Technical
Financial
Distress signals
Property profile

12350 Tx-16 Fredericksburg, TX 78624

OFF-MARKET
Land
191.2 ac lot
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Property summary

AI-generated overview

This exceptional 191.2-acre unrestricted ranch in Gillespie County, Texas, presents a unique opportunity. Located at 12350 TX-16, Fredericksburg, TX 78624, this property boasts a gently rolling landscape, mature oak trees, and expansive open fields. Water features include Willow Creek, offering approximately 3,300 feet of frontage, and additional ponds providing supplemental water for wildlife and livestock. Improvements include a substantial 4,300+ square foot custom main residence, a separate guest cabin, a pole barn for equipment storage, working pens, and a large barn. Recreational amenities include a private skeet shooting range. The property also offers approximately 900 feet of frontage on Highway 16, providing convenient access. Situated just 15 minutes from downtown Fredericksburg and less than 90 minutes from both Austin and San Antonio, this location offers the perfect blend of rural tranquility and urban accessibility. This property is ideal for a private residence, recreational ranch, or potential development. The asking price is $6,749,000.

Property profile

Verified
Property type Land
Lot 191.2 ac (8,328,672 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12350 Tx-16 Fredericksburg, TX 78624
Fredericksburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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