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Keenan Group#1 Austin Board of Realtors Team 2024
203 Rheingold School Rd, photo 1 of 34, Fredericksburg, Fredericksburg, TX
Active

$2,000,000

86.00 acresLot

203 Rheingold School Rd, Fredericksburg, TX 78624

Fredericksburg·MLS# 1389441·183 days on market

— bed, — bath on 86.00 acres in Fredericksburg. Fredericksburg, TX 78624. $2,000,000. Fredericksburg ISD.

About This Home

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.

Property Type
Farm
Lot Size
86.00 acres

Listing information last updated April 22, 2026.

Listed by Reata Ranch Realty, LLC

MLS# 1389441 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 86.00-acre lot
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

Facts & Features

Exterior & Lot

Fencing

  • Barbed Wire
  • Wood
Lot Size
86.00 Acres
Financial
Original List Price
$2,000,000
Utilities
  • Electricity Available

Transaction History

1 record on file

Every recorded listing, sale, and lease at 203 Rheingold School Rd, whoever represented it.

  1. ActiveListed 2026
    Current price: $2,000,000Original list: $2,000,000MLS 1389441
    1. Listed · April 22, 2026$2,000,000

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.

View Timeline
Current list
$2,000,000
Original list
$2,000,000
Price movement
No verified reduction
Listed / DOM
Apr 22, 2026 · 183 days
Map showing 203 Rheingold School Rd
203 Rheingold School Rd
Directions

Zoned Schools

Fredericksburg ISD

1 High School1 Middle School1 Elementary School

Fredericksburg

High SchoolGrades 9-12Zoned assignment

Fredericksburg

Middle SchoolGrades 6-8Zoned assignment

Fredericksburg

ElementaryGrades K-5Zoned assignment

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

Loan: $1.6M
Mortgage rate%
Payoff: ~2056
No mortgage rate is assumed
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Keenan Market Position

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

183 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 15, 2026.

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Verified property facts

Frequently Asked Questions

How much is 203 Rheingold School Rd?

203 Rheingold School Rd is listed at $2,000,000 with 0 bedrooms, 86.00-acre lot. This places it above the ZIP 78624 single-family closed-sale median price of $620,000 (ZIP 78624 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 21, 2026).

What school district is 203 Rheingold School Rd in?

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.

How should a buyer estimate the monthly payment for 203 Rheingold School Rd?

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.

How does 203 Rheingold School Rd compare with other homes in Fredericksburg?

As of Oct 15, 2026, 203 Rheingold School Rd is offered at $2,000,000. The current MLS snapshot shows 64 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.

Why Choose the #1 Austin Board Team for Fredericksburg

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

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Based on information submitted to MLS GRID as of 10/15/2026, 4:07:08 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 4:07:08 PM

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