The HWY 290 corridor between Johnson City and Fredericksburg is booming, offering investors and entrepreneurs the opportunity to capitalize on the $13+ billion Texas wine industry. In the middle sits the community of Hye which is seeing some of the fastest growth and development. We are offering a ready-to-go, premium property with commercial vineyard, winery, events or housing potential. The soils are conducive to grape growing, it has large live oaks, a great pond, water well and underground utilities. Located at the corner of HWY 290 and Rocky road with frontage on three sides. This is one of the nicest properties available on 290.
According to the San Antonio Express News, Texas ranks fifth in U.S. wine production and the Texas Hill Country now ranks second in wine tourism after Napa. The annual wine festival in Grapevine draws more attendees than the Sonoma County Fair. Texas wine is a $13.1 billion industry, and this property is located in the heart of it all.
**Available in two configurations of: 25 +- west side alone for $637,500, or the entire 53.6 acres for
Great frontage on HWY 290, Rocky rd and a private road.
Desirable location for wine related business
Soils conducive to growing grapes
Large live oak trees
Electricity buried underground
Water well in place
Three pad sites already built
1-d-1 Ag Tax Valuation
ACCESS The property conveniently located 8.5 miles west of Johnson City and 21 miles east of Fredericksburg, TX on HWY 290. The property is located at the corner of 290 and Rocky rd, with third access on a private road to the south.
TAXES: 1-d-1 Agricultural Valuation (Ag exemption)
Subject property is marketed and shown exclusively by the Mock Ranches Group, a team with Keller Williams Realty. In order to protect the security and privacy of our clients, Buyers or Buyers agents must make an appointment with the Listing Agent for any and all showings or to receive full showing instructions. All appointments require at least 48 hour notice for showings.
Notice to Buyers Agents: Buyer agent must make first contact and be present for all showings in order to qualify for a full commission. If this condition is not met, fee participation will be at the sole discretion of the Listing Broker and/or its associates.
The information contained herein has been gathered from sources deemed reliable; however, the Mock Ranches Group at Keller Williams Realty and its associates, members, agents and employees cannot guarantee the accuracy of such information. No representation is made as to the possible investment value or type of use. Prospective buyers are urged to verify all information to their satisfaction and consult with their tax and legal advisers before making a final determination.
Real Estate buyers are hereby notified that properties in the States of Texas are subject to many forces and impacts, natural and unnatural; including, but not limited to weather related events, environmental issues, disease (e.g. Oak Wilt, Chronic Wasting Disease, or Anthrax), invasive species, illegal trespassing, previous owner actions, actions by neighbors and government actions. Prospective buyers should investigate any concerns to their satisfaction.