Technical
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Property profile

0 Reeh Rd Fredericksburg, TX 78631

OFF-MARKET
Land
10.09 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 10.09 ac (439,303 SF)

Cap rate & NOI

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

Location

Reeh Rd Fredericksburg, TX 78631
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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