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Property profile & analytics
OFF-MARKET
Mixed-use properties

394 Farm To Market 1376 Fredericksburg, TX 78624

4.86 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.86-acre mixed-use property in Gillespie County, Texas, presents a unique investment opportunity. Located between Fredericksburg and Luckenbach in the Texas Wine Corridor, the property boasts a charming blend of hospitality, retail, and event venue potential. Currently configured as a bed and breakfast, boutique wedding venue, and private residence, the property offers significant versatility. The main structures include a cabin with two bedroom suites and a house with two additional bedroom suites, all featuring high-end finishes such as hickory flooring, knotty alderwood cabinets, and limestone fireplaces. A large pavilion, capable of seating approximately 50-55 guests, features exposed wood beams, a stone fireplace, his and her bathrooms, and 8-foot custom sliding doors opening to an outdoor courtyard. Completely remodeled and expanded in 2019, this property is move-in ready. The expansive acreage provides ample room for future expansion, making it ideal for a variety of uses, including a wine venue or similar hospitality-focused business. The property is offered with a triple net (NNN) lease, and lease options are negotiable. The address is 394 Farm to Market 1376, Fredericksburg, TX 78624. The asking price is $1,990,000.

Property profile
Verified
Property type Mixed-use properties
Lot 4.86 ac (211,702 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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