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Through the Grapevine

Texas Hill Country winery hits the market and uncorks $3.2 million price tag

John Egan
Nov 9, 2018 | 10:33 am
Kerrville Hills Winery
The property spans 30 acres.
Courtesy photo

A new business opportunity has been uncorked in the Texas Hill Country. Kerrville’s first and only winery is now on sale with a price tag of more than $3.2 million.

Situated in the state’s top wine-producing region, Kerrville Hills Winery opened in 2011 just outside the town of Kerrville, about 65 miles northwest of San Antonio and 100 miles southwest of Austin. The winery, owned by husband and wife Wayne and Carol Milberger, sits on 30 mostly undeveloped acres that once were part of Evans Ranch.

The winery, which overlooks the Guadalupe River Valley, features a tasting room; a bottling room; a gift shop; and a barn with a loft, pool, and cabana. In all, the buildings encompass about 15,000 square feet.

“The opportunity to own a winery in the Texas Hill Country is more than a business — it’s for an owner that is looking for a lifestyle,” Mark Woodling, vice president of United Strategic Client Services in Dallas, says in a release.

Woodling is marketing the property in conjunction with Clint Fiore of Texas Business Buyers in San Antonio.

With the inventory — more than 10,000 gallons of bottled wine — the asking price is $3.26 million. Without the inventory, the winery is going for $2.155 million. In 2017, Kerrville Hills rang up sales of $312,212.

“The sellers feel they are at the tip of the iceberg for the potential of this winery, but are ready to retire and transition their property to a new owner that will help it fulfill its potential,” Fiore says. “Wineries are a great opportunity for an investor or investor group with the energy and taste buds to continue a legacy brand or create their own brand.” Currently, reviewers on TripAdvisor rate the winery as the No. 3 thing to do in Kerrville.

Dereck Syfert, a broker with United Country | Ray Land Co., which is affiliated with United Strategic Client Services, says that aside from being the only winery in Kerrville, the property holds appeal for tourists from the San Antonio and Austin areas who are hunting for “a quick and relaxing getaway.”

Texas Hill Country wineries are among the top tourist attractions in the state.

Kerrville Hills Winery
Courtesy photo
Texas Hill Country wineries are among the top tourist attractions in the state.
wine hill-country
news/real-estate

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living single

Dallas lands among 10 most affordable U.S. metros for living alone

Amber Heckler
Oct 21, 2026 | 9:10 am
Dallas skyline
Getty Images
In DFW, renters can afford to live solo.

Not everyone is cut out for living with roommates, but finding an affordable place to live alone can be tricky. Luckily, Dallas-Fort Worth sits among the top 10 most affordable U.S. metros for living by yourself, according to a new report.

Analysts at Apartments.com discovered North Texas renters spend the seventh lowest share of their monthly income on single-bedroom rent out of the 50 biggest metros in the U.S.

The study used a 30 percent "common budgeting guideline" to calculate the share of median renter household income spent on one-bedroom asking rents across the 50 largest U.S. metros, and determined renters can only afford to live alone in 24 of the 50 metros without crossing the 30 percent threshold.

The median annual income of a DFW renter household is $63,172, and the findings show the typical asking rent for a one-bedroom apartment comes out to $1,348 per month. The study determined single renters spend 25.6 percent of their monthly income on rent based on the budgeting suggestion.

Texas' favorable rental market also extends outside of the Dallas-Fort Worth Metroplex: Austin surprised as the No. 1 most affordable metro for living alone, and San Antonio appeared among the top 10.

Austin renters spend the smallest share of their income on single-bedroom apartment rent, at 23.1 percent. That's based on a median renter household income of $70,008 and a $1,348 monthly one-bedroom asking rent price.

Dwindling rent prices and the prevalence of major tech employers are also attracting new renters, and the city has an 11.6 percent apartment vacancy rate.

"The average rent in Austin has decreased year over year, and construction of new housing increased by 30 percent over the past decade," the report's author wrote. "Tax incentives in Texas draw large tech corporations, like Google and Apple, to the Austin area, which has increased average wages, added more jobs to the local economy, and attracted renters in the process."

San Antonio ranked right above DFW in sixth place nationwide with solo renters spending 25.4 percent of their monthly income on single-bedroom rent, coincidentally the same share as single renters living in Raleigh, North Carolina and Salt Lake City, Utah.

This is the income and one-bedroom rent data in San Antonio:

  • $51,029 – median renter household income
  • $1,082 – one-bedroom monthly asking rent

A separate Apartments.com survey found 39 percent of U.S. adults would never feel comfortable living with a roommate, and 16 percent of renters would rather pay more in rent to live alone than consider living with a roommate.

"Factors contributing to lower rents may include recent high levels of construction, rising vacancy rates as renter demand catches up to supply, and fewer regulations, such as flexible zoning and lower development costs compared to other parts of the country," the report said. "Living alone has become a non-negotiable for many renters, and some renters are willing to make tradeoffs to afford this lifestyle."

The top 10 most affordable U.S. metros for living alone are:

  • No. 1 – Austin
  • No. 2 – Oklahoma City
  • No. 3 – Phoenix
  • No. 4 – Raleigh, North Carolina
  • No. 5 – Salt Lake City, Utah
  • No. 6 – San Antonio
  • No. 7 – Dallas-Fort Worth
  • No. 8 – Denver
  • No. 9 – Portland, Oregon
  • No. 10 – Columbus, Ohio
real estate rent rent prices apartments affordability reports
news/real-estate
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