394 Ranch Rd 1376 Rd, Fredericksburg, TX 78624
A turnkey Hill Country property with guest accommodations and a pavilion for events on 13.86 acres.
- Added:
- Jun 10, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 11 at 3:11 am
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 agent Michele Smith License #TREC#0546840 (325) 347-4702
Listing office Reata Ranch Realty, LLC (325) 347-4702
Listing date Jun 10, 2026
Source Elliman
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
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
- Pavilion includes large sliding doors opening to a courtyard with evening sunset views
- Sold fully furnished with event inventory, with locally sourced limestone, cedar, and reclaimed shiplap details throughout
- 60 gpm well and oversized septic systems for growth/expansion; TxDot provided verbal pre‑approval for distance requirements for a new commercial entrance
Overview
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.
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 |
Alternative Uses
Current Use by Public Records
Similar Places 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
Location Insight
- Map
- Local Demand
- City
- Fredericksburg
- County
- Gillespie
- State
- Texas
- Longitude
- -98.8053621
- Latitude
- 30.2197616
