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Gillespie 78624
1775 Aviation Loop
$349,950
↓ $10K (2.8%)
● House - For Sale

1775 Aviation Loop

Fredericksburg, TX 78624
bedrooms
Studio
bathrooms
0 Bath
square feet
900 Ft²
$1,954
Est. Monthly
$113
HOA / Fees

About This Property

The only available lot for sale on the BEST airpark runway in Texas!! This runway is 3800 feet long and 80 (yes 80) feet wide with pilot controlled lighting. It was built by the Department of Defense to DOD standards to test drones for the USAF in the early 90's . C-130s landed here easily during the project! It was turned back over to the ranch owner upon completion of the project and after that the neighborhood was developed and lots started to be sold in 2004. There has not been an another empty lot for sale in years. This is your opportunity!        The current owner of this 4 acre partially wooded lot has owned the property for 12 years and decided just before Covid to start building. His plans for the future have changed so he is selling. The great news is that much of the difficult work has already been done for the next owner!  The seller's flexible drawings, which have been approved by the HOA, go with the sale (see pictures and documents). Basic living quarters in the garage during your build.    A driveway has been put in ($25,000). Electricity has been brought in from the street ($18,000). Water has been brought in from the street ($15,000). An oversized 960 sf drive-through garage has been built with a metal roof, with full electric and water and a mini-split for cooling and heating ($75,000).  The garage can accommodate 20' x 9' doors. A $1200 Tesla charger in the garage is optional for the new buyer. There has been extensive site work done on the lot with well over $100,000 spent on excavation, gravel and concrete, preparing for the pouring of the slab. The intended living space in the hangar home was going to be 2200 sf with an option for an additional 900 sf, but since the slab has not been poured, your personalized adjustments can be made to take this blank canvas and turn it into your dream hangar home/barndominium. Much of the work in the patio/garden between the garage and the hangar/home has been completed, ready to put the finishing touches on your oasis. (Room dimensions which are required for the listing have been taken from the proposed plans.)       Of the $1250 HOA annual fee, half is spent on general maintenance and half is dedicated to only taxiway and runway, keeping the centerpiece of this gated community in excellent condition.         Seeing is Believing! If you have never been to Silver Wings in-person, arrange to drive-in or fly-in for a look at this gem of a neighborhood and the only available lot for sale.
Unit Size
900 Ft²
Days on Market
-
Land Size
4.00 acres
Price per sqft
$389
Property Type
House
Property Taxes
$122
HOA Dues
$113
Year Built
-

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Last updated: 27 days ago (LERA #2005664)

Price History

Date / Event Date Event Price
Oct 8, 2026 Price Decreased $349,950
↓ $10K (2.8%)
Price Decreased
Aug 4, 2026 Listed by Central Metro Realty $359,900
Listed by Central Metro Realty
Aug 27, 2023 No longer available -
No longer available
Feb 28, 2023 Price Decreased $390,000
↓ $49K (11.2%)
Price Decreased
Aug 27, 2022 Listed by Two Den LLC $439,000
Listed by Two Den LLC
Four acres located in the unique gated Silver Wings Fly-In ranch subdivision north of Kerrville. The property sits on the 3800' x 80' paved runway with radio controlled runway lighting. Already in place a 90% completed 960' drive through garage. Preparation for construction of hangar foundation in progress with electrical and plumbing roughed in. Partially wooded tract, and includes community water system. 1600sq ft minimum build for homes. Septic required. Paved roads through out subdivision.

Property Highlights

Fireplace
Interior Details
Appliances: Not Applicable
Flooring Type: Other
Fireplace Features: Not Applicable
Exterior Details
Square Footage: 900
Property Condition: Pre-Owned
Architectural Style: Other
Builder Name: owner
Other Structures: Airplane Hangar
Construction Materials: Other
Patio and Porch Features: Patio
Pool Features: None
Lot Features: Wooded, Secluded, Level, 2 - 5 Acres, Mature Trees (ext feat)
Lot Size Area: 174240
Lot Size Units: Square Feet
Lot Size Acres: 4
Lot Size Square Feet: 174240
Financial Details
Tax Annual Amount: $1,469
Utilities Details
Cooling Type: Heat Pump
Heating Type: Heat Pump
Sewer : None
Location Details
HOA/Condo/Coop Amenities: Airport/Runway, Hangar Access, Taxiway Access, Lighted Airfield
HOA Fee: $1,350
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 174,240
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVER WINGS FLY-IN RANCH
  • Land Acres: 0000004000
  • Standard Land Use Code: 0027
  • County Land Use Code: E3
  • Legal Description 1: SILVER WINGS FLY-IN RANCH LOT 18, 4.0

Neighborhood

  • School District Name: Harper Independent School District
  • Census Tract: 950200

Geography

  • Account Number: S1438-0000-001800
  • Parcel: 87055
  • Lot: 18
  • Municipality: FREDERICKSBURG
  • Latitude: 30.219
  • Longitude: -99.1396

    Address

  • Full Address: 1775 Aviation Loop
  • Address - House Number: 1775
  • Address - Street Name: Aviation
  • Address - Suffix Type: Loop
  • State: TX
  • City Name: Fredericksburg
  • Carrier Code: R002
  • 4-Digit Zip Code: 7804
  • Zip Code: 78624

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $144,320
  • Tax Rate Code Area: G086,HUW,S

    Appraisal Valuation

  • Standard Deviation: 0.2064
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 338,604
  • High Value: 408,523
  • Low Value: 268,685

    Market Valuation

  • Market Total Value: $151,330
  • Market Land Value: $140,000
  • Market Improvement Value: $11,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,330
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $11,330

    Sales

  • Current Sale Contract Date: Jan 03, 2014
  • Current Sale Recording Date: Jan 03, 2014
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20140016
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Gillespie


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Frequently Asked Questions

When was property at 1775 Aviation Loop built and last sold?
The property at 1775 Aviation Loop was built in and last sold on Jan 3, 2014 for $90,000.
How much is this home worth?
The estimated value of the home located at 1775 Aviation Loop is $348,627.
What are some comparable homes to 1775 Aviation Loop?
There are currently no comparable homes to 1775 Aviation Loop.