11157 W Us Highway 290 Hye, TX 78635
For Sale
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This exceptional 14+ acre property, ideally located on Hwy 290's wine trail between Fredericksburg and Johnson City, presents a lucrative opportunity in the thriving Texas wine industry. The established vineyard boasts 2.25 acres of established grapevines, with soil analysis indicating a potential yield of up to 6 tons per acre. A robust 150+ gallons per minute well ensures ample water supply. The existing tasting room features a welcoming atmosphere, divided into two spacious areas perfect for both public tastings and private events. The property's high visibility and location amongst renowned wineries like William Chris, Kuhlman Cellars, and Hye Meadow Winery guarantee a steady stream of tourists. The expansive covered porch provides an ideal setting for outdoor events, complementing the indoor space. Employee amenities include a dedicated break room. An upstairs one-bedroom, one-bathroom apartment offers versatile use as owner's quarters, manager's residence, or a short-term rental unit. Ample paved parking is available, enhanced by the convenience of installed EV chargers. This turnkey operation offers a unique chance to own and operate a thriving Hill Country wine experience. The asking price is $2,949,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.