Fredericksburg TX Multi Family for Sale
- Type:
- Other
- Sq.Ft.:
- 1,793
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.33 Acres
- Year built:
- 1945
- Baths:
- MLS#:
- 1818703
- Subdivision:
- OUT/GILLESPIE COUNTY
View additional info
Courtesy: Real
512-960-3253
ADDITIONAL INFORMATION
Prime Commercial Opportunity in Fredericksburg's Central Business District. Built in 1945, this charming property sits just 1,000 feet from Main Street and Marketplatz, providing a prime location for commercial use in the heart of Fredericksburg. Zoned for a variety of business purposes, including restaurant, retail, office space, or short-term rentals, this 1,793 sq ft property offers endless possibilities. The main house features 2 bedrooms, an open-concept layout ideal for converting into a retail shop or cozy cafe, and large windows that bring in natural light. Separate staff quarters with a private entrance, kitchen, and bath add even more flexibility, whether for staff housing or as additional rental space.
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2 Acres
- Year built:
- 2000
- Baths:
- MLS#:
- 8082770
- Subdivision:
- Out County
View additional info
Courtesy: Austin Investment & Relocation Property Group
512-574-2969
ADDITIONAL INFORMATION
Looking for a prime investment in Texas wine country? With an estimated cap rate of 7% and growth potential- These two duplexes in Fredericksburg, TX, built in 2000, and situated on over 2 acres, with gated entrance, offer an incredible investment opportunity. All four units are approximately 1,100 sq ft, 2bed /1 bath and are currently rented with three tenants on new one-year leases starting 9/1, 10/15, and 11/1, and the fourth tenant is on a month-to-month basis. This flexible setup allows for potential owner occupancy with a simple 30-day notice to the month-to-month tenant. The current rental income totals $6,910 per month or $82,920 annually, with rents at $1,800, $1,695, $1,695, and $1,720. With low property taxes of just $10,000 per year and tenants covering their own utilities, this property offers a strong cap rate. Whether you're an investor seeking a solid return or a buyer looking for a flexible living arrangement, this is a prime opportunity. Contact us today for financing options and to schedule a tour!
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Fredericksburg Real Estate
The median home value in Fredericksburg, TX is $380,000. This is lower than the county median home value of $543,700. The national median home value is $338,100. The average price of homes sold in Fredericksburg, TX is $380,000. Approximately 52.67% of Fredericksburg homes are owned, compared to 29.38% rented, while 17.95% are vacant. Fredericksburg real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fredericksburg real estate agent to arrange a tour today!
Fredericksburg, Texas has a population of 10,864. Fredericksburg is more family-centric than the surrounding county with 28.83% of the households containing married families with children. The county average for households married with children is 27.03%.
The median household income in Fredericksburg, Texas is $54,771. The median household income for the surrounding county is $64,438 compared to the national median of $69,021. The median age of people living in Fredericksburg is 51.1 years.
Fredericksburg Weather
The average high temperature in July is 92.6 degrees, with an average low temperature in January of 34.2 degrees. The average rainfall is approximately 31.9 inches per year, with 0.6 inches of snow per year.