Resort Ranch with RV
For Sale
Contact for pricing
7991 RANCH RD 965, Fredericksburg, TX 78624
Unrestricted resort ranch with a 3BR/2BA residence and a pull-through RV shelter with full hookups.
Property Size1,344 SF
Lot Size22.00 Acres
Price / SF$651.04
Days on Market75
Property Features for 7991 RANCH RD 965
General Information
Standard status
Active
Size
1,344 SF
Lot size
22.00 Acres
Property subtype
Mixed Use, Land
Building Details
Year Built
1988
Listing Agency:
Phyllis Browning Commercial
(210) 408-2500
Listed By:
Annie Thompson · License #804962
Source:
Crexi
Added: May 19
Changed: Jul 21
Last Checked: Aug 1 at 9:53AM
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 Phyllis Browning Commercial
Investment Insights
Based on property information with market context.
Enchanted Fredericksburg Ranch is an unrestricted Hill Country property featuring a well-maintained 3BR/2BA residence with expansive covered decks and a 2-car carport. Additional improvements include a metal building with slab and roll-up doors, a backup generator, an additional electric meter, three remodeled powered outbuildings, roadside signage, a rainwater catchment system, and a pull-through RV shelter with full hookups.
The property is set on 22 acres and is described as being within 15 minutes of Fredericksburg’s historic Main Street and Enchanted Rock State Natural Area. The land has rolling and rocky terrain, an unnamed seasonal creek, dark skies, native grasses and wildflowers, more than 20 identified native hardwood species, abundant wildlife, and a recognized pollinator habitat.
The seller notes the buyer may divide and maintain agriculture tax exemption status, and the property is currently under wildlife management tax exemption.
The property is set on 22 acres and is described as being within 15 minutes of Fredericksburg’s historic Main Street and Enchanted Rock State Natural Area. The land has rolling and rocky terrain, an unnamed seasonal creek, dark skies, native grasses and wildflowers, more than 20 identified native hardwood species, abundant wildlife, and a recognized pollinator habitat.
The seller notes the buyer may divide and maintain agriculture tax exemption status, and the property is currently under wildlife management tax exemption.
Key Highlights
- 22 unrestricted acres in the Texas Hill Country, with an existing 3BR/2BA residence and expansive covered decks
- Pull‑through RV shelter with full hookups, plus a backup generator and additional electric meter
- Metal building with slab and roll‑up doors, along with a 2‑car carport and roadside signage
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 | $161.3k | $120.00 |
| − Vacancy | −$11.3k | −$8.40 |
| EGI | $150.0k | $111.60 |
| − OpEx | −$78.7k | −$58.59 |
| NOI | $71.2k | $53.01 |
1,344 SF · lease $120.00/SF/yr · vacancy 7.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$1.02M
$890.6K – $1.19M
NOI $71,245 @ 7.0% cap · market cap 8.14%
Second Best
Retail
$285.0K
$249.4K – $332.5K
NOI $19,951 @ 7.0% cap · market cap 2.28%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Resort - Unrestricted resort ranch with a 3BR/2BA residence and a pull-through RV shelter with full hookups.
Where is this resort located?
The property is located at 7991 RANCH RD 965 Fredericksburg, TX.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 22 unrestricted acres in the Texas Hill Country, with an existing 3BR/2BA residence and expansive covered decks; Pull‑through RV shelter with full hookups, plus a backup generator and additional electric meter; Metal building with slab and roll‑up doors, along with a 2‑car carport and roadside signage
