— 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.
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.
The numbers behind this insight
- Offered at
- $2,000,000
- Listed
- April 22, 2026
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $601 per sq ft over the trailing 12 months (383 sales), as of October 21, 2026.
- 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
Facts & Features
Exterior & Lot
- 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.
- ActiveListed 2026Current price: $2,000,000Original list: $2,000,000MLS 1389441
- 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.
- Current list
- $2,000,000
- Original list
- $2,000,000
- Price movement
- No verified reduction
- Listed / DOM
- Apr 22, 2026 · 183 days
Zoned Schools
Fredericksburg ISD
Fredericksburg
Fredericksburg
Fredericksburg
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
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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