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$1,044,460

NAL Estimated Property Value

404 N Milam St, Fredericksburg, TX, 78624

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths1 Bath
Baths1,652 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.73 / sqft
Year BuiltBuilt in 1915

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringCarpet, Wood

Exterior

Lot Size12,911 sqft

Building Information

Year Built1915
Roof Type112

Land Information

APN26385
Lot Number2
SubdivisionWalter
Land UseCommercial
Legal DescriptionWALTER BLK 1 LOT 2-PT
Census Tract950302
Assessed Land Value$188,610
Assessed Improvement Value$855,850
Assessment Year2025

About this property

100 year old Milam House. 1,625 SF Four Square 2-story home. 3 bedroom 1 bath. Historically accurate shutters, 120 SF front porch and picket fence. Walk to downtown. 3 blocks to Main ST. 1 block to Historic District. Massive century old oaks. Move in ready as is. Update to your taste. Excellent buy, hold and rent. Rent at $1,500-$1,600 monthly “as is”. Large 0.29 acre lot with room for guest house, garage, garden and/or expansion. 114 feet frontage. All Fredericksburg schools within 1.2 miles.

Investor Tools

Property Icon
$1,044,460
Estimated Property Value
$0Estimated Mortgage Balance
$1,044,460Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,267 /month
Positive
Cash Flow Estimate:
$2,089 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,579/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,729
$1,044,460
2025
$188,610
$855,850
$1,044,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,729
$1,044,460

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,044,460
100%
0%
$0/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.

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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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404 N Milam St | Property Details | No Agent List