For sale
$1,800,000
114 Fleury Way
Fredericksburg, TX 78624
- 0 beds
- 0 baths
- 11.1 acres
Listing courtesy of Fredericksburg Realty · (830) 997-6531 · MLS# 9235000 · Status: Active
About this home
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.
Description provided by the listing brokerage.
Facts
- Property type
- Commercial Sale · See Remarks
- Year built
- 1999
- Lot size
- 11.1 acres
- Annual taxes
- $21,169
- County
- Gillespie
- Neighborhood
- NA
Features
- View
- Neighborhood, Rural
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Parking
- See Remarks, Carport, Garage, Open
- Foundation
- See Remarks, Pillar/Post/Pier, Slab
- Energy efficiency
- HVAC
- Construction
- See Remarks, Frame, Vinyl Siding, Wood Siding
Location
Listings courtesy of Unlock MLS as distributed by MLS GRID.
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