249 Eureka Ln, Fredericksburg, TX 78624

Set along approximately 1,700 feet of the Pedernales River, Eureka Farm presents a rare opportunity to own 39± acres of unrestricted riverfront land in the heart of Gillespie County. Accessed by Eureka Ln, a privately owned road, the property offers an added sense of privacy as level pastureland stretches toward the water and mature trees line the riverbanks, creating a shaded corridor rich with wildlife and Hill Country beauty. Just minutes from Fredericksburg and the renowned wineries along the Texas Highway 290 Wine Trail, the ranch balances peaceful seclusion with convenient access to one of the region’s most sought-after destinations. At the center of the property sits a 3,544± sq. ft. residence, thoughtfully expanded from an original German homestead, blending historic character with generous living spaces and inviting outdoor areas overlooking the surrounding landscape. A 1,512± sq. ft. guest house provides comfortable accommodations for extended family, guests, or ranch staff. Designed with both lifestyle and function in mind, the ranch includes a well-equipped six-stall horse barn complete with a wash rack, tack room and individual turnouts, along with pipe fencing and open pasture well suited for horses or livestock. Additional improvements include a hay barn/workshop, loafing sheds, and a stock trailer/RV barn. A strong water well further enhances the property’s long-term utility. Whether envisioned as a private riverfront estate, equestrian retreat, or legacy Hill Country holding, Eureka Farm offers a rare combination of water, acreage, improvements, and location along the Pedernales River.

With about 1,700 feet of Pedernales River frontage, 249 Eureka Ln stands out as a 39.82-acre waterfront farm in Fredericksburg, TX 78624 that is hard to match at any price point. At $4.65 million, or $1,312 per square foot, 249 Eureka Ln offers scale, river access, and usable land just minutes from Fredericksburg and the Texas Highway 290 Wine Trail.

This Farm - Single Family Residence sits in Gillespie County and centers on a 3,544 square foot main home that traces back to 1940, giving the property a level of history that newer Hill Country builds cannot replicate. The residence includes 2 bedrooms, 2 full baths, 1 half bath, and 2 fireplaces. The setting does much of the work here. Level pasture runs toward the river, mature trees line the banks, and the land feels private from the moment you come in on Eureka Ln, a privately owned road.

For buyers asking what it is like to live at 249 Eureka Ln, the answer starts with flexibility. This is the kind of property that works as a full-time residence, a weekend retreat, an equestrian setup, or a long-term family holding. The existing improvements support that range. Agent remarks point to a guest house, a six-stall horse barn with tack room and wash rack, pipe fencing, open pasture, loafing sheds, a hay barn or workshop, and covered space for a stock trailer or RV. A strong water well adds practical value for ongoing ranch use.

School access is through Fredericksburg ISD, with Fredericksburg Primary and Fredericksburg schools serving the area. That matters for buyers who want rural land without giving up connection to town services and established public schools. From this part of Gillespie County, you are positioned for quick access to Fredericksburg shopping, dining, and tasting rooms while still coming home to river frontage, wildlife, and open space. The Pedernales River is the defining landmark, but Texas Highway 290 is part of the lifestyle equation too, tying the property to wineries, weekend destinations, and the broader Hill Country corridor.

Days on market is just 1, which tracks with how rare this combination is: waterfront, acreage, historic residence, and Fredericksburg location. For a buyer thinking beyond the next year, this is the kind of asset that can hold personal meaning and land value at the same time.