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Property profile & analytics
OFF-MARKET
Land

5541 Us-290 Johnson City, TX 78636

40 ac lot
Property ID
Property summary
AI-generated overview

Exceptional 40+/- acre unrestricted property situated on the Texas Wine Trail, boasting 1440+/- feet of frontage on US Highway 290. This prime location in Blanco County, near Johnson City, offers unparalleled visibility and accessibility, just 20 minutes from Fredericksburg and under an hour from Austin and San Antonio. The property's developable shape and development-friendly topography, combined with excellent groundwater availability, make it ideal for a variety of ventures, including hospitality, wineries, or tasting rooms. Its strategic location within the heart of Texas Hill Country's wine region ensures high traffic and visibility. The land is completely unrestricted, allowing for diverse development options. Furthermore, the property can be subdivided into 10-acre tracts, providing flexibility for potential buyers. This presents a unique opportunity to capitalize on the thriving Texas wine industry and the area's stunning natural beauty. The asking price is $4,495,000, with a price per acre of $140,000. The property's address is 5541 US-290, Johnson City, TX 78636.

Property profile
Verified
Property type Land
Lot 40 ac (1,742,400 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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