ActiveMLS# 8534299

Lot 3 Oakwater Dr

3.54 Acres · Lot/Land
Fredericksburg, TX 78624 (Gillespie County)
$226,000 · $63,842/acre

About this property

Build your dream residence on this ideally situated lot just 12 miles south of Fredericksburg! There is a community park being built which will include a children's playground as well as a party pavilion. The lot is permitted to have up to three structures including a cabin or a barndominium. Modular homes can be built with approval from the HOA committee. You won't want to miss the stunning oak trees and the picturesque view of a wet weather pond. This lot offers endless opportunities!

Property details

Property TypeLot/Land
Acreage3.54 acres
StatusActive
Days on Market95 days
ListedJuly 8, 2026
CountyGillespie
ZIP Code78624
Price per Acre$63,842/acre
SubdivisionOakwater
ViewSee Remarks, Hill Country, Trees/Woods
MLS Number8534299
Listed ByReata Ranch Realty, LLC

Location

Area & Lifestyle

About the Area

Lot 3 Oakwater Dr is located in Fredericksburg, Texas, in Gillespie County. Gillespie County is the cultural and commercial heart of the Texas Hill Country, anchored by Fredericksburg, a city founded by German immigrants in 1846 whose heritage is still visible in the architecture, festivals, and cuisine. The county is one of the top wine-producing regions in Texas, with over 50 wineries drawing millions of visitors annually.

The Pedernales River originates in Gillespie County and flows eastward through rolling granite and limestone hills covered in live oak, juniper, and peach orchards. Enchanted Rock, a massive pink granite dome, rises 425 feet above the surrounding terrain in the northern part of the county.

Fredericksburg had an estimated population of 11,254 as of 2023. The 78624 zip code has a median household income of $67,987, a median home value of $439,600, and a median age of 51.1. The average household size is 2.36 people.

Wine tourism, peach farming, agritourism, ranching, and a thriving retail and hospitality sector in Fredericksburg drive the county economy. Gillespie County consistently ranks among the fastest-growing rural counties in Texas, attracting buyers seeking vineyard estates, ranch retreats, and Hill Country lifestyle properties.

Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).

Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Reata Ranch Realty, LLC.

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Barron Johnson
Broker Associate · Spyglass Realty
Schedule a showing for Lot 3 Oakwater Dr