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$1,995,000
last listed554 Seven Falls Dr, Fredericksburg, TX 78624
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7 bed, 6 bath, 6,172 sqft on 5.55 acres in Fredericksburg. Fredericksburg, TX 78624. Last listed at $1,995,000, sold September 21, 2026. Fredericksburg ISD.
About This Home
This exceptional property in Gillespie County offers limitless potential in a prime Hill Country location, just minutes from Fredericksburg and a short drive to Johnson City. Whether you're looking for a primary residence, a multigenerational retreat, or a high-end corporate getaway, this home adapts to your vision. Currently operating as a highly rated 5-star short-term rental, it's already a successful investment with the flexibility to serve multiple purposes. The spacious main home, with its beautifully designed attached suites and top-tier finishes, offers multiple configurations to suit your needs. Whether you envision a private residence with guest quarters, a multi-unit rental, or a combination of both, this property can be tailored to fit your lifestyle and investment goals. With its proximity to renowned wineries, local attractions, and the best of Hill Country living, this is a rare opportunity to own a truly versatile property.
A 6,172-square-foot home on 5.55 acres at 554 Seven Falls Dr for $356 per square foot is the kind of Hill Country value buyers watch for because it pairs scale, land, and newer construction in one package. At 554 Seven Falls Dr in Fredericksburg, TX 78624, this 2020 single-family residence delivers 7 bedrooms, 6 full baths, 2 half baths, and the kind of flexible layout that works for full-time living, multigenerational use, or a high-performing retreat property.
The numbers tell the story first. At $2.20 million after 99 days on market, the price point comes in with real utility for a property of this size in Gillespie County. Seven bedrooms create options that smaller luxury homes simply do not. Six full baths and two half baths make the house practical for extended family, frequent guests, or group stays. On a 5.55-acre tract, daily life changes in ways buyers feel immediately: more privacy, more quiet, more room between structures, and more control over how the property functions over time.
Location is a major part of the appeal. This Fredericksburg address keeps you connected to downtown Fredericksburg, Main Street, and the US-290 wine corridor, which anchors much of the area’s dining, tasting room, and tourism traffic. Johnson City is also an easy regional reference point, giving owners another Hill Country destination within reach. For buyers who know this market, access to US-290 matters because it ties the home to wineries, event venues, and the broader Fredericksburg economy without giving up acreage.
The 2020 build year matters too. In a market where many rural properties trade on charm but require updates, newer construction can mean lower near-term capital needs and a layout designed for how people actually live now. That is especially relevant for a residential single-family residence with potential beyond standard owner-occupancy. The home can support private living quarters, guest suites, or a hospitality-driven setup without feeling forced.
School information was not provided in the listing, so buyers should verify current district and campus assignments directly before making decisions tied to enrollment. Even with that detail pending, the fundamentals at 554 Seven Falls Dr are clear: a large newer home, a sizable Gillespie County tract, and a Fredericksburg location tied to one of the most durable lifestyle and second-home markets in Texas. That combination gives this property staying power, both for the way it lives now and for the value it can hold as Fredericksburg continues to grow.
- Property Type
- Residential
- Year Built
- 2020
- Lot Size
- 5.55 acres
- Price / Sq Ft
- $323
- HOA
- $250/year
- Garage
- 4 spaces
Listing information last updated September 1, 2026.
Listed by Kuper Sotheby's Int'l Realty
MLS# 4099667 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Two Primary Suties
- Breakfast Bar
- Ceiling-High
- Double Vanity
- Eat-in Kitchen
- Kitchen Island
- Multiple Living Areas
- Primary Bedroom on Main
- Built-In Oven(s)
- Cooktop
- Double Oven
- Dryer
- Disposal
- Dishwasher
- Down Draft
- Electric Water Heater
- Microwave
- Plumbed For Ice Maker
- Range
- Refrigerator
- Self Cleaning Oven
- Water Softener
- Washer
- Dryer Stacked
- Washer
- Vinyl
- Heating
- Central,Electric
- Cooling
- Attic Fan,Central Air
- Fireplaces
- 3
Exterior & Lot
- Balcony
- Gas Grill
- Stone
- Irregular Lot
- Views
- Back Yard
- Fenced
- Partial
- Slab
- Deck
- Patio
- Roof
- Metal
- Lot Size
- 5.55 Acres
- Attached
- Carport
- Garage
- Garage Door Opener
- Garage Faces Side
- Garage Spaces
- 4
Financial
- HOA Fee
- $250 / year
- Original List Price
- $2,200,000
- Price per Sq Ft
- $323
Utilities
- Cable Available
- Phone Connected
- Water Source
- Private,Well
- Sewer
- Aerobic Septic,Septic Tank
Price & Listing History
Active Under Contract with current price, original ask, and market time.
- Current list
- $1,995,000
- Original list
- $2,200,000
- Price movement
- $205K reduction
- Listed / DOM
- Sep 30, 2025
Virtual Tour

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% ($399K)
Adjustable assumption - not a lending recommendation.
$1,995,000
Luxury property intelligence
Keenan Market Position
A sourced read on Fredericksburg pricing, timing, and property scale. No automated valuation claim.
List price
$1,995,000
Price per sqft
$323/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$205K reduction
$2.2M original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of Oct 15, 2026.
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