Prime Commercial Opportunity in Fredericksburg's Central Business District. Built in 1945, this charming property sits just 1,000 feet from Main Street and Marketplatz, providing a prime location for commercial use in the heart of Fredericksburg. Zoned for a variety of business purposes, including restaurant, retail, office space, or short-term rentals, this 1,793 sq ft property offers endless possibilities. The main house features 2 bedrooms, an open-concept layout ideal for converting into a retail shop or cozy cafe, and large windows that bring in natural light. Separate staff quarters with a private entrance, kitchen, and bath add even more flexibility, whether for staff housing or as additional rental space.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Properties subject to prior sale, change, withdrawal or rental. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 9:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$5,455
$343,620
2019
-
$343,620
2018
$4,791
$268,140
2017
$4,641
$260,895
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,055
Per Month
Principal & Interest
$3,988
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,462
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Fredericksburg Elementary School
1608 N Adams St
Distance between this listing and this school1.58 miles
Public District Grades 1-5
7
/10
Stonewall Elementary School
220 Peach St
Distance between this listing and this school12.86 miles
Public District Grades KG-5
Middle School
4
/10
Fredericksburg Middle School
110 W Travis St
Distance between this listing and this school0.53 miles
Public District Grades 6-8
High School
3
/10
Fredericksburg High School
1107 Hwy 16 South
Distance between this listing and this school0.96 miles
Public District Grades 9-12
Assigned Schools
3
/10
Fredericksburg Elementary School
1608 N Adams St
Distance between this listing and this school1.58 miles
Public District Grades 1-5
7
/10
Stonewall Elementary School
220 Peach St
Distance between this listing and this school12.86 miles
Public District Grades KG-5
Nearby Schools
2
/10
Comfort Elementary School
605 3rd St
Distance between this listing and this school20.90 miles
Public District Grades PK-5
Assigned Schools
4
/10
Fredericksburg Middle School
110 W Travis St
Distance between this listing and this school0.53 miles
Public District Grades 6-8
Nearby Schools
4
/10
Peterson Middle School
1607 Sidney Baker St
Distance between this listing and this school20.94 miles
Public District Grades 7-9
5
/10
Comfort Middle School
216 High St
Distance between this listing and this school20.98 miles
Public District Grades 6-8
Assigned Schools
3
/10
Fredericksburg High School
1107 Hwy 16 South
Distance between this listing and this school0.96 miles
Public District Grades 9-12
Nearby Schools
1
/10
Alternative School
1110 S Adams St
Distance between this listing and this school0.90 miles
Public District Grades 11-12
4
/10
Comfort High School
143 Hwy 87 North
Distance between this listing and this school19.26 miles
The neighbors living near this home have an average income of $41,955. Typical income of Fredericksburg, TX residents is less than $35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
This home is located at 301 S Adams St in Fredericksburg, TX and zip code 78624. This 1,793 square foot home, which was built in 1945, sits on a 0.33 acre lot. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $799,000.
While more than 0 listings in Fredericksburg, TX in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 5 were sold below. Between September 2024 and October 2024, Fredericksburg, TX real estate market has seen decrease in the number of listings by 2.1%. The median list price of listings available in October 2024 was $584,250, while the average time on the real estate market was 90 days.
From Rocket Homes Real Estate and based on county public records data.