3880 TX-16, Fredericksburg, TX 78624 - Gillespie County

Overview & Location

38 +/- unrestricted acres North of Fredericksburg, TX with direct access off HWY 16, flowing Palo Alto Creek and original rock homestead & outbuildings. Just 4 miles (8 minutes) from Fredericksburg, Texas (great restaurants, music venues, wineries, shopping, hospital, grocery stores, full service 24/7 airport).

Land

This property offers direct frontage along HWY 16 and additional easement access via Kneese Road. The topography is relatively level with some hardwood cover and field. Palo Alto creek flows through the property for 2,100+ with both sides ownership. A small pond was constructed and will hold water year around in normal rainfall conditions.

Improvements

The rock home was originally built in the late 1800's and is a 3 bedroom, 2 bath with 2 fireplaces and has been remodeled with wood and other antique appointments over the years. The outbuildings consist of a barn shipped from Sweden and reassembled on site, a small 2 bedroom guest cabin that was brought in from San Antonio and an additional wood barn that was brought in from La Grange, TX. There is an additional original feed & storage barn located behind the house.

Utilities

CTEC power, a water well and standard tank septic system service the homestead.

Wildlife

Whitetail deer, Rio Grande wild turkeys, occasional hogs, gray fox, dove and other native wildlife can be seen regularly.

Summary

This unrestricted property offers direct access off HWY 16, has flowing Palo Alto Creek and would be an excellent investment located just on the outskirts of Fredericksburg, TX.

Financial / Title

RANCHO PALO ALTO, as described herein (38.00 ac), is offered at $2,900,000 in Cash or at Terms acceptable solely at the discretion of the Seller.

The conditions of sale are as follows:

Offers to purchase or letters or intent must be in writing and accompanied by 1.00% of the purchase price to the escrow account at Hill Country Titles of Fredericksburg, TX.

All Prospective Buyers must demonstrate to the satisfaction of the Seller, absolute financial capability to purchase the Ranch prior to scheduling an inspection of the Ranch.

Seller will offer basic title insurance.

A new survey will be required on the property.

Buyers Brokers are welcomed and invited to contact Brady Anders with Anders Ranch Realty for information regarding Cooperation Policies.

This property is unrestricted nor part of any HOA/POA.

The property lies in the Fredericksburg ISD.

Property carries Agricultural Exemption.

The 2024 ag-exempt property taxes were approx. $ $8,188.92 (per Gillespie CAD).