2 bed, 1 bath, 1,552 sqft on 88.91 acres in Fredericksburg. Fredericksburg, TX 78624. $2,975,000. Fredericksburg ISD.
About This Home
Scenic Hill Country Ranch Retreat - Nestled just 20 minutes from the heart of Fredericksburg, this picturesque Hill Country ranch offers the ideal blend of tranquility, versatility, and wide-open Texas skies. Spanning level, usable terrain, the property presents endless opportunities- whether you're looking for a peaceful weekend retreat, a working farm or ranch, or simply a place to reconnect with nature. The property features a charming two-bedroom ranch cabin, a versatile equipment and storage shed, a private well, high game fencing, and a gated entry. With thoughtfully cleared land, it's perfectly suited for hay production, livestock grazing, or agricultural use- backed by an active AG exemption for added value. At night, unwind under a blanket of stars, free from city lights and full of possibility. Conveniently located just 90 minutes from Austin and an hour from San Antonio, this serene escape feels worlds away while remaining easily accessible from Texas’ major metropolitan areas. Beyond the tranquility of your private ranch, Fredericksburg offers a vibrant blend of culture, cuisine, and charm. Stroll along the historic Main Street, home to over 150 locally owned boutiques, art galleries, and specialty shops, all nestled within beautifully preserved 19th-century buildings . Savor the town's culinary delights, from traditional German fare to contemporary Texas cuisine, and experience the rich flavors of the region's renowned wineries and breweries. For entertainment, enjoy live music performances, explore the National Museum of the Pacific War, or attend seasonal festivals that celebrate Fredericksburg's unique heritage . Whether you're seeking relaxation or adventure, Fredericksburg's diverse offerings provide the perfect complement to your Hill Country retreat.
This 88.91-acre ranch at 788 Clarence Jacoby Rd in Fredericksburg delivers the functional infrastructure serious equestrian and agricultural operators require. The property centers on a working barn and equipment shed setup built to handle livestock management and hay production, with high game fencing and gated entry already in place. Level to gently rolling terrain across the full acreage means usable pasture and grazing land without the grading costs typical of Hill Country properties. A private well ensures independent water access for animals and irrigation, critical for year-round ranching in Gillespie County.
The two-bedroom, one-bath ranch cabin at 1,552 square feet serves as functional owner's quarters rather than primary residence showcase. Built in 2003 with wood siding and a covered porch, the layout prioritizes proximity to working areas over architectural details. The eat-in kitchen and modest footprint keep daily living lean and efficient, which suits the buyer focused on land use rather than house presentation. At $1,917 per square foot for the cabin structure alone, you're paying substantially for the land package and operational setup.
The active agricultural exemption status matters. This tax classification reflects Gillespie County's recognition of legitimate farm and ranch use, protecting assessed value when property is used for hay production, livestock grazing, or other qualifying agricultural purposes. The cleared acreage and existing infrastructure support both cattle operations and equestrian use without major development costs.
Location matters for logistics. Fredericksburg sits 20 minutes from the property, where Fredericksburg ISD schools serve the area and Main Street supplies basic services, feed stores, and veterinary support. Highway 290 provides straightforward access toward Austin (90 minutes) and San Antonio (60 minutes) when you need off-property resources. The Hill Country terrain surrounding the property stays rural and protected, meaning minimal development pressure from suburban sprawl.
This ranch works for buyers who need acreage that functions immediately. No clearing, no well drilling, no fence installation. The infrastructure exists to board horses, run cattle, or operate small-scale hay operations from day one. For the buyer whose criteria start with working land and animal facilities rather than house features, 788 Clarence Jacoby Rd represents ready-to-operate Hill Country property with genuine operational bones.
The numbers behind this insight
- Offered at
- $2,975,000
- Listed
- October 15, 2025
- Asking price per sq ft
- $1,917
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
- Farm
- Year Built
- 2003
- Lot Size
- 88.91 acres
- Price / Sq Ft
- $1,917
Listing information last updated March 16, 2026.
Listed by Compass RE Texas, LLC
MLS# 5546299 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Eat-in Kitchen
- Free-Standing Range
- Cooling
- Wall/Window Unit(s)
Exterior & Lot
- Wood Siding
- Agricultural
- Farm
- Few Trees
- Level
- Trees-Moderate
- Gate
- Livestock
- Perimeter
- Slab
- Porch
- Roof
- Metal
- Lot Size
- 88.91 Acres
- Open
- Outside
- Oversized
Financial
- Original List Price
- $2,975,000
- Price per Sq Ft
- $1,917
Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source
- Well
- Sewer
- Septic Tank
Transaction History
2 records on file
Every recorded listing, sale, and lease at 788 Clarence Jacoby Rd, whoever represented it.
- ActiveListed 2025Current price: $2,975,000Original list: $2,975,000MLS 9889799
- ActiveListed 2025Current price: $2,975,000Original list: $2,975,000MLS 5546299
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
- $2,975,000
- Original list
- $2,975,000
- Price movement
- No verified reduction
- Listed / DOM
- Oct 15, 2025 · 372 days
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% ($595K)
Adjustable assumption - not a lending recommendation.
$2,975,000
Luxury property intelligence
Keenan Market Position
A sourced read on Fredericksburg pricing, timing, and property scale. No automated valuation claim.
List price
$2,975,000
Price per sqft
$1,917/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
372 days
Original to current
No verified reduction
$3M 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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