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Shila Egalite

[email protected] +1(210) 284-2995

$ 725,000

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Back on Market

502 Saint Marys St Fredericksburg, TX 78624

3 Beds

2 Baths

1,914 SqFt

UPDATED:

01/06/2025 05:21 PM

Key Details

Property Type Single Family Home

Sub Type Single Residential

Listing Status Back on Market

Purchase Type For Sale

Square Footage 1,914 sqft

Price per Sqft $378

Subdivision Walch Terrace

MLS Listing ID 1697192

Style One Story

Bedrooms 3

Full Baths 2

Construction Status Pre-Owned

Year Built 1941

Annual Tax Amount $4,448

Tax Year 2024

Lot Size 9,583 Sqft

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.

Location

State TX

County Gillespie

Area 3100

Rooms

Master Bathroom Main Level 15X12 Shower Only

Master Bedroom Main Level 13X11 Walk-In Closet, Multi-Closets, Ceiling Fan

Bedroom 2 Main Level 13X11

Bedroom 3 Main Level 13X11

Living Room Main Level 15X13

Dining Room Main Level 15X13

Kitchen Main Level 14X11

Interior

Heating Central

Cooling One Central

Flooring Ceramic Tile, Wood

Inclusions Ceiling Fans, Washer Connection, Dryer Connection, Stove/Range, Disposal, Dishwasher, Ice Maker Connection, Vent Fan, Smoke Alarm, Electric Water Heater, City Garbage service

Heat Source Electric

Exterior

Exterior Feature Patio Slab, Privacy Fence, Storage Building/Shed, Mature Trees, Additional Dwelling

Parking Features None/Not Applicable

Pool None

Amenities Available None

Roof Type Metal

Private Pool N

Building

Faces South

Foundation Basement

Sewer City

Water City

Construction Status Pre-Owned

Schools

Elementary Schools Fredericksburg

Middle Schools Fredericksburg

High Schools Fredericksburg

School District Fredericksburg

Others

Miscellaneous None/not applicable

Acceptable Financing Conventional, FHA, VA, TX Vet, Cash, Investors OK

Listing Terms Conventional, FHA, VA, TX Vet, Cash, Investors OK

Listed by Kendra Sanchez • Engel & Volkers San Antonio • (210) 490-3939

Shila Egalite

Advisor | License ID: 677835

+1(210) 284-2995

Shila Egalite

502 Saint Marys St Fredericksburg, TX 78624

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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502 Saint Marys St