Winery Tasting Room Barn
1213 Kott Rd Fredericksburg, TX 78624
1213 Kott Rd, Fredericksburg, TX, 78624
$3,600,000
For Sale
$3,600,000
60+ acre Hill Country property featuring a 1-acre pond and a 4,500 SF barn built as a tasting room.
Property Size4,550 SF
Lot Size60.00 Acres
Price / SF$791.21
Days on Market612
Property Features for 1213 Kott Rd
General Information
- Standard status
- Active
- Size
- 4,550 SF
- Lot size
- 60.00 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1990
Listing agency
(210) 232-7381
Listed by
Phyllis Browning Company
(210) 232-7381
Source
Xome
Added: Nov 16, 2024 Updated: Jul 21 at 1:52PM Checked: Jul 21 at 1:52PM
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
Investment Insights
Based on property information with market context.
La Marguerite is a versatile 60+ acre Texas Hill Country property that combines scenic rolling landscape with existing hospitality and winery-ready improvements. The site includes a 1-acre pond and an approximately 4,500 SF barn that has been built using the framing of a 200+ year old Amish barn. The barn is configured as a tasting room, offering an on-site focal point for winery operations or guest experiences.
The property is located at 1213 Kott Rd, Fredericksburg, TX 78624, about 12 miles from Fredericksburg off Highway 16 south.
The current setup supports redevelopment concepts that align with the existing amenities, including a boutique hotel or bed and breakfast vision, as well as a winery centered around the tasting room and the surrounding views.
The property is located at 1213 Kott Rd, Fredericksburg, TX 78624, about 12 miles from Fredericksburg off Highway 16 south.
The current setup supports redevelopment concepts that align with the existing amenities, including a boutique hotel or bed and breakfast vision, as well as a winery centered around the tasting room and the surrounding views.
Key Highlights
- 60+/- acre Texas Hill Country property 12 miles from Fredericksburg off Highway 16 south
- 1‑acre pond on‑site, with creek water frontage
- 4,500 SF barn built as a tasting room, using framing from a 200+ year old Amish barn
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 | $546.0k | $120.00 |
| − Vacancy | −$38.2k | −$8.40 |
| EGI | $507.8k | $111.60 |
| − OpEx | −$266.6k | −$58.59 |
| NOI | $241.2k | $53.01 |
4,550 SF · lease $120.00/SF/yr · vacancy 7.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$3.45M
$3.01M – $4.02M
NOI $241,196 @ 7.0% cap · market cap 6.70%
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
La Marguerite
Wedding Service
High Gun Wines
Brewery & Distillery
Similar For Sale Nearby
FAQs
What type of property is this?
Bed & breakfast - 60+ acre Hill Country property featuring a 1-acre pond and a 4,500 SF barn built as a tasting room.
Where is this bed & breakfast located?
The property is located at 1213 Kott Rd Fredericksburg, TX.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 60+/- acre Texas Hill Country property 12 miles from Fredericksburg off Highway 16 south; 1‑acre pond on‑site, with creek water frontage; 4,500 SF barn built as a tasting room, using framing from a 200+ year old Amish barn