REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Victor Aguilar

victor@azurigroup.com +1(512) 909-1532

$1,800,000

Est. payment - /mo

1,760 SqFt

Save

UPDATED:

Key Details

Property Type Commercial

Sub Type See Remarks

Listing Status Active

Purchase Type For Sale

Square Footage 1,760 sqft

Price per Sqft $1,022

Subdivision Na

MLS Listing ID 9235000

Year Built 1999

Annual Tax Amount $21,168

Tax Year 2026

Lot Size 11.100 Acres

Acres 11.1

Property Sub-Type See Remarks

Source actris

Property Description

Situated on approximately 11.10 acres just north of Fredericksburg, this established income-producing property offers a rare opportunity to acquire a multi-residence investment in the Texas Hill Country. Located approximately 7 miles, or an 11-minute drive, from downtown, the property combines a convenient location with a private, rural setting. The property is currently fully occupied, providing an established rental operation with the potential for continued long-term income. The property includes 11 residential units, with improvements constructed primarily in 1995, 1996, and 2011. The residences are arranged along Fleury Way and Collard Drive, creating a small residential community with a mix of homes and additional living accommodations. Mature trees, open areas, and outdoor improvements contribute to the property's Hill Country setting. A grandfathered water well, reportedly producing approximately 75–100 gallons per minute, serves as an important utility feature for the property. With its existing tenant base, multiple residences, and close proximity to Fredericksburg, this property presents an attractive opportunity for investors seeking a diversified residential rental asset. The combination of acreage, established improvements, and income-producing use offers flexibility for continued operation and future investment planning, subject to applicable regulations and property restrictions.

Location

State TX

County Gillespie

Area Gp

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Neighborhood, Rural

Total Parking Spaces 15

Building

Foundation See Remarks, Pillar/Post/Pier, Slab

Structure Type See Remarks,Frame,Vinyl Siding,Wood Siding

New Construction No

Others

Restrictions None

Acceptable Financing Cash, Conventional

Tax Rate 1.046678

Listing Terms Cash, Conventional

Special Listing Condition Standard

Read Less Info

Listed by Fredericksburg Realty • Justin Cop

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Victor Aguilar

+1(512) 909-1532

Agent/Team Lead License ID: 0653089

114 Fleury WAY Fredericksburg, TX 78624

Victor Aguilar

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Go tour this home

114 Fleury WAY