394 Farm To Market 1376 Fredericksburg, TX 78624
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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