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Property profile & analytics
FOR SALE
Commercial real estate

394 Ranch Road 1376 Fredericksburg, TX 78624

2,783 SF 1.25 ac lot Built 2011
Individually Owned Absentee Owner Free & Clear
Property ID
US82-6295454
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2011
Total area 2,783 SF
Lot 1.25 ac (54,450 SF)
APN 103705
UPID US82-6295454
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
AI Approach AI
$590k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$555k
Owner & transaction history
DORRIS MICHAEL C
DORRIS MICHAEL C
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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