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$3,250,000

NAL Estimated Property Value

10279 E Hwy 290, Fredericksburg, TX, 78624

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths8,381 Sq Ft
price_per_sqft$387.78 / sqft
Year BuiltBuilt in 2012

About this property

Welcome to this 13-acre estate in the heart of the Texas Hill Country Wine Corridor, where nature's bounty meets Tuscan elegance. With 1125' of crystal-clear, Cypress-lined Grape Creek frontage and nearly 618' of prime Hwy 290 frontage, the estate includes two main operations: the leased facilities of Inwood Estates Vineyards Winery & Bistro and the Mendelbaum Winery Guest Cabins. The 5984-sqft Inwood Estates facility and real estate is included in the sale, providing a valuable asset, while the business itself does not convey. The Mendelbaum Winery Guest Cabins business, which does convey, features six rental cabins-four approx. 350 sqft and two approx. 500 sqft-with private hot tubs and a large hot tub cabana. The estate boasts abundant parking, a 45-GPM well with access to a 200 GPM permitted public water supply well system and two septic systems (one permitted commercial), and space for expansion, including potential for additional cabins or vineyards. With its Old-World Tuscan charm, this estate is an enchanting escape into the heart of wine culture, perfect for aspiring vintners and bed-and-breakfast enthusiasts. Additionally, a prominent billboard along US Hwy 290.

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
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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

10279 E Hwy 290 | Property Details | No Agent List