The property encompasses 86± acres of prime land just outside Fredericksburg in the heart of the Texas Hill Country, offering a rare combination of privacy, natural beauty, and convenience. Located approximately 20 minutes from Fredericksburg Main Street known for its shopping, dining, and wineries the property provides both seclusion and accessibility. The land features a scenic blend of native hardwoods and cedar, supporting abundant wildlife and reflecting the true character of the Hill Country. Rolling terrain and elevated homesites deliver sweeping panoramic views, stunning sunsets, and wide open skies. Multiple potential build sites offer unique vantage points across the acreage. A picturesque creek bed, accented with historic wagon wheel markers, adds charm and a sense of heritage. The property is well-suited for a private ranch, weekend retreat, or full-time residence, with additional potential for recreation, hunting, or future improvements such as roads and fencing. Carved from a larger, generational ranch, this one-owner property presents a rare opportunity to own a significant piece of Hill Country land. An access easement will be provided, allowing flexibility while maintaining privacy and the integrity of the surrounding ranch. With its size, location, and natural beauty, this property offers an exceptional canvas to build, invest, and enjoy one of Texas’ most desirable regions.
Active
$2,000,000
203 Rheingold School Rd, Fredericksburg, TX 78624
--beds
--baths
--sqft
Farm
Built in ----
86 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Picturesque creek bedSweeping panoramic viewsStunning sunsetsHistoric wagon wheel markersSupporting abundant wildlifeWide open skies
- 46 days |
- 79 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Michele Smith (830) 992-3045,
Reata Ranch Realty, LLC (830) 992-3045
Source: Unlock MLS,MLS#: 1389441
Tour with a local agent
Facts & features
Property
Features
- Fencing: Barbed Wire, Wood
- Has view: Yes
- View description: Hill Country
- Waterfront features: None
Lot
- Size: 86 Acres
- Features: See Remarks
- Topography: Flood Plain, Wooded, Views
Details
- Additional structures: None
- Parcel number: 15615
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Farm
Condition
- New construction: No
Utilities & green energy
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: na
Location
- Region: Fredericksburg
Financial & listing details
- Tax assessed value: $168,940
- Annual tax amount: $462
- Date on market: 4/22/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Dirt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2026 | Price change | $2,000,000-25.9% |
Source: | ||
| 2/24/2025 | Listed for sale | $2,700,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $462 -59% | $168,940 -47.1% |
| 2024 | $1,128 -0.3% | $319,420 +3.9% |
| 2023 | $1,132 -54.8% | $307,555 +10% |
| 2022 | $2,503 0% | $279,595 +10% |
| 2021 | $2,504 | $254,177 +10% |
| 2020 | -- | $231,070 +10.7% |
| 2018 | $2,503 | $208,760 +3.2% |
| 2017 | -- | $202,380 +10.7% |
| 2016 | -- | $182,850 +4.6% |
| 2015 | -- | $174,740 +5.7% |
| 2014 | -- | $165,380 |
| 2012 | -- | $165,380 |
| 2011 | -- | $165,380 +0.5% |
| 2010 | -- | $164,600 -2.5% |
| 2009 | -- | $168,810 |
| 2008 | -- | $168,810 +9.7% |
| 2007 | -- | $153,824 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 78624
Nearby schools
GreatSchools rating
- 9/10Stonewall Elementary SchoolGrades: K-5Distance: 7.2 mi
- 5/10Fredericksburg Middle SchoolGrades: 6-8Distance: 11.8 mi
- 6/10Fredericksburg High SchoolGrades: 9-12Distance: 13.1 mi
Schools provided by the listing agent
- Elementary: Fredericksburg
- Middle: Fredericksburg
- High: Fredericksburg (Fredericksburg ISD)
- District: Fredericksburg ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Gillespie County
- Fredericksburg
- 78624
- 203 Rheingold School Rd






