Boutique Wedding Venue and
394 Ranch Rd 1376 Rd Fredericksburg, TX 78624
394 Ranch Rd 1376 Rd, Fredericksburg, TX, 78624
$2,598,000
For Sale
$2,598,000
A turnkey Hill Country property with guest accommodations and a pavilion for events on 13.86 acres.
Property Size4,155 SF
Lot Size13.86 Acres
Price / SF$625.27
Days on Market42
Property Features for 394 Ranch Rd 1376 Rd
General Information
- Standard status
- Active
- Size
- 4,155 SF
- Lot size
- 13.86 Acres
- Property subtype
- Commercial
Listing Agency
Reata Ranch Realty, LLC
(325) 347-4702
Listed by
Michele Smith · License #TREC#0546840
(325) 347-4702
Source
Elliman
Added: Jun 10 Updated: Jul 10 at 1:54 pm Checked: Jul 20 at 1:37 am
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 Reata Ranch Realty, LLC
Investment Insights
Based on property information with market context.
This established boutique wedding venue and income-producing BnB is set on 13.86 acres and built with locally sourced limestone, cedar, and reclaimed shiplap details. The property includes two guest residences, each offering 2-bedroom suites, for on-site lodging. Event features center on a pavilion designed to seat approximately 60 guests, with exposed beams, separate “his and her” bathrooms, a floor-to-ceiling stone fireplace, and a catering prep area. Large sliding doors open to a courtyard setting, designed for evening sunset views.
Located between Fredericksburg and Luckenbach along the Hill Country Wine Corridor near Hwy 290, the property is positioned for destination visitors and event guests. Additional site and utility capacity includes oversized septic systems and a 60 gpm well. TxDot has verbally given the seller a pre-approval for distance requirements if a new owner wishes to install a commercial entrance.
The configuration supports continued operation as a wedding venue and BnB, or a change to a private compound, winery, tasting room, or event center. With the property being sold fully furnished with event inventory, it is well suited for an owner-operator or buyer seeking an event and hospitality use from day one. Detailed financial information is available to serious, qualified buyers upon request.
Located between Fredericksburg and Luckenbach along the Hill Country Wine Corridor near Hwy 290, the property is positioned for destination visitors and event guests. Additional site and utility capacity includes oversized septic systems and a 60 gpm well. TxDot has verbally given the seller a pre-approval for distance requirements if a new owner wishes to install a commercial entrance.
The configuration supports continued operation as a wedding venue and BnB, or a change to a private compound, winery, tasting room, or event center. With the property being sold fully furnished with event inventory, it is well suited for an owner-operator or buyer seeking an event and hospitality use from day one. Detailed financial information is available to serious, qualified buyers upon request.
Key Highlights
- 13.86‑acre Hill Country property operating as a boutique wedding venue and income‑producing BnB between Fredericksburg and Luckenbach
- Two guest residences, each featuring 2 bedroom suites, plus 4,155+/- sq ft of improvements
- Event pavilion for approx. 60 guests with exposed beams, his & her bathrooms, a floor‑to‑ceiling stone fireplace, and catering prep area
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
Property Profile
Location Intelligence
Current Use by Public Records
Bed & breakfasts
Similar For Sale Nearby
Similar Off Market Nearby
- Settlers Crossing — 104 Settlers Crossing Rd, Fredericksburg, TX 78624
- Bending Oaks Ranch RV Resort — 5681 US-290, Fredericksburg, TX 78624
- Historic Rocky Hill: Bordeaux Suite — Fredericksburg, TX 78624
FAQs
What type of property is this?
Bed & breakfast - A turnkey Hill Country property with guest accommodations and a pavilion for events on 13.86 acres.
Where is this bed & breakfast located?
The property is located at 394 Ranch Rd 1376 Rd 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: 13.86‑acre Hill Country property operating as a boutique wedding venue and income‑producing BnB between Fredericksburg and Luckenbach; Two guest residences, each featuring 2 bedroom suites, plus 4,155+/- sq ft of improvements; Event pavilion for approx. 60 guests with exposed beams, his & her bathrooms, a floor‑to‑ceiling stone fireplace, and catering prep area
