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$799,000

146 Hillside Dr, Fredericksburg, TX, 78624

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,638 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$302.88 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Water Heater, Range, Refrigerator, See Remarks
FlooringCarpet, Tile

Exterior

Exterior FeaturesSee Remarks
Lot Size2.68 acres

Building Information

Year Built1988
Roof Type112
Garage Spaces2

Land Information

APN34916
Lot Number23
SubdivisionCedar Hills
Land UseResidential
Legal DescriptionCEDAR HILLS LOT 23, 2.68, -HOMESITE- -HOMESITE-
Census Tract950500
Assessed Land Value$140,030
Assessed Improvement Value$418,170
Assessment Year2025

About this property

Originally designed by renowned Hill Country builder Richard Laughlin in 1988, this exceptional 2,638-square-foot, two-story home seamlessly blends timeless Hill Country architecture with thoughtful modern updates. The solid limestone exterior provides enduring character and a strong sense of place, while extensive renovations bring the home comfortably into the modern day. Recent improvements include a new metal roof installed in 2025, new high-efficiency windows, completely remodeled kitchen with Waymaker cabinetry, new paint throughout, new doors, new GE appliances, and new tile flooring throughout the downstairs. The thoughtfully updated kitchen is complemented by a stylish coffee bar, adding both charm and functionality to the space. The beautifully remodeled bathrooms feature distinctive finishes, including a custom stone sink in the powder bath. Master suite includes a new oversized walk-in shower and private coffee terrace. The upstairs bathroom has been completely renovated with a new tub, tile, and cabinetry. A generous screened-in porch expands the living area, providing a wonderful indoor-outdoor space for relaxing and entertaining. With its distinctive limestone construction, thoughtful architectural details, and extensive modern updates, this home offers a rare opportunity to own a piece of Fredericksburg’s Hill Country design history. The combination of Richard Laughlin’s original vision and today’s refined finishes creates a home that is both timeless and effortlessly livable.

Investor Tools

$247,453Estimated Mortgage Balance
$607,547Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,130 /month
Positive
Cash Flow Estimate:
$1,710 /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
$444/month
$25/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,056
$558,200
2025
$140,030
$418,170
$558,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,056
$558,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Commercial
$249,999
No
First
Jan 14, 2026
Jan 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,453
$607,547
71%
29%
$1,499/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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146 Hillside Dr | Property Details | No Agent List