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$575,000

NAL Estimated Property Value

506 Shaw Ave, Fredericksburg, TX, 78624

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,475 Sq Ft
price_per_sqft$389.83 / sqft
Year BuiltBuilt in 1936

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Gas Range, Microwave, Refrigerator, Water Softener Owned, Stainless Steel Appliances, Washer
FlooringTile, Wood

Exterior

Exterior FeaturesPrivate Yard, See Remarks
Lot Size43,516 sqft

Building Information

Year Built1936
Roof Type112
Garage Spaces2

Land Information

APN26777
Lot NumberUNMBR
SubdivisionG E Co #95
Land UseCommercial
Legal DescriptionG E CO #95 LOT UNMBR, 0.999, UNMBR NORTH OF GE0095 -B&B- UNMBR NORTH OF GE0095 -B&B-
Census Tract950301
Assessed Land Value$176,850
Assessed Improvement Value$229,730
Assessment Year2025

About this property

Charming Fredericksburg Farmhouse on Quiet Dead-End Street 1936 farmhouse completely renovated in 2016 with 3 BR / 2 BA main house tucked away on a peaceful dead-end street just 1 mile from Main Street. Surrounded by mature trees on 1 acre of land, this home offers rare privacy along a dry creek where deer pass through the yard daily. Inside greets you with a grand family room and open kitchen with vaulted cedar ceiling, blending country charm with modern details. Outside, enjoy evenings gathered around the firepit under the stars. The large fenced yard, well house/toy room, and detached two-car garage/workshop provide room to expand or convert into a guest suite or income-producing rental (eligible for owner-occupied short-term rental permit). Quiet location close to schools, shops, and wineries — a true Fredericksburg gem! Owner occupants can access a 5.825% loan option. Call to schedule a visit today.

Investor Tools

Property Icon
$562,000
Estimated Property Value
$327,679Estimated Mortgage Balance
$235,394Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$717/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,796
$406,580
2025
$176,850
$229,730
$406,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,796
$406,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swift Home Loans Inc
Conventional
$341,000
No
First
Feb 28, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$327,679
$241,321
42%
58%
$2,045/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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506 Shaw Ave | Property Details | No Agent List