— bed, — bath on 5.00 acres in Fredericksburg. Fredericksburg, TX 78624. $4,199,900.
About This Home
Prime Commercial Business Park in the Heart of Texas Wine Country---Strategically positioned along the highly traveled US-290 Wine Corridor, this income-producing commercial business park offers a rare opportunity to own approximately 5 unrestricted (with more available to purchase) acres in one of the fastest-growing destinations in the Texas Hill Country. Surrounded by renowned wineries, tasting rooms, and destination venues, the property delivers exceptional visibility, accessibility, and long-term investment appeal. The property features approximately 20,000± square feet of existing building space, configured across multiple structures, with tenants currently in place, providing immediate cash flow and stabilized income. Improvements are well-suited for a variety of commercial uses, including light industrial, warehouse, flex space, artisan production, service-based businesses, and retail support for the surrounding wine and tourism industry. With direct frontage and access from US-290, the site benefits from constant traffic exposure and strong brand visibility—an increasingly rare advantage in this high-demand corridor. Well and septic systems are already in place, reducing operating costs and simplifying future development or expansion. The unrestricted zoning offers tremendous flexibility, allowing new ownership to maintain the current income model, reposition the asset, or pursue redevelopment opportunities tailored to market demand. Potential uses include expanded commercial leasing, wine-adjacent businesses, hospitality support services, storage, showroom space, or a custom owner-user headquarters with additional income streams. This is a compelling opportunity for investors seeking stable income with upside, or for commercial buyers looking to secure a premier footprint in Texas Wine Country—where traffic counts, tourism, and growth continue to accelerate.
A rare 5-acre commercial footprint commands the US-290 Wine Corridor in Fredericksburg, where the Gillespie County landscape transforms into one of Texas's most trafficked luxury destinations. This income-producing business park sits at the intersection of constant visibility and operational stability, with approximately 20,000 square feet of existing building space already generating tenant revenue across multiple structures.
The property's strategic position along US-290 delivers what few commercial sites in the region can offer: direct frontage that puts your business in front of thousands of daily travelers heading to wineries, tasting rooms, and destination hospitality venues. The Fredericksburg wine industry has turned this corridor into a consistent economic engine, and this asset captures that momentum without the speculative risk of vacant land. Well and septic systems are operational, eliminating the infrastructure delays that typically extend development timelines.
What makes this holding exceptional is the flexibility embedded in unrestricted zoning. Current tenants provide immediate cash flow and stabilized income, yet the site's configuration across multiple structures accommodates light industrial operations, warehouse flex space, artisan production facilities, or retail support for the surrounding wine and tourism market. An owner-user can consolidate operations while retaining tenant income streams, or a developer can reposition the asset to match evolving market demand in Gillespie County.
The property sits within easy reach of Fredericksburg's commercial core and the expanding tourist economy that now extends well beyond the town center. Traffic counts on US-290 remain among the strongest in the Texas Hill Country, and the wine industry's continued growth trajectory suggests this visibility will only increase in value. For investors seeking stabilized income with built-in upside, or commercial buyers looking to secure a strategic footprint in a high-velocity market, this represents a rare acquisition window. Five acres with existing improvements, operational systems, and tenant occupancy in the fastest-growing wine destination in central Texas doesn't stay available long.
The numbers behind this insight
- Offered at
- $4,199,900
- Listed
- April 13, 2026
- Price changes
- Reduced, down 5.6% from $4,449,900
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $737 per sq ft over the trailing 12 months (185 sales), as of October 21, 2026.
- Property Type
- Commercial Sale
- Year Built
- 2000
- Lot Size
- 5.00 acres
Listing information last updated October 19, 2026.
Listed by Reata Ranch Realty, LLC
MLS# 1712284 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Frame
- Metal Siding
- Slab
- Lot Size
- 5.00 Acres
- Asphalt
- Gravel
Financial
- Original List Price
- $4,449,900
Utilities
- Electricity Connected
- Water Connected
- Water Source
- Private,Well
Transaction History
1 record on file
Every recorded listing, sale, and lease at 10034, whoever represented it.
- ActiveListed 2026Current price: $4,199,900Original list: $4,449,900MLS 1712284
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $4,199,900
- Original list
- $4,449,900
- Price movement
- $250K reduction
- Listed / DOM
- Apr 13, 2026 · 192 days
20% ($840K)
Adjustable assumption - not a lending recommendation.
$4,199,900
Luxury property intelligence
Keenan Market Position
A sourced read on Fredericksburg pricing, timing, and property scale. No automated valuation claim.
List price
$4,199,900
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
192 days
Original to current
$250K reduction
$4.4M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 20, 2026.
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