Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
A
NoAgentList RatingHow are grades calculated? Info

$600,000

118 Danos Dr, Fredericksburg, TX, 78624

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,762 Sq Ft
price_per_sqft$2.24 / sqft
Year BuiltBuilt in 1882

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size32,670 sqft

Building Information

Year Built1882
Roof Type112
Garage Spaces2

Land Information

APN33598
SubdivisionG E Co #216
Land UseResidential
Legal DescriptionG E CO #216 .75, -HOMESITE- -HOMESITE-
Census Tract950500
Assessed Land Value$28,850
Assessed Improvement Value$407,040
Assessment Year2025

About this property

This is your chance to live in a beautifully restored 1882 stone farmhouse in Fredericksburg, TX. The main floor of the stone house holds the kitchen, dining room and living room. Two oversized bedrooms with large walk in closets and their own modern bathroom complete the first level. The loft apartment above the historic house is the third bedroom and has a kitchenette, balcony and a traditional exterior staircase that makes it a separate living space. Other features include ceiling fans, central heat & A/C, two car garage, purified rainwater system, wired for Spectrum wifi, washer & dryer, fridge, convection oven, induction cooktop and Elfa closets. A large front porch with an outdoor fireplace shaded by pecan trees is a perfect place for visiting with friends. The house sits on 10 quiet, scenic acres that include the owner's residence and two other houses belonging to the same owner. Owner maintains the gardens and grounds and the property is gated and high-fenced to protect from deer. Less than 3 miles to HEB and Main Street. Water is included. Tenant responsible for electric, Spectrum and trash collection. No yard maintenance is required with this lease, owner takes care of gardens and landscape. Tenant must maintain Renter's Insurance listing owner as Co-Insured for the duration of the lease. No smoking, no drugs, no parties, no pets. UNFURNISHED except for appliances.

Investor Tools

Property Icon
$600,000
Estimated Property Value
$250,000Estimated Mortgage Balance
$396,733Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$468/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,615
$435,890
2025
$28,850
$407,040
$435,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,615
$435,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firstmark Cu
Credit Line (Revolving) / Heloc
$250,000
No
First
Apr 21, 2017
May 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,267
$396,733
66%
34%
$1,499/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Fredericksburg

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

118 Danos Dr | Property Details | No Agent List