0 Reeh Rd Fredericksburg, TX 78631
This exceptional 10.085-acre ranch property near Fredericksburg, Texas, presents a unique investment opportunity. Located in the gated Ranches at Overhills community in Gillespie County (APN 184907), this lot (Lot 16) boasts breathtaking hilltop views and mature trees. The property is zoned to allow for diverse uses, including barndominiums, Airbnbs, and up to four homesites, making it ideal for residential development or a multi-faceted investment. Livestock and short-term RV use are also permitted. Enjoy the privacy and security of a gated community, while benefiting from readily available electricity and fiber optic internet access. Further enhancing its appeal, this property is AG exempt, resulting in significantly reduced property taxes—estimated at just $11 for 2024. The asking price is $330,000, and owner financing is available, making this an attractive proposition for those seeking a versatile and financially accessible property in a desirable location. The property's address is Reeh Rd, Harper, TX 78631, within the Fredericksburg ISD.
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.