Turnkey Wedding Venue and
394 Ranch Rd 1376 Fredericksburg, TX 78624
394 Ranch Rd 1376, Fredericksburg, TX, 78624
$2,598,000
For Sale
$2,598,000
COMMERCIAL - Fredericksburg, TX
Property Size4,155 SF
Lot Size13.86 Acres
Price / SF$625.27
Days on Market162
Property Features for 394 Ranch Rd 1376
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 4,155 SF
- Lot size
- 13.86 Acres
Taxes and HOA fees
- Tax Annual Amount
- 19715
Listing Agency
Reata Ranch Realty, LLC
(830) 992-3045
408 N Llano St., Fredericksburg, TX
Listed by
Michele Smith · License #TX9002241
(325) 347-4702
Added: Feb 8 Updated: Jun 21 at 1:01 am Checked: Jul 20 at 5:06 pm
MLS# 101674
Copyright © 2026 Central Hill Country Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This established property, currently operating as a boutique wedding venue and income-producing bed and breakfast, is situated on 13.86 acres between Fredericksburg and Luckenbach in the Hill Country Wine Corridor. The property features locally sourced limestone, cedar, and reclaimed shiplap details throughout. Improvements include two guest residences, each with two bedroom suites, and a pavilion with seating for approximately 60 guests. The pavilion includes exposed beams, his and her bathrooms, a floor-to-ceiling stone fireplace, a catering prep area, and large sliding doors that open to a courtyard with sunset views. The property includes 4,155 square feet of improvements and oversized septic systems for potential expansion. It is being sold fully furnished with event inventory. Potential uses include continuing as a wedding venue and bed and breakfast, converting to a private compound, winery, tasting room, or event center. TxDot has verbally given the Seller a pre-approval for distance requirements if a new owner wishes to put in a commercial entrance. The property has a 60 gpm well and is located near Highway 290, wineries, and other Hill Country attractions.
Key Highlights
- Established, income‑producing wedding venue and BnB in the desirable Hill Country Wine Corridor.
- 13.86 acres with two 2‑bedroom guest residences and a pavilion seating approximately 60 guests.
- Turnkey property sold fully furnished with event inventory, offering immediate business potential.
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $498.6k | $120.00 |
| − Vacancy | −$34.9k | −$8.40 |
| EGI | $463.7k | $111.60 |
| − OpEx | −$243.4k | −$58.59 |
| NOI | $220.3k | $53.01 |
4,155 SF · lease $120.00/SF/yr · vacancy 7.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$3.15M
$2.75M – $3.67M
NOI $220,257 @ 7.0% cap · market cap 8.48%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Wedding venues
Similar For Sale Nearby
FAQs
What type of property is this?
Wedding venue - Established Fredericksburg property on 13.86 acres, ideal for events.
Where is this wedding venue located?
The property is located at 394 Ranch Rd 1376 Fredericksburg, TX.
What is the asking price?
The asking price for this property is $2,598,000.
What are key features of this property?
This property features: Established, income‑producing wedding venue and BnB in the desirable Hill Country Wine Corridor.; 13.86 acres with **two 2‑bedroom guest residences** and a **pavilion seating approximately 60 guests.**; **Turnkey property sold fully furnished with event inventory**, offering immediate business potential.
