394 Ranch Rd 1376 Fredericksburg, TX 78624
COMMERCIAL - Fredericksburg, TX
Property Features for 394 Ranch Rd 1376
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 4,155 SF
- Lot size
- 13.86 Acres
Taxes and HOA fees
- Tax Annual Amount
- 19715
Listing agent Michele Smith License #TX9002241 (325) 347-4702
Listing office Reata Ranch Realty, LLC 408 N Llano St., Fredericksburg, TX (830) 992-3045
Listing date Feb 8, 2026
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.
Investment Insights
Based on property information with market context.
Key Highlights
- Established, income‑producing wedding venue and BnB in the desirable Hill Country Wine Corridor.
- 13.86 acres with two 2‑bedroom guest residences and a pavilion seating approximately 60 guests.
- Turnkey property sold fully furnished with event inventory, offering immediate business potential.
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 |