
— bed, — bath on 86.00 acres in Fredericksburg. Fredericksburg, TX 78624. $2,000,000. Fredericksburg ISD.
The property encompasses 86± acres of prime land just outside Fredericksburg in the heart of the Texas Hill Country, offering a rare combination of privacy, natural beauty, and convenience. Located approximately 20 minutes from Fredericksburg Main Street known for its shopping, dining, and wineries the property provides both seclusion and accessibility. The land features a scenic blend of native hardwoods and cedar, supporting abundant wildlife and reflecting the true character of the Hill Country. Rolling terrain and elevated homesites deliver sweeping panoramic views, stunning sunsets, and wide open skies. Multiple potential build sites offer unique vantage points across the acreage. A picturesque creek bed, accented with historic wagon wheel markers, adds charm and a sense of heritage. The property is well-suited for a private ranch, weekend retreat, or full-time residence, with additional potential for recreation, hunting, or future improvements such as roads and fencing. Carved from a larger, generational ranch, this one-owner property presents a rare opportunity to own a significant piece of Hill Country land. An access easement will be provided, allowing flexibility while maintaining privacy and the integrity of the surrounding ranch. With its size, location, and natural beauty, this property offers an exceptional canvas to build, invest, and enjoy one of Texas’ most desirable regions.
The iron gates at 203 Rheingold School Road open onto 86 acres of privately held Hill Country land that reads less like raw acreage and more like a carefully stewarded country estate. This is tamed wilderness: rolling terrain framed by native oak and cedar, multiple elevated homesites with panoramic views of the surrounding valleys, and a creek bed that anchors the property with both practical water access and historic character marked by vintage wagon wheels.
The driveway winds through the property's interior, revealing the thoughtful layout of potential building sites. Each vantage point offers different perspectives on the sweeping Hill Country landscape. Morning light catches the limestone ridges. Sunsets paint the open skies gold and crimson. The elevation changes across the acreage aren't obstacles; they're architectural advantages for anyone building here.
The grounds themselves tell the story of deliberate land stewardship. This isn't speculative acreage. This parcel was carved from a larger generational ranch and held as a single ownership, which means the land carries continuity and care. The hardwoods and cedar stands support active wildlife and provide natural windbreaks. Fencing and road infrastructure are feasible across the terrain. The property sits approximately 20 minutes from Fredericksburg Main Street, where the town's wineries, restaurants, and galleries cluster along the historic downtown corridor.
Structurally, 203 Rheingold School Road offers multiple futures. Build a stately residence on one of the elevated homesites. Develop a weekend retreat. Create a full-time ranch operation. The land supports hunting, recreation, and the kind of privacy that becomes rarer in the Texas Hill Country every year. Access to the property is secured by easement, protecting both your privacy and the integrity of the surrounding landscape.
Fredericksburg ISD serves the area, with all three school levels within the district. For those working in Austin's tech corridor or commuting to major employers, the Hill Country location provides that sought-after separation while keeping employment centers reachable.
What makes this property remarkable isn't just the size or the views. It's that 86 acres of this quality, this proximity to Fredericksburg, and this existing stewardship rarely become available. The canvas is ready.
Verified property facts
203 Rheingold School Rd is listed at $2,000,000 with 0 bedrooms, 86.00-acre lot.
203 Rheingold School Rd is zoned for Fredericksburg ISD with assigned schools: Fredericksburg (elementary), Fredericksburg (middle), Fredericksburg (Fredericksburg ISD) (high). School assignments should be verified directly with the district.
203 Rheingold School Rd is listed by Reata Ranch Realty, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 2, 2026.
This page does not assume a mortgage rate or publish a monthly payment for 203 Rheingold School Rd. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
2 records on file
Every recorded listing, sale, and lease at 203 Rheingold School Rd, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Fredericksburg ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($400K)
Adjustable assumption - not a lending recommendation.
$2,000,000
Luxury property intelligence
A sourced read on Fredericksburg pricing, timing, and property scale. No automated valuation claim.
List price
$2,000,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
163 days
Original to current
No verified reduction
$2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 2, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
As of Oct 2, 2026, 203 Rheingold School Rd is offered at $2,000,000. The current MLS snapshot shows 54 active listings in 78624.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Fredericksburg
Comparable homes that recently closed in this area
Active listings near 203 Rheingold School Rd