrictions.

    Lot 2 -- Mariposa Dr, Fredericksburg, TX 78624
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    Unrestricted Hill Country Acreage
    $399,000
    21.50 Acres

    Unrestricted Hill Country Acreage

    21.5 acres near Fredericksburg with views and utilities.

    21317 -- Fm 2323, Llano, TX 78643
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    Texas Hill Country Farm Retreat
    $3,495,000
    26.35 Acres

    Texas Hill Country Farm Retreat

    Exceptional residence with year-round Bear Creek in the Texas Hill Country.

    2975 Bear Creek Rd, Fredericksburg, TX 78624
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    Fredericksburg City Lot Opportunity
    $295,000
    0.29 Acres

    Fredericksburg City Lot Opportunity

    Large .29-acre lot near Main Street in Fredericksburg, TX.

    Lot 2 -- Fulton St, Fredericksburg, TX 78624
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    10-Acre Tract in Hidden Springs
    $395,000
    10.01 Acres

    10-Acre Tract in Hidden Springs

    10-acre tract with views, building site, and community amenities.

    4 Inspiration Loop, Fredericksburg, TX 78624
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    Harper, TX Land with River
    $250,000
    10.05 Acres

    Harper, TX Land with River

    Picturesque 10+ acres with river, ideal for dream home.

    21698 Fm 2093, Harper, TX 78631
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    Fredericksburg Homesites in Gated Community
    $207,134
    4.10 Acres

    Fredericksburg Homesites in Gated Community

    Exclusive homesites in gated community near Fredericksburg, ranging from 3-4 acres.

    10 -- Harvest Hl Ln, Fredericksburg, TX 78624
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    Fredericksburg Homesite in Gated Community
    $208,145
    4.12 Acres

    Fredericksburg Homesite in Gated Community

    Exclusive homesite in gated community near Fredericksburg, Texas.

    11 -- Harvest Hl Ln, Fredericksburg, TX 78624
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    Texas Hill Country Lot
    $649,000
    1.60 Acres

    Texas Hill Country Lot

    1.6 acre lot in prestigious Boot Ranch community.

    759 -- Hagee Dr, Fredericksburg, TX 78624
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    10 Acres in Hidden Springs
    $395,000
    10.01 Acres

    10 Acres in Hidden Springs

    Residential land with amenities near Fredericksburg, Texas.

    5 Inspiration Loop, Fredericksburg, TX 78624
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    Fredericksburg Hill Country View Lot
    $215,000
    4.17 Acres

    Fredericksburg Hill Country View Lot

    Premier gated community lot with panoramic views and STR potential.

    9 -- The Vw Blvd, Fredericksburg, TX 78624
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    Fredericksburg Land with Paved Access
    $325,000
    10.03 Acres

    Fredericksburg Land with Paved Access

    10.03 acre tract near Fredericksburg with building sites.

    2082 -- Kopper Kettle Ln, Fredericksburg, TX 78624
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    Hill Country Acreage For Sale
    $205,000
    10.33 Acres

    Hill Country Acreage For Sale

    10.33 acre tract in Stevens Creek Estates.

    7 Duderstadt Rd, Harper, TX 78631
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    Picturesque Land with River Boundary
    $265,000
    14.85 Acres

    Picturesque Land with River Boundary

    14+ acre vacant land with river boundary near Harper, TX.

    21882 -- Fm 2093, Harper, TX 78631
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    Fredericksburg Homesites in Gated Community
    $197,010
    3.40 Acres

    Fredericksburg Homesites in Gated Community

    Exclusive homesites in gated community near Fredericksburg, ranging from 3-4 acres.

    2 -- Harvest Hl Ln, Fredericksburg, TX 78624
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    Fredericksburg Homesite in Gated Community
    $165,707
    3.28 Acres

    Fredericksburg Homesite in Gated Community

    Exclusive homesite in gated community near Fredericksburg, Texas.

    5 -- Harvest Hl Ln, Fredericksburg, TX 78624
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    Fredericksburg Homesite in Gated Community
    $235,832
    4.07 Acres

    Fredericksburg Homesite in Gated Community

    Exclusive homesite in gated community near Fredericksburg, Texas.

    7 -- Harvest Hl Ln, Fredericksburg, TX 78624
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    Fredericksburg Homesite in Gated Community
    $234,673
    4.05 Acres

    Fredericksburg Homesite in Gated Community

    Exclusive homesite in gated community near Fredericksburg, Texas.

    8 -- Harvest Hl Ln, Fredericksburg, TX 78624
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    Fredericksburg Ranch with Residential Homes
    $1,950,000
    3,170 SF

    Fredericksburg Ranch with Residential Homes

    Manicured 80-acre ranch near Fredericksburg with multiple residences.

    20400 Fm 2093, Fredericksburg, TX 78631
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    Picturesque Land near Pedernales River
    $250,000
    10.05 Acres

    Picturesque Land near Pedernales River

    10+ acres of vacant land near Harper, Texas.

    21688 -- Fm 2093, Harper, TX 78631
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    Pedernales Riverfront Residential Lot
    $309,000
    3.60 Acres

    Pedernales Riverfront Residential Lot

    3.598-acre lot with river frontage in gated community.

    638 Vintners Way, Fredericksburg, TX 78624
    View details
    5-Acre Lot in Hidden Springs
    $299,000
    5.02 Acres

    5-Acre Lot in Hidden Springs

    Homesite with Hill Country views and community amenities near Fredericksburg.

    120 -- Crepe Myrtle Ct, Fredericksburg, TX 78624
    View details
    Harper, TX Ranch Retreat
    $725,000
    21.06 Acres

    Harper, TX Ranch Retreat

    21-acre ranch with home, barn, guest quarters, and potential.

    221 -- Coyote Trl, Harper, TX 78631
    View details
    Fredericksburg City Lot Opportunity
    $199,000
    0.18 Acres

    Fredericksburg City Lot Opportunity

    Scenic lot near Main Street to build your dream home.

    404 -- Fulton St, Fredericksburg, TX 78624
    View details
    Texas Hill Country Residential Lot
    $849,000
    2.75 Acres

    Texas Hill Country Residential Lot

    2.75 acre lot in prestigious Boot Ranch golf community.

    529 -- Hagee Dr, Fredericksburg, TX 78624
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    Land in The Views, Fredericksburg
    $215,000
    4.17 Acres

    Land in The Views, Fredericksburg

    Residential land with Hill Country views, near wineries and Luckenbach.

    The Vw Blvd, Fredericksburg, TX 78624
    View details
    Picturesque Land with River Boundary
    $259,000
    12.03 Acres

    Picturesque Land with River Boundary

    12+ acres near Harper, TX, with river and scenic views.

    21690 -- Fm 2093, Harper, TX 78631
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    Picturesque 20 Acres Near River
    $375,000
    20.05 Acres

    Picturesque 20 Acres Near River

    20 acre lot with river frontage near Harper, Texas.

    21975 -- Fm 2093, Harper, TX 78631
    View details
    Historic Cabin on 10 Acres
    $1,895,000
    10.00 Acres

    Historic Cabin on 10 Acres

    Authentic 1700s log cabin on 10 acres with creek.

    401 -- Clear Crk Rd, Fredericksburg, TX 78624
    View details
    Fredericksburg Land with Productive Soils
    $325,000
    10.03 Acres

    Fredericksburg Land with Productive Soils

    10.03 acre lot near Fredericksburg with building sites.

    8 -- Kopper Kettle Ln, Fredericksburg, TX 78624
    View details
    Fredericksburg Land with Productive Soils
    $325,000
    10.00 Acres

    Fredericksburg Land with Productive Soils

    10-acre tract near Fredericksburg with water well and abundant wildlife.

    11470 N Us Highway 87, Fredericksburg, TX 78624
    View details
    Residential Land in Gated Subdivision
    $395,000
    5.02 Acres

    Residential Land in Gated Subdivision

    5.02 acre residential land with amenities near Fredericksburg, TX

    360 -- Inspiration Loop, Fredericksburg, TX 78624
    View details
    Fredericksburg 10-Acre Residential Lot
    $395,000
    10.01 Acres

    Fredericksburg 10-Acre Residential Lot

    10-acre residential lot with amenities near Fredericksburg, Texas.

    Lot 4 -- Inspiration Loop, Fredericksburg, TX 78624
    View details
    Fredericksburg Hill Country Getaway
    $1,495,000
    28.26 Acres

    Fredericksburg Hill Country Getaway

    28-acre investment property with four residences near Fredericksburg.

    9848 W Us Highway 290, Fredericksburg, TX 78624
    View details
    Fredericksburg 100-Acre Hill Country Ranch
    $1,950,000
    100.87 Acres

    Fredericksburg 100-Acre Hill Country Ranch

    100-acre ranch property with diverse terrain and abundant wildlife.

    1840 -- Pressler-Henke Rd, Fredericksburg, TX 78624
    View details
    Fredericksburg 100-Acre Hill Country Ranch
    $1,950,000
    101.63 Acres

    Fredericksburg 100-Acre Hill Country Ranch

    100-acre ranch with diverse terrain, wildlife, and recreational appeal.

    1820 -- Pressler-Henke Rd, Fredericksburg, TX 78624
    View details
    Harper, TX Land with River
    $265,000
    14.85 Acres

    Harper, TX Land with River

    Picturesque 14+ acres with river, ideal for dream home.

    21882 Fm 2093, Harper, TX 78631
    View details
    Picturesque Land Near Pedernales River
    $375,000
    20.05 Acres

    Picturesque Land Near Pedernales River

    20+ acres with river frontage near Harper and Fredericksburg.

    21975 Fm 2093, Harper, TX 78631
    View details
    Harper, TX Land with River
    $259,000
    12.03 Acres

    Harper, TX Land with River

    12+ acres with Pedernales River frontage near Harper, TX.

    21690 Fm 2093, Harper, TX 78631
    View details

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    eXp Realty, Absolute Charm Real Estate Group
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    eXp Realty, Absolute Charm Real Estate Group
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