$625,000

502 Saint Marys St, Fredericksburg, TX 78624

  • 3 beds |
  • 2 baths |
  • 1,914 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1941
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $327/sqft
  • Property List Date Icon Listed 2 years ago

Property Description

Introducing this captivating Fredericksburg residence, ideally situated on a secluded corner lot in the heart of Fredericksburg, TX. Offering privacy from neighbors, this home features a cedar-fenced front yard, a charming storybook facade, and a welcoming front porch that captures sweeping views of the city and the historic Saint Mary's Chapel. Inside, you'll be welcomed by an elegant blend of craftsmanship and character, showcasing hardwood floors, reclaimed wood walls, custom millwork, exposed beams, and distinctive brick accents. The chef's kitchen boasts stainless steel appliances, an oversized gas stove, a farmhouse sink, and a butcher-block island. Three serene bedrooms each feature beautifully tiled baths, including one with a luxurious multi-head rainfall shower. The detached 1-bedroom casita, facing the street with its own address, provides a rare opportunity for privacy and versatility. It has its own parking, entrance, and small front garden, offering the perfect space for guests, a home office, or as a short-term rental. The casita comes with a transferable city permit for STR use, allowing you to capitalize on the growing demand for vacation rentals in Fredericksburg. With the potential to earn around $175 per night, this casita can generate approximately $5,500 per month, whether through Airbnb or other platforms. Together, the main house and casita present an exceptional investment opportunity. The main home is perfect for long-term rental, generating approximately $2,500 per month, while the casita offers lucrative short-term rental potential. Whether through Airbnb or another platform, the combination of both properties can create substantial monthly income, making this a rare opportunity to offset mortgage costs and enjoy consistent cash flow. Located just blocks from Main Street, you'll have easy access to Fredericksburg's vibrant shops, restaurants, and attractions, all nestled in the heart of the Hill Country. This property offers the ideal blend of charm, comfort, and income potential-perfect for investors or anyone seeking a property with substantial financial upside.

Listing Status:
Active
Date Added:
June 20, 2023 at 05:00AM
Listing Office:
Engel & Volkers San Antonio : (210) 490-3939
Listing Agent:
Kendra Sanchez : (210) 490-3939
MLS ID:
1697192
  • General: One Living AreaSeparate Dining RoomLoftUtility Room Inside
  • Flooring: Ceramic TileWood
  • A/C: One Central
  • Heating: CentralElectric
  • Fireplace: Not Applicable
  • Eco/Green Feature: 12"+ Attic InsulationCeiling FansDrought Tolerant Plants

This listing courtesy of Kendra Sanchez, Engel & Volkers San Antonio

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Fredericksburg Primary School

1110 S Adams St, Fredericksburg, TX, 78624

Grades PK-1

0.77 miles away

F

Fredericksburg Middle School

110 W Travis St, Fredericksburg, TX, 78624

Grades 6-8

0.85 miles away

F

Fredericksburg High School

1107 S State Highway 16, Fredericksburg, TX, 78624

Grades 9-12

0.75 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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