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  • $2,000,000

    203 Rheingold School Rd, Fredericksburg, TX 78624

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    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
    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.
    46 days
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    79
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    4
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michele Smith (830) 992-3045,

    Reata Ranch Realty, LLC (830) 992-3045

    Source: Unlock MLS,MLS#: 1389441MLS Logo

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      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
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        Estimated market value

        Not available

        Estimated sales range

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        Price history

        DateEventPrice
        2/20/2026Price change$2,000,000-25.9%
        Source: CHCBOR #97022 Report a problem
        2/24/2025Listed for sale$2,700,000
        Source: CHCBOR #97022 Report a problem

        Public tax history

        YearProperty taxesTax 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

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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

          Getting around

          0 / 100
          Car-Dependent
          19 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          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.

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