Vineyard and Winery
For Sale
$3,500,000
1213 Kott Road, Fredericksburg, TX 78624
Texas Hill Country property with a pond and an approximately 4,500 SF barn suited for a tasting room concept.
Property Size4,550 SF
Price / SF$769.23
Days on Market296
Property Features for 1213 Kott Road
General Information
Standard status
Active
Size
4,550 SF
Property subtype
Commercial
Building Details
Year Built
1990
Listing Agency:
Phyllis Browning Company
Listed By:
Brian Stamness · License #0700794
(210) 232-7381
Source:
Phyllisbrowning
Added: Dec 28, 2025
Changed: Oct 19
Last Checked: Oct 19 at 9:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Phyllis Browning Company
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Investment Insights
Based on property information with market context.
La Marguerite is a versatile Texas Hill Country property offered for sale as a redevelopment canvas. The site features approximately 60+/- acres of rolling landscape and an existing one-acre pond. A 4,500 SF barn built using the framing of a 200+ year old Amish barn is on site and can be positioned as a tasting room for a winery concept.
The property is located about 12 miles from Fredericksburg off Highway 16 south, providing a rural hospitality and destination setting.
While the offering highlights wine and tasting room possibilities, the improvements and landscape are also presented as a fit for a boutique hotel or bed-and-breakfast redevelopment plan.
The property is located about 12 miles from Fredericksburg off Highway 16 south, providing a rural hospitality and destination setting.
While the offering highlights wine and tasting room possibilities, the improvements and landscape are also presented as a fit for a boutique hotel or bed-and-breakfast redevelopment plan.
Key Highlights
- Texas Hill Country property with a pond and approximately 60 +/- acres
- About 4,500 SF barn built in 1990, suited for a tasting room concept
- Barn built using the framing of a 200+ year old Amish barn
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$241,196
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,823,920
$4.8M
Cap Rate 7%
$3,445,657
$3.4M
Cap Rate 9%
$2,679,956
$2.7M
Market Conditions
NOI Build-Up for 4,550 SF
Gross rent
$546.0K $120.00/SF
− Vacancy
−$38.2K −$8.40/SF
EGI
$507.8K $111.60/SF
− OpEx
−$266.6K −$58.59/SF
NOI
$241.2K $53.01/SF
Area
Gillespie County, TX
Vacancy
7.00%
Lease Rate
$120.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,823,920
Cap Rate 7%
$3,445,657
Cap Rate 9%
$2,679,956
Alternative Uses
Best Use
Hotel Hospitality
$3.45M
$3.01M – $4.02M
NOI $241,196 @ 7.0% cap · market cap 6.89%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78624, TX
23,080
Population
12,421
Households
1.9
Avg Household Size
52
Median Age
37%
College-Educated
89%
High-School Grad
742.3 sq mi
ZIP Area
31
Density / Sq Mi
$67,987
Median Household Income
$37,047
Median Earnings
$1,347
Median Rent
$439,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Bed & breakfast - Texas Hill Country property with a pond and an approximately 4,500 SF barn suited for a tasting room concept.
Where is this bed & breakfast located?
The property is located at 1213 Kott Road Fredericksburg, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Texas Hill Country property with a pond and approximately 60 +/- acres; About 4,500 SF barn built in 1990, suited for a tasting room concept; Barn built using the framing of a 200+ year old Amish barn
