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$1,339,420

NAL Estimated Property Value

409 E Main St, Fredericksburg, TX, 78624

$1,442,892 ARVInfo
Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths2,968 Sq Ft
OfficeOffice
Year BuiltBuilt in 1958

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size19,123 sqft

Building Information

Year Built1958
Roof Type172

Land Information

APN29326
Lot Number220
SubdivisionFbg Addn
Land UseCommercial
Legal DescriptionFBG ADDN BLK 57 LOT 220-PT & UNBRD BEHIND LOT 220, -HOMESITE-COMMERCIAL- -HOMESITE-COMMERCIAL-
Census Tract950402
Assessed Land Value$633,500
Assessed Improvement Value$705,920
Assessment Year2025

About this property

Excellent location, downtown Fredericksburg. Two units available on the south side of Main St midway between Washington and Elk St. Tenants are subject to a gross monthly lease. Each unit rents for $5,000 monthly, or the entire building can be rented at $9,000 a month.

Investor Tools

Property Icon
$1,339,420
Estimated Property Value
$967,789Estimated Mortgage Balance
$371,631Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,037 /month
Positive
Cash Flow Estimate:
$2,679 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,787/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,742
$1,339,420
2025
$633,500
$705,920
$1,339,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,742
$1,339,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Regional Bank
Purchase Money Mortgage
$1,070,000
No
First
Apr 28, 2021
May 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$967,789
$371,631
27%
72%
$6,416/mo

City: Fredericksburg

409 E Main St | Property Details | No Agent List