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  • $4,100,000

    527 Walter Rd, Fredericksburg, TX 78624

    3beds
    2,400sqft
    : 
    Farm
    Built in 2018
    257.83 Acres Lot
    $-- Zestimate®
    $1,708/sqft
    $-- HOA

    What's special

    Charming beadboard finishesUpdated flooringSweeping hill country panoramasAbundant native wildlife
    Set on 257± acres with striking elevations ranging from 1,560 to 1,940 feet, this Gillespie County ranch showcases sweeping Hill Country panoramas—including exceptional views of Enchanted Rock just minutes away. The property features a 1,548± sq. ft. two-story barndominium serving as the main residence (3 bed / 1 bath), with charming beadboard finishes, updated flooring, large windows framing the landscape, and a spacious second-story deck that captures dramatic vistas. A separate efficiency cabin with a full bathroom provides additional guest accommodations or a quiet private retreat. The ranch also includes a large, fully insulated metal shop—ideal for equipment storage, a workshop, or the potential conversion into additional living space. With a water well, septic, and electricity already in place, the property is fully equipped for full-time living or weekend escapes. The land reveals true Hill Country character—ridge lines, hardwood groves, native grasses, and diverse topography—a 2.14-mile private hiking trail looping through the interior of the property. Perfect for morning walks, wildlife viewing, UTV rides, and exploring the natural terrain. Keener Branch, a seasonal creek, winds through the ranch, creating scenic pockets of shade, enhancing wildlife habitat, and enriching the overall landscape. Abundant native wildlife, offering opportunities for hunting, recreation, or simply enjoying the quiet solitude. Located just 15.6 miles from downtown Fbg and 2.6 miles (±5 minutes) from Enchanted Rock, the ranch blends privacy with outstanding accessibility—an uncommon opportunity this close to world-class destinations. This rare, expansive acreage in a sought-after Gillespie County location offers the perfect Hill Country getaway or family legacy ranch.
    108 days
    |
    409
    |
    9
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 16, 2026 at 12:22pm

    Listed by:

    Justin Cop (830) 997-6531,

    Fredericksburg Realty (830) 997-6531

    Source: Unlock MLS,MLS#: 9694177MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 1
      Primary bedroom
      • Features: Ceiling Fan(s)
      • Level: First
      Bedroom
      • Features: Ceiling Fan(s)
      • Level: Second
      Bedroom
      • Features: Ceiling Fan(s)
      • Level: Second
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Microwave, Range, Refrigerator
      Features
      • Ceiling Fan(s)
      • Flooring: Wood
      • Windows: Blinds
      Interior area
      • Total interior livable area: 2,400 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: See Remarks
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Deck, Front Porch
      • Exterior features: See Remarks, Balcony
      • Fencing: Perimeter
      • Has view: Yes
      • View description: See Remarks, Panoramic, Skyline
      • Waterfront features: Creek, Dry/Seasonal
      Lot
      • Size: 257.83 Acres
      • Features: See Remarks, Agricultural, Farm, Native Plants, Many Trees, Views
      • Topography: Sloped, Wooded, Views
      Details
      • Additional structures: See Remarks, Guest House, RV/Boat Storage, Shed(s), Storage, Workshop
      • Parcel number: 28540
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Farm
      Materials
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Resale
      • New construction: No
      • Year built: 2018

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: None
      • Subdivision: N/A
      Location
      • Region: Fredericksburg

      Financial & listing details

      • Price per square foot: $1,708/sqft
      • Tax assessed value: $2,581,910
      • Annual tax amount: $4,778
      • Date on market: 12/2/2025
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes
      • Road surface type: Gravel
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        11/27/2025Listed for sale$4,100,000$1,708/sqft
        Source: CHCBOR #99232 Report a problem
        9/27/2013Sold--
        Source: CHCBOR #54937 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025-- $2,581,910 +0%
        2024$293 -1.3%$2,581,140 +9.3%
        2023$296 -12.7%$2,361,550 +7.3%
        2022$339 -2.7%$2,201,180 +10%
        2021$349 $2,001,020 +21.1%
        2020-- $1,652,520 +58.7%
        2018$318 $1,041,340
        2017-- --
        2016-- --
        2015-- --

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $24,027/mo
        Principal & interest
        $20542
        Property taxes
        $3485
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          Climate risks

          Neighborhood: 78624

          Getting around

          0 / 100
          Car-Dependent

          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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