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Property profile & analytics
OFF-MARKET
Commercial real estate

7994 Us Highway 290 Johnson City, TX 78636

2,280 SF 26 ac lot Built 2019
Property ID
US83-0788090
Property summary
AI-generated overview

This exceptional 26-acre property boasts a prime location on Highway 290 in the heart of Texas Hill Country's wine region, situated between Fredericksburg and Johnson City. The land offers over 500 feet of highway frontage, presenting a unique opportunity for various commercial ventures, including wineries, distilleries, or hospitality businesses. Currently operating as a successful short-term rental, the property includes a fully furnished, high-end 2,280-square-foot manufactured home featuring four bedrooms, three bathrooms, two large living areas, and covered decks. Outdoor amenities include a fire pit and perimeter fencing. Infrastructure includes a 40-foot storage container, a well producing 20 gallons per minute, electricity, a crushed rock driveway, and an electric gate. The property is ideally located near numerous established wineries and vineyards, offering easy access to the vibrant wine community and benefiting from the high tourism traffic on Highway 290. With its unrestricted zoning and abundant amenities, this property presents a rare opportunity for both commercial development and personal enjoyment in one of Texas' most desirable locations. The property is offered as a 1031 exchange opportunity. The asking price is $3,198,000, with a land value of $150,000 per acre. Built in 2019, the single-story home sits on a one-acre lot with a total of 26 acres. The property's APN is R85414 and is owned by Hye Life, LLC.

Property profile
Verified
Property type Commercial real estate
Year built 2019
Total area 2,280 SF
Lot 26 ac (1,132,560 SF)
APN R85414
UPID US83-0788090
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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