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$4,650,000 Just Listed
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Property Description
Set along approximately 1,700 feet of the Pedernales River, Eureka Farm presents a rare opportunity to own 39 acres of unrestricted riverfront land in the heart of Gillespie County. Accessed by Eureka Lane, a privately owned road, the property offers an added sense of privacy as level pastureland stretches toward the water and mature trees line the riverbanks, creating a shaded corridor rich with wildlife and classic Hill Country beauty. Just minutes from Fredericksburg and the renowned wineries along the Texas Highway 290 Wine Trail, the ranch balances peaceful seclusion with convenient access to one of the region's most sought-after destinations. At the center of the property sits a 3,544 sq. ft. residence, thoughtfully expanded from an original German homestead, blending historic character with generous living spaces and inviting outdoor areas overlooking the surrounding landscape. A 1,512 sq. ft. guest house provides comfortable accommodations for extended family, guests, or ranch staff. Designed with both lifestyle and function in mind, the ranch includes a well-equipped six-stall horse barn complete with a wash rack, tack room and individual turnouts, along with pipe fencing and open pasture well suited for horses or livestock. Additional improvements include a hay barn/workshop, loafing sheds, and a stock trailer/RV barn. A strong water well further enhances the property's long-term utility. Whether envisioned as a private riverfront estate, equestrian retreat, or legacy Hill Country holding, Eureka Farm offers a rare combination of water, acreage, improvements, and location along the Pedernales River.
Full Property Details
Full Property Details for 249 Eureka Ln
General
- Price: $4,650,000
- Taxes: $6,275
- Status: Active
- Type: Farm
- Source: 1210
- MLS ID: 103919
- Updated: 3/13/2026
- Added to Site: 4 day(s) ago
Location
- County: Gillespie
- Subdivision: N/A, Not in Sub
School Information
- School District: Fredericksburg
Utilities
- Water/Sewer: Aerobic Septic, Septic Tank
- Utility Description: CTEC Electric on Property
Lot Features
- Lot Size (Acres): 39.82
- Topography: Level, Gentle Sloping, Flood Plain, Few Trees, Views, Gentle Sloping
- Land Improvements: Barn, Corrals, Guest House, House, Stables, Storage Building, Workshop
- Zoning: None
Financial Considerations
- Tax Amount: $6,275
Listed by Fredericksburg Realty (830) 998-0633
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Price & Sales History for 249 Eureka Ln
Date
Details
Price
Change
Source
3/12/2026
Listed
$4,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 249 Eureka Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,769
-91%
$169,300
—
2023
$18,944
—
$169,000
-91%
2023
$18,944
1%
$1,787,340
100%
2021
$18,827
-3%
-100%
2022
$19,455
—
$1,498,020
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 249 Eureka Ln
249 Eureka Ln, Fredericksburg, TX 78624 (MLS# 103919) is a Farm property with a lot size of 39.8200 acres. 249 Eureka Ln is currently listed for $4,650,000 and was received on March 12, 2026. Want to learn more about 249 Eureka Ln? Do you have questions about finding other Farm real estate for sale in Fredericksburg? You can browse all Fredericksburg real estate or contact a Coldwell Banker agent to request more information.

