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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

10207 Us-290 Fredericksburg, TX 78624

9,505 SF 13.9 ac lot Built 1996
Property ID
Property summary
AI-generated overview

This exceptional 13.9-acre commercial property, situated in the heart of Texas Hill Country's Wine Corridor, presents a unique investment opportunity. Located on Highway 290, just nine miles from Fredericksburg and within convenient driving distance of Austin and San Antonio, this estate boasts 500 feet of highway frontage. The property includes eight buildings totaling 9,505 square feet of net rentable space, currently configured as a multi-tenant operation. Key structures include a 3,196 square-foot luxury venue, a 2,400 square-foot renovated tasting room with two rental apartments, and a 2,975 square-foot open limestone patio. On-site accommodations consist of two loft apartments with kitchenettes, a 2,149 square-foot two-story home, and a manufactured home, all suitable for leasing as bed and breakfasts or short-term rentals. The property also features a 200 GPM permitted public water supply well system, two septic systems (one state-licensed commercial), ample parking, fenced pastures with a stock tank, and a billboard for enhanced visibility. Approximately 12.5 acres are ag-exempt and equipped with an irrigation system. Architectural highlights include Tuscan-inspired design elements such as double wooden doors, limestone walls, a dome-shaped roof, wrought-iron chandeliers, stained cement floors, and tables crafted from wine barrels. The property's prime location and stunning views make it ideal for a variety of hospitality, restaurant, wine production, and tasting ventures. The asking price is $3,250,000, with a price per square foot of $341.93. Built in 1996, this property offers significant potential for growth and expansion.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1996
Total area 9,505 SF
Lot 13.9 ac (605,484 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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