1547 Pressler RD
About This Property
An established internal road system provides convenient access throughout the property, connecting the creek corridor, elevated portions, and multiple potential building sites. The natural character of the Hill Country is showcased by an impressive collection of mature live oaks, post oaks, elms, and pecans, set within a clean, open, park-like setting achieved through extensive cedar removal and ongoing land management.
Outdoor gatherings function beautifully at the new solar-powered cabana overlooking Grape Creek, which provides an inviting space for entertaining, relaxing, or enjoying the water. Additional improvements include a covered carport area suitable for equipment or vehicle storage, three-sided fencing, and automatic gated entrances.
This property benefits from a low-tax agricultural valuation and is located approximately 20 minutes from both Johnson City and Fredericksburg.
Experience this turnkey ranch by scheduling a private tour to explore its year-round live water, elevated views, and mature trees.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2026 | Listed by Topper Real Estate | $3,280,000 | |
| Listed by Topper Real Estate | |||
| Jul 28, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Dec 17, 2025 | Listed by Topper Real Estate | $3,595,000 | |
| Listed by Topper Real Estate | |||
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Grape Creek Ranch is an exceptional 171.73 acre Hill Country property located in Gillespie County, just minutes from the Gillespie/Blanco County line. This meticulously maintained ranch offers rare, year around live water, dramatic elevation changes, and classic Hill Country beauty in a highly desirable location. The property features approximately 2,000 feet of year around live water on both sides of North Grape Creek. The creek is known for its steady flow, even during periods of drought, creating a stunning centerpiece that enhances both the beauty and recreational value of the ranch. Rolling elevation changes throughout the property provide sweeping views overlooking Grape Creek and the surrounding countryside. A well designed internal road system allows easy access across the ranch, connecting multiple prime building sites ideal for a primary residence, weekend retreat, or future improvements. The land is covered with mature live oak, post oaks, elms, and pecan trees. Nearly all cedar has been removed, and the ranch has been meticulously manicured, resulting in a clean, park like setting that highlights the natural landscape. Improvements include a new solar powered cabana overlooking the creek, perfectly suited for gatherings, relaxing, or entertaining while enjoying the tranquil water views. A covered carport area is also in place for equipment or vehicle storage. The property is fenced on three sides and features automatic gated entrances for added privacy and security. The ranch currently benefits from a low tax agricultural exemption, adding to its long term value and appeal. Ideally located just 20 minutes from both Johnson City and Fredericksburg, Grape Creek Ranch offers a rare combination of privacy, live water, scenic beauty, and convenient access to the heart of the Texas Hill Country. Grape Creek Ranch is a truly special offering combining live water, views, and turnkey condition in one of the most sought after regions of the Texas Hill Country.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017