— bed, — bath on 13.86 acres in Fredericksburg. Fredericksburg, TX 78624. $2,598,000.
About This Home
Exceptional opportunity to own an established property currently being used as a boutique wedding venue and income producing BnB between Fredericksburg and Luckenbach in the Hill Country Wine Corridor. Set on 13.86 acres, this beautifully designed property features locally sourced limestone, cedar, and reclaimed shiplap details throughout. Improvements include two guest residences (each with 2 bedroom suites), plus a handsome pavilion with a seating size, approx. 60 guests with exposed beams, his & her bathrooms, floor-to-ceiling stone fireplace, catering prep area, and large sliding doors opening to a charming courtyard with evening sunset views. With 4,155+/- sq ft of improvements, oversized septic systems for growth/expansion, and being sold fully furnished with event inventory, the possibilities are endless. Continue as a wedding venue/BnB, convert to a private compound, winery, tasting room, or event center. TxDot has verbally given the Seller a pre-approval for distance requirements if a new owner wishes to put in a commercial entrance. 60 gpm well. Prime location near Hwy 290, wineries, and top Hill Country attractions. A true turnkey Hill Country investment in one of Texas’ most desirable destination markets. Detailed financial information, including gross scheduled income and operating expenses, will be provided to serious, qualified buyers upon request.
At 394 Ranch Road 1376 in Fredericksburg, you're looking at a fully operational 13.86-acre income property positioned between two of the Hill Country's most visited destinations: Luckenbach to the west and the Fredericksburg wine corridor to the east, both accessible via Highway 290. This is a commercial real estate opportunity with immediate revenue streams and significant expansion potential.
The property was designed around hospitality. Two guest residences anchor the compound, each with two bedroom suites. The centerpiece is a 60-person pavilion constructed with exposed beam ceilings, floor-to-ceiling locally sourced limestone fireplaces, dedicated his and her bathrooms, and a catering prep area. Large sliding glass doors open the space to a courtyard positioned for sunset views over the Hill Country terrain. Throughout the improvements, the material choices reflect the region: locally sourced limestone and cedar frame the structures, while reclaimed shiplap adds textural depth to interior finishes. This deliberate material selection grounds the property in its landscape rather than imposing on it.
The financial fundamentals are production-ready. The property generates income as both a boutique wedding venue and bed-and-breakfast operation. All event inventory and furnishings convey with the sale, meaning a buyer can operate immediately without equipment purchases. The site includes 4,155 square feet of improved structures, a 60 GPM well, and oversized septic systems engineered for growth. This infrastructure matters: it signals the previous owner built for scalability, not just current use.
The development flexibility is substantial. Current operators can continue the wedding venue and BnB model. Buyers with different vision can convert this to a private compound, establish a winery or tasting room operation, or expand into a larger event center. TxDOT has provided verbal pre-approval for commercial entrance distance requirements, removing a regulatory uncertainty that often complicates Hill Country commercial projects.
Location compounds the value. Highway 290 access places this property minutes from Fredericksburg's retail and restaurant district, the Luckenbach dance halls, and the dozens of wineries operating throughout Gillespie County. The Fredericksburg Independent School District serves the area, though this is a commercial asset rather than a residential one. The Hill Country Wine Corridor has become one of Texas' most consistent destination markets, with visitor traffic continuing to grow annual.
Financial performance details, gross scheduled income, operating expenses, and the existing booking calendar are available to qualified buyers. This is a turnkey commercial investment in a market where demand for event and hospitality space consistently outpaces supply.
The numbers behind this insight
- Offered at
- $2,598,000
- Listed
- June 5, 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
- Commercial Sale
- Lot Size
- 13.86 acres
Listing information last updated June 6, 2026.
Listed by Reata Ranch Realty, LLC
MLS# 8936064 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Frame
- Stone
- Lot Size
- 13.86 Acres
- Gated
- Gravel
- Parking Lot
Financial
- Original List Price
- $2,598,000
Utilities
- Electricity Connected
- Propane
Transaction History
1 record on file
Every recorded listing, sale, and lease at 394 Ranch Rd 1376, whoever represented it.
- ActiveListed 2026Current price: $2,598,000Original list: $2,598,000MLS 8936064
- Listed · June 5, 2026$2,598,000
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
- $2,598,000
- Original list
- $2,598,000
- Price movement
- No verified reduction
- Listed / DOM
- Jun 5, 2026 · 139 days
20% ($520K)
Adjustable assumption - not a lending recommendation.
$2,598,000
Luxury property intelligence
Keenan Market Position
A sourced read on Fredericksburg pricing, timing, and property scale. No automated valuation claim.
List price
$2,598,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
139 days
Original to current
No verified reduction
$2.6M 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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