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$4,500,000

7534 West US Highway 290 Highway, Hye, TX, 78635

On MarketInfo

About this property

Situated along US Highway 290 in Hye, Texas, this ±35-acre tract oers frontage on both sides of Rocky Creek—a rare feature that enhances both the property’s setting and usability. The land combines accessibility and natural beauty with a prime location between Fredericksburg and Johnson City on the Texas Wine Trail. Rolling terrain, mature oak trees, and extensive cedar clearing create a park-like landscape and a strong foundation for future development along Highway 290. Rocky Creek traverses the entire depth of the property for some 1,540 feet with two concrete dams, a special feature limited to few Texas Hill Country properties. This amenity provides long term appeal and property appreciation for use as a private ranch, residential, hospitality or numerous other uses along this highly desirable corridor in Blanco, County. This property represents one of the most distinctive offerings in the Texas Hill Country. Existing improvements include two residences, several sheds and storage buildings, two dams, and two water wells—providing immediate usability and flexible redevelopment potential. PROPERTY HIGHLIGHTS ±1,900 FT of frontage on US Highway 290 with excellent visibility 1,540 FT Scenic Rocky Creek frontage with gentle slopes and mature oaks Agricultural & Wildlife exemptions in place (low carrying costs) Two concrete dams and two water wells on-site Prime location along the Texas Wine Trail Between Fredericksburg and Johnson City

Investor Tools

$0Estimated Mortgage Balance
$4,500,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$27,000 /month
Positive
Cash Flow Estimate:
$9,000 /month

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Clint Sayers

Sayers Real Estate Advisors

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Financing Details

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

City: Hye

7534 West US Highway 290 Highway | Property Details | No Agent List