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Verified property facts
249 Eureka Ln is listed at $4,650,000 with 2 bedrooms, 2 full, 1 half bathrooms, 3,544 square feet, 39.82-acre lot. This places it above the 78624 median of $3,383,750.
249 Eureka Ln is zoned for Fredericksburg ISD with assigned schools: Fredericksburg Primary (elementary), Fredericksburg (middle), Fredericksburg (Fredericksburg ISD) (high). School assignments should be verified directly with the district.
249 Eureka Ln is a Farm built in 1940 featuring 2 bedrooms, 2 full, 1 half bathrooms, 3,544 square feet, 39.82-acre lot.
249 Eureka Ln is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 249 Eureka Ln is $6,275. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
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Listing timeline with current price, original ask, and market time.
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.
Property Type
Farm
Year Built
1940
Lot Size
39.82 acres
$/Sq Ft
$1,312
Listed by Fredericksburg Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
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. Ratings from GreatSchools.org.
20% ($930K)
$4,650,000
Luxury property intelligence
A sourced read on pricing, timing, and property scale. No automated valuation claim.
List price
$4,650,000
Price per sqft
$1,312/sqft
Vs. neighborhood median
Not available
Days on market
60 days
Original to current
No verified reduction
$4.7M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 11, 2026.
Request Private Market AnalysisWith 20% down ($930,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 249 Eureka Ln is around $24,651 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
249 Eureka Ln was built in 1940 (86 years ago). Buyers should budget for potential updates to major systems.
249 Eureka Ln includes verified waterfront access. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
249 Eureka Ln sits on a 39.82-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
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
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