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    Fredericksburg Ranch Estate with Views Title is generated by Realmo AI

    1556 -- Pfiester Rd, Fredericksburg, TX 78624

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    Claim this Listing
    New
    For Sale
    $1,950,000

    Acreage, Farm & Ranch, Ranch Land - Fredericksburg, TX

    Type:Farm
    Property size:
    3,315 SF
    Lot size:
    15.00 Acres
    Price / SF:
    $588/SF
    Added:
    May 20, 2026
    Days on Market:
    2
    Last Refresh:
    May 21 at 6:06 pm

    Property Features for 1556 -- Pfiester Rd

    General Information

    Property type
    Land
    Property subtype
    Farm
    Zoning
    None
    Exterior features
    Barn, Guest House, House, Loading Chutes, Working Pens
    Standard status
    Active
    Size
    3,315 SF
    Lot size
    15.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5409.8

    Building Details

    Architectural style
    Ranch
    Additional Structures
    Barn(s), Guest House

    We can help!

    Listing Contact
    Jeremy Lacy

    Listing agent Jeremy Lacy

    Listing office Anders Realty - Fredericksburg 112 N Edison St, Austin, TX

    Listing date May 20, 2026

    MLS# 104548 Listing URL

    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.

    HighLights

    • Spacious family compound with over 3,300 SqFt of total living space including a main home, pool house, and guest house.
    • Panoramic views.
    • Strong water well (30 GPM).
    • Abundance of White‑tailed deer and Axis deer.
    • Large metal barn for storing toys and equipment.
    • Located in a highly sought‑after area south of Fredericksburg.

    Overview

    This exceptional ranch estate is located just south of historic Fredericksburg. The diverse property includes a spacious family compound with over 3,300 SqFt of total living space, featuring a modern Hill Country-style home with 1,839 SqFt in the main home, a multi-purpose pool house overlooking the pool with 756 SqFt, and a charming guest house with 720 SqFt. Additional features include a lovely outdoor pavilion and a large metal barn for storing equipment. The property offers some of the best panoramic views in the county, a strong water well producing 30 GPM, and an abundance of White-tailed deer and Axis deer. Situated along a quiet county road in a highly sought-after area, this 15-acre ranch property has been expertly cared for and is absolutely stunning, offering a truly complete package. Alternatively, the property could be purchased as 31.50 acres with all of the improvements.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Restaurant Garden Center Bed & Breakfast Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Gillespie
    State
    Texas
    Longitude
    -98.9565809
    Latitude
    30.1900994

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    FAQs

    What type of property is this?
    Ranch - Exceptional ranch estate with family compound and panoramic views.
    Where is this ranch located?
    The property is located at 1556 -- Pfiester Rd Fredericksburg, TX.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Spacious family compound with over 3,300 SqFt of total living space including a main home, pool house, and guest house.; Panoramic views.; Strong water well (30 GPM).
    (830) 225-0595
    We can help!
    Listing Contact
    Jeremy Lacy
    Learn More
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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.

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    1556 -- Pfiester Rd, Fredericksburg, TX 78624
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