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502 Saint Marys St Fredericksburg, TX 78624

3 Beds
2 Baths
1,914 Sqft
9,583 Sqft lot
0.22 Acre lot
$699,000 Est. $2,574 / mo.*
Status: Active
Property Type: Single Family Detached
Year Built: 1941
Neighborhood: Walch Terrace
Days on Website: 665

Courtesy of Engel & Volkers San Antonio, Kendra Sanchez {attribution_contact}

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.

Open House

Property Details and Features

  • Stove/Range
  • Ceiling Fans
  • Washer Connection
  • Dryer Connection
  • Disposal
  • Dishwasher
  • Ice Maker Connection
  • Vent Fan
  • Smoke Alarm
  • Electric Water Heater
  • City Garbage service
  • None/not applicable
  • Listing date: 2023-06-20 05:00:00
  • 375 cumulative days on market
  • 375 days on market
  • Price per square foot: $365
  • 3 bedrooms
  • 2 total bathrooms
  • 2 full bathrooms
  • Shower Only
  • County: Gillespie
  • Area: 3100
  • Subdivision: WALCH TERRACE
  • Built in 1941
  • Approximate age: 84 years
  • Construction: Pre-Owned
  • Builder: Unknown
  • 1,914 square feet
  • 1 story
  • South
  • One Story
  • Patio Slab
  • Privacy Fence
  • Storage Building/Shed
  • Mature Trees
  • Additional Dwelling
  • Siding
  • One Living Area
  • Separate Dining Room
  • Loft
  • Utility Room Inside
  • All Remain
  • Metal
  • Ceramic Tile
  • Wood
  • Basement
  • Not Applicable
  • Lot size: 0.22
  • City Street
  • None
  • Kitchen length: 14 feet
  • Kitchen width: 11 feet
  • Living room length: 15 feet
  • Living room width: 13 feet
  • Dining room length: 15 feet
  • Dining room width: 13 feet
  • Walk-In Closet
  • Multi-Closets
  • Ceiling Fan
  • Master bedroom length: 13 feet
  • Master bedroom width: 11 feet
  • Bedroom 2 length: 13 feet
  • Bedroom 2 width: 11 feet
  • Bedroom 3 length: 13 feet
  • Bedroom 3 width: 11 feet
  • Utility room length: 13 feet
  • Utility room width: 12 feet
  • None/Not Applicable
  • None
  • School district: Fredericksburg
  • Elementary school: Fredericksburg
  • Middle school: Fredericksburg
  • High school: Fredericksburg
  • Electric
  • Central
  • One Central
  • 12+ Attic Insulation
  • Ceiling Fans
  • Drought Tolerant Plants
  • City
  • Tax year: 2024
  • Total tax amount: $4,448