For more information regarding the value of a property, please contact us for a free consultation.
5112 U.S. 290 198 Fredericksburg, TX 78624
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Arch Ray Resort
MLS Listing ID 1750532
Sold Date 07/15/24
Annual Tax Amount $38,235
Lot Size 9,147 Sqft
Property Description
4% seller financing with 50 percent down payment! No HOA dues currently - dues will start when community is 65% built-out, so probably late 2024. Arch Ray On The River is the most exciting new development in Fredericksburg. This offering is a RV and cabin land lot within the brand new gated Arch Ray resort. The .2 acre lot includes all utility hook-ups in place and ready including water, sewer, power and internet. RV pad size is 20 feet by 70 feet. You also have the option of building a two-bedroom cabin on the lot. This offers a great option to have a two-bedroom home to live in or rent out, as well as a covered large parking space for your RV. Best of all short term rentals are allowed, and Arch Ray even offers its own TurnKey Property Management company on site to take care of all the STR hassle so you don't have to. This is an excellent opportunity to own a personal getaway in a beautiful resort, that is also a money-maker by renting it out. If you built a small home, you could rent out both it and an RV, increasing your profit! You are not just purchasing an RV cabin site, you are investing in a luxury lifestyle with great amenities. Arch Ray On The River offers world class amenities including access to the Pedernales River, membership at Arch Ray Resort, resort-style pool, community center, fiber internet, and sewer, water, and electric. The Arch Ray Resort amenities include a members only Barrel Room, a Grand Hall to host entertainment and serve guests in an intimate lounge feel, the Ogle Brewery, a bakery, a distillery, a winery and an Amphitheater that will host live music from household name bands throughout the year. Charming Fredericksburg with great restaurants, music venues, shopping, hospital, supplies is an easy 9-minute drive from the property via US-290. Johnson City is a 26-minute drive via US-290 and San Antonio is 1-hour, 9-minute drive via US-290 and I-10. Allowed vehicles include Class A motorcoaches, luxury Class B RVs, and elevated fifth-wheel campers. Cabin design and development are also available to interested parties. Own your own piece of the Arch Ray On The River! Amenities Include: Access to the River Membership at Arch Ray Resort-Style Pool Community Center Fiber Internet Sewer, Water, and Electric HOA Includes: Common Area Maintenance General Liability Insurance Common Area Taxes Pool Maintenance On-site Treatment Plant & Well Security Landspace Maintenance
Location
State TX
County Gillespie
Area 3100
Zoning RESIDENTIAL
Exterior
Utilities Available Water System, Natural Gas, Electric, Telephone, Sewer System, Cable TV
Schools
Elementary Schools Fredericksburg
Middle Schools Fredericksburg
High Schools Fredericksburg
School District Fredericksburg
Others
Acceptable Financing Conventional, Cash, Other
Listing Terms Conventional, Cash, Other
Read Less