74 Friedrich Cemetery RdFredericksburg, TX 78624

  • Commercial real estate
  • 1,604 SF
For Sale
$1,295,000 View listing

Property Details for 74 Friedrich Cemetery Rd

Year built
2020
Lot size
0.25 AC
Property size (Sq ft)
1,604 SF
Property type
Commercial real estate
APN
187937
APU
187937

Description

This exceptional 7-acre property, located just 10 minutes from Fredericksburg, Texas, presents a unique opportunity to own a luxurious residence and thriving income-generating business. The main home, a stunning 3-year-old Hill Country-style structure, offers 4 bedrooms and 3 bathrooms, including a private ensuite. The open-concept design seamlessly integrates a spacious great room with a wood-burning fireplace, a well-appointed kitchen featuring ample cabinetry and a breakfast bar, and a dedicated dining area. Two additional bedrooms share a convenient hall bathroom. Beyond the main house lies an outdoor oasis perfect for entertaining, complete with an outdoor kitchen, a large masonry wood-burning fireplace, and a charming brick-lined earth oven. Adding to the property's income potential are three established and highly sought-after Airbnb rentals: Estrella Fugaz, Charming Cabin, and La Casita. Each is a beautifully appointed 1-bedroom, 1-bathroom retreat with a kitchenette, comfortably sleeping up to four guests and featuring private outdoor seating areas, fire pits, and grills. The property boasts mature post oak trees, breathtaking sunset views, and is unrestricted, offering significant versatility. Note that a manufactured home on the property is to be removed. Priced at $1,399,000, this property offers an unparalleled blend of luxury living and substantial income potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $383,258
    Hospitality
    $351,062
    Educational
    $292,080
    Medical
    $302,125
    Retail
    $454,346

Location Insight

City
Fredericksburg
County
Gillespie
State
Texas
Latitude
30.3181
Longitude
-98.9465
CBSA code
23240
CBSA name
FREDERICKSBURG, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,435
$6,360
$317,750
$324,110
-
$6,360
$317,750
$324,110

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