394 Ranch Road 1376 Fredericksburg, TX 78624
For Sale
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This exceptional property, nestled between Fredericksburg and Luckenbach in the Texas wine country, presents a rare leasing opportunity. Currently configured as a bed and breakfast, boutique wedding venue, and private residence, this versatile space offers immense potential. The property boasts a charming cabin with two bedroom suites, a main house featuring two additional bedroom suites, and a stunning pavilion capable of accommodating approximately 50-55 guests. The pavilion features exposed wood beams, a stone fireplace, his and her bathrooms, and expansive 8-foot custom sliding doors opening onto a private courtyard. The entire property underwent a complete remodel and expansion in 2019, showcasing high-end finishes including hickory flooring, knotty alderwood cabinetry, and elegant limestone fireplaces. The lease term is flexible, ranging from three to five years, with a 3% annual rent increase. Prospective tenants should be aware that depending on their intended use, they may need to conduct due diligence with the county regarding well and septic system usage. A security deposit equivalent to the first and last month's rent ($13,000) is required. This is an unparalleled chance to secure a beautifully appointed and uniquely situated venue in the heart of Texas's renowned wine region.
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
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.