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249 Eureka Ln, Fredericksburg, TX, 78624

2beds
3baths
3,544sqft
$4,650,000
$1,312price/sqft
$29,313/moest. monthly cost
$1,172,520/yrincome needed

About This Home

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 Ln, 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 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.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

5/10
6/10

Construction

Condition

  • Property condition: Historic Design
  • Year built: 1940

Materials

  • Foundation: Slab
  • Roof: Metal

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Interior

Appliances

  • Appliances included: Gas Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Features

  • Built-in Features,Ceiling Fan(s),Beamed Ceilings,Vaulted Ceiling(s),Double Vanity,Electric Dryer Hookup,French Doors,Kitchen Island,Multiple Living Areas,Recessed Lighting,Walk-In Closet(s),Washer Hookup
  • Window features: Double Pane Windows
  • Flooring: Carpet,Wood
  • Number of fireplaces: 2
  • Fireplace features: See Remarks,Living Room,Masonry,Raised Hearth

Heating & Cooling

  • Heating features: Central,Electric,Fireplace(s)
  • Cooling features: Ceiling Fan(s),Central Air,Electric

Interior Area

  • Total interior livable area: 3,544 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: A0720002600000000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Deck,Patio,Porch
  • Exterior features: See Remarks,Private Entrance
  • Fencing: Cross Fenced, Partial, Perimeter, Pipe
  • Has view: Yes
  • View description: Hill Country,Panoramic,River
  • Has water view: Yes
  • Water view: River
  • On waterfront: Yes
  • Waterfront features: River Front
  • Waterbody name: Pedernales River
  • Topography of land: Level, Gentle Sloping, Flood Plain, Few Trees, Views
  • Horses can be raised: Yes

Lot

  • Lot size: 39.82 Acres
  • Features: Cleared,Few Trees,Level,Private,Views

Parking

  • Parking features: Detached,Garage
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Tornado
    TornadoVery High
  • Drought
    DroughtRelatively High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate

How This Home’s Risks Compare

Inland Flooding
Tornado
Drought
Hail
Lightning
Strong Wind
Wildfire
Winter Weather
Cold Wave

FEMA Declared Disasters Across Texas Counties

Fire
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $23,512$282,144
Home Insurance *$2,196$26,352
Property Taxes $3,216$38,592
Electricity $389$4,669
Total$29,313$351,756
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,005,017/yr
40% on housing$879,390/yr
45% on housing$781,680/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.6%
5.6%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,312This listing

vs Other Active Listings

Avg $/sqft

ZIP 78624$350
Gillespie County$391

vs Homes Sold Last Month

Median $/sqft

ZIP 78624$280
Gillespie County$236

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-12Listed for sale$4,650,000

For Sale by Agent

AgentJustin Cop
BrokerageFredericksburg Realty

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