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$5,995,000

NAL Estimated Property Value

10219 E Hwy 290, Fredericksburg, TX, 78624

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths18,270 Sq Ft
price_per_sqft$328.13 / sqft
Year BuiltBuilt in 1996

About this property

In the heart of the TX Hill Country Wine Corridor, this premier vineyard estate spans 26.9 acres and epitomizes Texan winemaking tradition. Combining Inwood Estates Winery & Bistro with Mendelbaum Guest Cabins & Mendelbaum Cellars, the estate offers Tuscan-inspired architecture & TX terroir. Located 9 miles from Fredericksburg with access to Austin (68 mi) & San Antonio (67 mi), it boasts 1118' of frontage on Hwy 290 & 1125' of Grape Creek frontage. 15 acres are dedicated to agriculture, including one acre of planted grape varietals, with irrigation system & 19.62 acres being ag exempt. Water supply includes two wells (200 GPM permitted public water supply well system & 45 GPM), along with four septic systems (2 are permitted commercial systems). Structures feature a 5981-sqft winery, tasting room, & bistro for Inwood Estates, a 2400-sqft renovated tasting room, & a 3196-sqft luxury venue for Mendelbaum Cellars. Accommodation options include six short-term rental cabins, two short-term rental apartments, 2149-sqft two-story rental unit, & a manufactured home. Additional amenities include warehouse storage, ample parking, fenced pastures, a stock tank, & two billboards on Hwy 290.

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$5,995,000
Estimated Property Value
$0Estimated Mortgage Balance
$5,995,000Estimated Equity
100% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$35,970 /month
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Cash Flow Estimate:
$11,990 /month

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Financing Details

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

City: Fredericksburg

10219 E Hwy 290 | Property Details | No Agent List