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$1,598,000

119 San Antonio ST, Fredericksburg, TX, 78624

On MarketInfo
Baths0 Bath
Baths1,673 Sq Ft
OtherOther

Property Lead Type:

Absentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Microwave, Refrigerator, Washer/Dryer

Exterior

Private PoolPrivate Pool
Lot Size8,756 sqft

Building Information

Year Built1930
Roof Type115

Land Information

APN13769
Lot Number352
SubdivisionFbg Addn
Land UseResidential
Legal DescriptionFBG ADDN BLK 37 LOT 352-PT
Census Tract950301
Assessed Land Value$265,980
Assessed Improvement Value$798,750
Assessment Year2025

About this property

Perfectly nestled in Fredericksburg’s Historic District with 2 STR Permits! Located in the heart of Fredericksburg’s Historic District and just a short stroll from Main Street, this exceptional multi-home property seamlessly blends historic charm with modern comfort. Following a complete renovation of the front home (2023–2025) and updates to the back home, this turnkey retreat is currently used as a B&B short-term-rental. If you're wanting a place of your own, you can use one home for personal use and the other for guests. The possibilities are endless. The front home features 3 bedrooms, 3 gorgeous bathrooms with frameless glass showers, a cozy sitting room, dining area with unique chandelier, gas fireplace, and a beautifully well-equipped kitchen with gas cooktop. The back guest home offers a fun antique filled 2 bedrooms, 2.5 bathrooms, two inviting sitting rooms with TVs, a full kitchen, and an additional kitchenette, perfect for gatherings or extended stays. Outdoor spaces include a spacious covered porch, BBQ pit, hot tub, and comfortable sitting area, ideal for relaxing and entertaining just minutes from popular restaurants, shopping, galleries, tasting rooms, and museums. Blending Fredericksburg’s rich German heritage with thoughtful updates throughout, this property stands out as a premier offering in one of the most sought-after locations in town. Property has 2 permits and rated 5Star on both VRBO and AirBnB. Sold turnkey, excluding a few select personal items.

Investor Tools

$219,656Estimated Mortgage Balance
$859,344Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,588 /month
Positive
Cash Flow Estimate:
$3,196 /month

Interested in this property?

Michele Smith

Reata Ranch Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,538/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,066
$1,064,730
2025
$265,980
$798,750
$1,064,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,066
$1,064,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lrs Financial Network Inc
Commercial
$304,000
No
First
Nov 26, 2013
Dec 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,656
$859,344
79%
20%
$1,823/mo

Learn About the Market: Opportunity in Texas

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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

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