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$825,000
Est. payment /mo
8 Beds
8 Baths
3,813 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Active
Purchase Type For Sale
Square Footage 3,813 sqft
Price per Sqft $216
Subdivision Sandcastle
MLS Listing ID 2011654
Style One Story
Bedrooms 8
Full Baths 8
Year Built 1984
Annual Tax Amount $5,362
Property Sub-Type Multi-Family (2-8 Units)
Property Description
Rare Fredericksburg Fourplex | Prime Investment Opportunity Positioned in one of the fastest-growing and most desirable communities in the Texas Hill Country, this exceptional fourplex offers investors the opportunity to acquire a quality income-producing asset in the heart of Fredericksburg. Located on N. Crockett Street, just minutes from Historic Main Street, this approximately 4,012-square-foot multifamily property features four spacious two-bedroom, two-bath residences designed to attract long-term tenants seeking convenience, comfort, and an exceptional location. Fredericksburg continues to experience strong demand for rental housing driven by a thriving tourism industry, local employers, healthcare, and the area's continued population growth. Multifamily opportunities of this size are increasingly limited, making this property an excellent addition to an investment portfolio or an ideal 1031 exchange acquisition. Constructed with durable brick exteriors and offering ample covered onsite parking, the property provides a low-maintenance investment with multiple income streams and long-term appreciation potential. Its location offers tenants easy access to Historic Main Street, H-E-B, schools, shopping, restaurants, medical facilities, entertainment, and the renowned wineries of the Texas Hill Country. Whether your investment strategy focuses on cash flow, portfolio diversification, or long-term wealth building, this Fredericksburg fourplex delivers an outstanding combination of location, income potential, and future value. Investment Highlights Four income-producing residential units Four spacious 2-bedroom, 2-bath floor plans Approximately 3813 square feet Attractive brick construction Ample onsite parking Excellent long-term rental history Minutes from Historic Main Street Convenient access to schools, shopping, dining, healthcare, and local employers Strong rental demand in one of Texas' premier Hill Country communities Excellent opportunity for investors or 1031 exchange buyers Investment properties of this caliber rarely become available in Fredericksburg. Don't miss this opportunity to own a quality multifamily asset in one of the strongest real estate markets in the Texas Hill Country. Buyer encouraged to independently verify all information, including but not limited to building and unit square footage, lot size, unit configuration, room dimensions, zoning, taxes, utilities, rental information, income and expenses, property features, and other property details. Information is believed to be reliable but is not guaranteed. Buyers are responsible for their own due diligence and should verify information with appropriate governmental agencies, utility providers, taxing authorities, survey, title documents, leases, and other applicable sources.
Location
State TX
County Gillespie
Area 3100
Zoning R2
Direction N
Interior
Heating Central
Cooling Unit Central
Flooring Vinyl
Exterior
Exterior Feature Brick
Garage Spaces 4.0
Roof Type Composition
Building
Foundation Slab
Sewer City
Water City
Schools
Elementary Schools Fredericksburg
Middle Schools Fredericksburg
High Schools Fredericksburg
School District Fredericksburg
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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Listed by Kimberly Bowling • Compass RE Texas, LLC - SA • (936) 203-3351
Learn More About LPT Realty