$225,000
↓ $10K (4.3%)
●
Land -
For Sale
120 Trophy Oak PT
Fredericksburg, TX 78624
Studio
0 Bath
$1,155
Est. Monthly
$50
HOA / Fees
About This Property
This stunning 2-acre lot sits atop the gated Vineyard Ridge
community, offering panoramic views that stretch for miles, framed
by mature oaks and rolling hill country. Located in the exclusive
section known as "The Point"-a private enclave with just 7
properties-it backs up to a large ranch for added privacy and that
true Texas ranch feel.
Nestled in the heart of Texas Wine Country, this lot is just a short 30-minute drive to downtown Fredericksburg, yet feels like your own private escape. The property features multiple potential build sites, underground electricity, and city water already in place. It's also AG exempt, with longhorns roaming freely throughout the area, keeping property taxes low.
Whether you're building your weekend retreat or a full-time hill country home, this property is the perfect canvas. Survey available.
Nestled in the heart of Texas Wine Country, this lot is just a short 30-minute drive to downtown Fredericksburg, yet feels like your own private escape. The property features multiple potential build sites, underground electricity, and city water already in place. It's also AG exempt, with longhorns roaming freely throughout the area, keeping property taxes low.
Whether you're building your weekend retreat or a full-time hill country home, this property is the perfect canvas. Survey available.
Unit Size
-
Days on Market
-
Land Size
2.06 acres
Price per sqft
-
Property Type
Land
Property Taxes
$0
HOA Dues
$50
Year Built
-
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Unlock MLS #ACT8564485)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 19, 2026 | Price Decreased |
$225,000
↓ $10K
(4.3%) | |
| Price Decreased | |||
| May 15, 2025 | Listed by All City Real Estate Ltd. Co | $235,000 | |
| Listed by All City Real Estate Ltd. Co | |||
| Aug 25, 2022 | Sold | ||
| Sold | |||
| Jul 20, 2022 | Listed by The Damron Group, REALTORS | $195,000 | |
| Listed by The Damron Group, REALTORS | |||
| | |||
|
ONE OF THE FINEST OFFERINGS IN VINEYARD RIDGE! There are numerous perfect level building sites for your dream home. Incredible oak trees sprinkled throughout - recently cleared! Breathtaking Texas Hill Country views every direction you look. This lot is located in the exclusive portion of the subdivision - "The Point" (consisting of only 7 properties). & butts up to a large ranch for added seclusion. This property is in the HIGHLY sought after Texas Wine area. Stonewall, Fredericksburg and Hwy 290 are less than 30 minutes away; however, you feel as though you are on your own Texas Ranch! This gorgeous gated subdivision has underground utilities, and water to each lot! There is an agricultural exemption in place for the subdivision, so the property taxes are EXTREMELY low! There are very reasonable restrictions in place to protect your investment. This is a property you will want to call home!
| |||
Property Highlights
Exterior Details
Waterfront Features: None
Other Structures: None
Lot Features: Private, Wooded, Views
Lot Size Area: 89733.6
Lot Size Units: Square Feet
Lot Size Acres: 2.06
Lot Size Square Feet: 89733.6
Water Source: Private
Financial Details
Tax Map Number: 35
Tax Assessed Value: $210
Tax Annual Amount: $2
Utilities Details
Sewer : Septic Needed
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA Fee: $600
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
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ft²
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Sold On
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HOA + Taxes
About Gillespie
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Listed by: Ray Shapley
Listed Office: All City Real Estate Ltd. Co - Listing courtesy of Unlock MLS
Phone: (866) 277-6005
Last Updated: 2026-08-19 04:06:21
Data Source: Unlock MLS, MLS# ACT8564485
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: All City Real Estate Ltd. Co - Listing courtesy of Unlock MLS
Phone: (866) 277-6005
Last Updated: 2026-08-19 04:06:21
Data Source: Unlock MLS, MLS# ACT8564485
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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