Winery and Tasting Room
For Sale
$4,300,000
315 Ranch Road 1376, Fredericksburg, TX 78624
Established winery offering tasting room, restaurant space, climate-controlled storage, and on-site vineyard acreage.
Property Size13,000 SF
Lot Size20.00 Acres
Price / SF$330.77
Days on Market197
Property Features for 315 Ranch Road 1376
General Information
Standard status
Active
Size
13,000 SF
Lot size
20.00 Acres
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$86
Listing Agency:
eXp Realty, LLC
(888) 519-7431
Listed By:
Bailey Pippenger Heinatz · License #0709555
(512) 694-0701
Source:
Exprealty
Added: Mar 31
Changed: Oct 13
Last Checked: Oct 12 at 6:36PM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
Longhorn Cellars is an established winery with an on-site tasting room and restaurant. The property includes a 10,000+ square foot building with the tasting room and customer restrooms. A newly built 13,000 square foot building houses the Wranglers restaurant, employee bathrooms, small office space, climate-controlled wine storage, a chemistry lab room, a barrel room, and a private wine library.
The site also features a 1,200 square foot apartment and approximately 3,000 square feet of additional climate-controlled storage. There are about 5 acres of vineyard on site and five loafing sheds at the rear of the property for Longhorns, with four Longhorns (two standard and two mini) that can convey as well. An outdoor pavilion with a concrete floor supports guest seating, and the grounds are described as maintained for entertaining.
Seller terms are noted as flexible regarding lease/purchase arrangements.
The site also features a 1,200 square foot apartment and approximately 3,000 square feet of additional climate-controlled storage. There are about 5 acres of vineyard on site and five loafing sheds at the rear of the property for Longhorns, with four Longhorns (two standard and two mini) that can convey as well. An outdoor pavilion with a concrete floor supports guest seating, and the grounds are described as maintained for entertaining.
Seller terms are noted as flexible regarding lease/purchase arrangements.
Key Highlights
- 20+/- acre Fredericksburg, TX property with established Longhorn Cellars winery, tasting room, small vineyard, and restaurant space
- 10,000+ SF building includes tasting room and customer restrooms
- New 13,000 SF building with restaurant area plus climate‑controlled wine storage, chemistry lab room, barrel room, and private wine library
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$235,219
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,704,380
$4.7M
Cap Rate 7%
$3,360,271
$3.4M
Cap Rate 9%
$2,613,544
$2.6M
Market Conditions
NOI Build-Up for 13,000 SF
Gross rent
$325.0K $25.00/SF
− Vacancy
−$11.4K −$0.88/SF
EGI
$313.6K $24.13/SF
− OpEx
−$78.4K −$6.03/SF
NOI
$235.2K $18.09/SF
Area
Gillespie County, TX
Vacancy
3.50%
Lease Rate
$25.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,704,380
Cap Rate 7%
$3,360,271
Cap Rate 9%
$2,613,544
Alternative Uses
Best Use
Specialty Retail
$3.36M
$2.94M – $3.92M
NOI $235,219 @ 7.0% cap · market cap 5.47%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$9.84M
$8.61M – $11.49M
NOI $689,130 @ 7.0% cap · market cap 16.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
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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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Vineyard - Established winery offering tasting room, restaurant space, climate-controlled storage, and on-site vineyard acreage.
Where is this vineyard located?
The property is located at 315 Ranch Road 1376 Fredericksburg, TX.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: 20+/- acre Fredericksburg, TX property with established Longhorn Cellars winery, tasting room, small vineyard, and restaurant space; 10,000+ SF building includes tasting room and customer restrooms; New 13,000 SF building with restaurant area plus climate‑controlled wine storage, chemistry lab room, barrel room, and private wine library
