Status: Available for Sale

492 Acres Price Ranch
Central-Hill Country Ranch for Sale in Gillespie County, Texas

  • Region: Central-Hill Country
  • County: Gillespie
  • Location: 494 Tres Arroyos, Fredericksburg, Texas, 78624
  • Size: 492 Acres ($35,061/acre)

Key Property Features

  • Home on Property
  • Hunting
  • Live Water
  • Water on Property

Ranch Description

Price Ranch has everything one could ask for in a Hill Country property with strong spring-fed creeks, tastefully restored historical improvements, fertile pastureland, and stunning views all just a mere minutes to Main Street Fredericksburg! 

Improvements on the Ranch

The traditional Hill Country German-style Main House, originally built in the 1850s, and restored by Daniel Jenschke in 2007, is 5,300sf with 3 bedrooms and 4 baths. The expertly updated home includes a chef’s kitchen and open-concept, two-storied great room with a bar, living and dining area, naturally lit through clerestory windows, and a bank of French doors. Luxurious details include an underground wine cellar, sleeping loft above a second living area, water softener and R/O system, timber beams and limestone masonry, a screened porch with built-in grill and wood-burning pizza oven, full-size tennis/pickleball court with basketball hoop, and an attached 2-car garage. Complete with a beautiful view, the Main House is strategically situated on a bluff overlooking one of the verdant pastures and fishing ponds. The most recent remodel in 2011, by Bill Dunn Construction, focused on the screened porch addition and updating the primary bathroom.  

guest cottage is directly adjacent to the main home and is approximately 860sf with one bedroom, one full bath, along with a living room and kitchen.  

The Primary Barn, also located near the Main House, has a concrete foundation and four (4) additional parking spaces for tractors and ranch vehicles. Additionally, the barn offers a flex space/bedroom downstairs with a full bath, along with the 1,428sf carriage house apartment above the barn with one bedroom and a half bath; both spaces are heated and cooled. 

The historic “Petsch House” is a charming 3,237SF 2-bedroom, 2.5-bath traditional German-style home located just west of the main headquarters.  Originally built in 1858, the house was fully restored with modern amenities in 2020. 

There are also miles of chip-seal roads allowing easy access across the ranch, along with lots of roads accessible by ATV, horse, or trail bike. 

Water Summary

The highlight of the ranch is the 1,650ft (both sides) of spring-fed Hunter’s Creek, which features a drive-across spillway with a stunning waterfall that cascades into a deep swimming hole.  On the north side of the property, there is 35001270ft (900ft both sides) of frontage along Cypress-lined South Grape Creek, and on the west side, another 4,570ft of seasonal Hopfs Creek, which will flow during strong rainfall years.  There are 32 water wells, two with electric submersible pump that services the homes, and one other solar well which feeds a small wildlife pond in the exotic pasture.  Adjacent to the main house are also 2 nice sized fishing ponds.   

Vegetation and Terrain

The gently rolling terrain has elevations ranging from 1520-1740FASL, with the highest point being on the east side of the ranch, offering breathtaking long-distance views.  There is approximately 13040 acres of improved pastureland, with the remainder being a mix of native grassland and wooded areas, providing the ideal mix for hunting and grazing opportunities.  

Wildlife on the Property

On the east side of the ranch is a 70+/- acre high-fenced exotic pasture with Red Stag, Black Buck, and Fallow Deer.  The remainder of the ranch is low-fenced and has a healthy population of whitetail and free-ranging Axis Deer. 

Minerals

See Broker.

Taxes

Ag & Wildlife Exempt.

Location Directions

The ranch is conveniently located just 10 miles SE of Fredericksburg near legendary Luckenbach, TX.  It boasts 3,200 ft of frontage along RR 1376 with 2 gated entrances, along with 2 additional easement access points.

Texas law requires all real estate licensees to provide the following Information About Brokerage Services: trec.state.tx.us/pdf/contracts/OP-K.pdf

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About Robert Dullnig

Premier Texas Ranch Broker

With deep roots in South Texas, Robert Dullnig is a third-generation rancher from a family long committed to land stewardship. With 27 years of experience in ranch real estate, he has represented the sale of more than 550 properties and 921,657 acres totaling over $2.5 billion in transactions. Consistently recognized among the industry’s top producers — including being named the #1 farm and ranch agent by the San Antonio Business Journal since 2020 — Robert brings unmatched market knowledge, discretion, and expertise to every transaction. Contact us today for an exclusive tour of this property and discover why clients trust him for Texas ranch real estate.

About the Central-Hill Country Region in Texas

The Texas Hill Country is the crown jewel of ranch country — rolling limestone hills draped in century-old live oaks, spring-fed rivers, and panoramic views that stretch for miles. From Kerrville to Hunt and Bandera to Blanco, these ranches offer exceptional whitetail deer and turkey hunting, Guadalupe River frontage, and proximity to San Antonio. Whether you’re seeking a legacy estate, a recreational retreat, or a working cattle operation, Central-Hill Country delivers unmatched beauty and investment potential. Explore exclusive listings with Dullnig Ranches — contact us today to find your perfect Hill Country ranch.

Location Map

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