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$355,000

502 S Eagle Street #202, Fredericksburg, TX, 78624

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths670 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$529.85 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Free-Standing Range, Indoor Grill, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringTile

Exterior

Lot Size19,998 sqft

Building Information

Year Built2020
Roof Type112

Land Information

APN185162
Lot Number11R
SubdivisionSouth Hgts
Land UseCommercial
Legal DescriptionSOUTH HGTS BLK 6 LOT 11R, -HOMESITE UNIT D-202- LOCATED ON ROBMO INVESTMENTS LLC PROP- -HOMESITE UNIT D-202- LOCATED ON ROBMO
Census Tract950402
Assessed Land Value$37,010
Assessed Improvement Value$302,990
Assessment Year2025

About this property

Welcome to this charming Hill Country condo offering the perfect combination of comfort convenience and investment potential. This property boasts high ceilings, tile, flooring, a well equipped kitchen and a thoughtfully designed living space. The private outdoor patio provides a great spot to relax with morning coffee, unwind after a day in town or enjoy an evening under the Texas sky. This property is located within walking distance of the historic downtown Fredericksburg shopping and dining and all the attractions that make the Hill Country such a popular destination. It is currently marketed as a short term rental and the permit to do so will be conveyed. All furnishings will be conveyed. Schedule your showing today!

Investor Tools

$297,671Estimated Mortgage Balance
$42,329Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

Interested in this property?

Deanna Kirksey

Jane Byrd Properties International LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$496/month
$2,050/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,258
$340,000
2025
$37,010
$302,990
$340,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,258
$340,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$315,000
No
First
Aug 28, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,671
$42,329
12%
88%
$1,889/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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