10279 Us-290 Fredericksburg, TX 78624
This exceptional 13-acre estate in Fredericksburg, Texas, presents a unique investment opportunity. Located in the heart of the Texas Hill Country Wine Corridor, the property boasts nearly 618 feet of prime US Highway 290 frontage and 1125 feet of Grape Creek frontage. The sale includes a 5,984 square foot facility previously occupied by Inwood Estates Vineyards Winery & Bistro (business not included). Also included are six guest cabins – four approximately 350 square feet and two approximately 500 square feet – each with a private hot tub, plus a large hot tub cabana. The existing structures total 8,381 square feet across ten buildings and two stories, with eight units. Built in 2012, the property features abundant parking, a 45-GPM well, access to a 200-GPM public water supply well system, and two septic systems (one commercially permitted). A prominent billboard along US Hwy 290 provides additional advertising potential. The property offers significant expansion possibilities, including additional cabins or vineyard development. This turnkey operation presents a rare blend of established infrastructure and significant upside potential in a highly desirable location. The asking price is $3,250,000, with a price per square foot of $387.78.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.