— bed, — bath on 96.73 acres in Fredericksburg. Fredericksburg, TX 78624. $9,950,000. Fredericksburg ISD.
About This Home
Located less than 10 minutes from the heart of downtown Fredericksburg, this expansive 96-acre ranch offers a unique blend of history, functionality, and opportunity. With road frontage on FM 1631, the property provides excellent accessibility while maintaining the privacy and charm of ranch living. Once a thriving peach orchard and Christmas tree farm, the land features rich, fertile soil ideal for agriculture, gardening, or vineyard cultivation. The ranch includes two homesteads and an operating Bed & Breakfast, offering immediate income potential or a tranquil retreat for personal use. A holding pond in the back pasture enhances the property’s utility, making it perfect for livestock, fishing, or irrigation. With nine active wells, the property boasts an abundant water supply without the need for city permits—an invaluable asset in the Hill Country. This level of water access makes the ranch ideal for a variety of uses, including residential or commercial opportunities. Whether you envision developing a luxury residential community, creating a premier event venue, or expanding its agricultural or hospitality offerings, the possibilities are endless. Centrally located in the Texas Hill Country, the ranch is just an hour from Austin and a similar distance from San Antonio, with Kerrville and Comfort only 20 minutes away. This prime location combines convenience with the serenity of rural living. Don’t miss this exceptional opportunity to own a property that offers versatility, natural resources, and prime Hill Country accessibility!
FM 1631 frontage on 96.727 acres in Gillespie County gives this Fredericksburg property near Fredericksburg exceptional operational flexibility paired with direct market access. Located less than 10 minutes from downtown Fredericksburg's Main Street corridor, 283 Fredericksburg sits at the convergence of agricultural heritage and contemporary opportunity.
The land tells a story of productive stewardship. What began as a peach orchard and Christmas tree farm created deep agricultural soil that continues to support vineyard development, vegetable cultivation, or pasture management. The original homestead still stands alongside a second residence, and an active Bed & Breakfast operation currently generates revenue on the property. This dual-income structure matters: you acquire $9.95M in raw potential with cash flow already attached.
Water access defines the property's real value. Nine active wells provide independent supply without municipal dependency or permitting constraints. A holding pond in the back pasture expands irrigation capacity, livestock potential, and fishing amenities. This water infrastructure removes the uncertainty that typically constrains Hill Country rural development.
The site presents multiple legitimate uses. Agricultural operators have seen documented vineyard success in Gillespie County soils. Event venue developers could leverage the existing hospitality operation and open acreage for destination weddings or corporate retreats. Residential developers have clear zoning potential on this scale of land. The existing Bed & Breakfast demonstrates that hospitality economics work here.
Location anchors everything. Downtown Fredericksburg sits nine minutes south via FM 1631. Johnson City and Stonewall lie 15-20 minutes east. Kerrville's corporate parks and retail corridor sit 20 minutes south. Austin's nearest suburbs reach in 60 minutes; San Antonio in 65 minutes. For Hill Country operators and part-time residents, this positioning eliminates the isolation that kills many rural properties while preserving the privacy and land control that make ranches valuable.
The property has held at 140 days on market, suggesting the asking price reflects either specialized interest or a buyer profile requiring specific operational capabilities. The Fredericksburg area maintains strong agricultural character while experiencing steady appreciation as the greater Fredericksburg region grows. Water-rich raw land with existing revenue streams and direct highway access typically attracts serious operators rather than speculative buyers.
The numbers behind this insight
- Offered at
- $9,950,000
- Listed
- August 20, 2025
Keenan Luxury Market Index: $5M-$10M single-family homes across the Austin area sold at a median $990 per sq ft over the trailing 12 months (44 sales), as of October 21, 2026.
- Property Type
- Residential
- Lot Size
- 96.73 acres
Listing information last updated August 21, 2025.
Listed by Fore Premier Properties
MLS# 4286832 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 96.73 Acres
Financial
- Original List Price
- $9,950,000
Transaction History
1 record on file
Every recorded listing, sale, and lease at 283 Hallford, whoever represented it.
- ActiveListed 2025Current price: $9,950,000Original list: $9,950,000MLS 4286832
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
- $9,950,000
- Original list
- $9,950,000
- Price movement
- No verified reduction
- Listed / DOM
- Aug 20, 2025 · 427 days
Zoned Schools
Fredericksburg ISD
Fredericksburg
Fredericksburg
Fredericksburg Primary
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($2.0M)
Adjustable assumption - not a lending recommendation.
$9,950,000
Luxury property intelligence
Keenan Market Position
A sourced read on Fredericksburg pricing, timing, and property scale. No automated valuation claim.
List price
$9,950,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
427 days
Original to current
No verified reduction
$10M 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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