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$3,250,000

NAL Estimated Property Value

10207 E Hwy 290, Fredericksburg, TX, 78624

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths9,505 Sq Ft
price_per_sqft$341.93 / sqft
Year BuiltBuilt in 1996

About this property

In the heart of the TX Hill Country Wine Corridor, this 13.9-acre premier vineyard estate features Tuscan-inspired architecture & TX terroir. Located 9 miles from Fredericksburg with access to Austin (68 mi) & San Antonio (67 mi), it boasts 500' of frontage on Hwy 290. The property includes a 200 GPM permitted public water supply well system, & two septic systems (one state-licensed commercial). Key structures: 3196 sqft luxury venue for Mendelbaum Cellars, 2400 sqft renovated tasting room with two rental apartments above, & 2975 sqft open limestone patio for events. Amenities: ample parking, fenced pastures with stock tank, space for expansion, & one billboard for visibility. Onsite accommodations: two loft apartments with kitchenettes, a 2149 sqft two-story home, & a manufactured home, all leasable as B&B/STR options. Architectural highlights: double wooden doors, limestone walls, dome-shaped roof, wrought-iron chandeliers, stained cement floors, & tables from wine barrels. 12.5 acres are ag-exempt with an irrigation system. The estate's prime location & stunning views are ideal for hospitality, restaurant, wine production, and tasting ventures.

Investor Tools

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$3,250,000
Estimated Property Value
$0Estimated Mortgage Balance
$3,250,000Estimated Equity
100% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$19,500 /month
Positive
Cash Flow Estimate:
$6,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Fredericksburg