
$93,450
NAL Estimated Property Value315 W Burbank St, Fredericksburg, TX, 78624
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About this property
Fredericksburg rehab, investor, flip, BNB. 926 SF Hill Country 1945 bungalow in City Limits. 2 bedroom, 1 bath. 0.32 acre lot. Wood floors, metal roof, gas heat, window AC units. Laundry in 312 SF detached Garage. 152 SF Porch. 58 SF Patio. 180 SF Shed. Walk to downtown, elementary, middle schools. With $30K rehab: $12,710 NOI, 7.06 CAP. At list and $30K rehab, $209,900 investment is $36,000 under 2016 AVG sale for homes under 1,000 SF. Easy Garage conversion to make property 3 bedroom 2 bath.Restrictions: Yes
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Fredericksburg
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