Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days334Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$1,750,000

509 W Austin St, Fredericksburg, TX, 78624

On MarketInfo
Beds4 Beds
Baths3,368 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$519.6 / sqft
Year BuiltBuilt in 1916

Property Lead Type:

Off-Market ListMust-SellDeal ListAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 3Bathrooms Half 3
Garage AvailableGarage Available
AppliancesCooktop, Dishwasher, Refrigerator, Microwave, Oven, Disposal
FlooringCarpet, Wood

Exterior

Lot Size20,491 sqft

Building Information

Year Built1916
Roof Type112
Garage Spaces1

Land Information

APN22842
Lot Number118,119
SubdivisionFbg Addn
Land UseResidential
Legal DescriptionFBG ADDN BLK 16 LOT 118-PT & 119-PT
Census Tract950302
Assessed Land Value$377,050
Assessed Improvement Value$468,360
Assessment Year2025

About this property

The Wahrmund House Circa 1916 Some homes tell the story of Fredericksburg. Others helped create it. Built in 1916 for the prominent Wahrmund family-one of Fredericksburg's founding families whose name remains woven into the town's history-The Wahrmund House is a beautifully restored legacy residence just one block from Main Street. Set on nearly half an acre beneath mature shade trees, this distinguished home blends timeless architecture with refined modern living. Original longleaf pine floors, soaring ceilings, handcrafted millwork, and gracious living spaces reflect the craftsmanship of another era, while thoughtful renovations introduce the comfort and luxury expected today. The beautifully appointed kitchen pairs custom cabinetry with premium appliances and timeless finishes, complementing the home's historic character without competing with it. Pressed-tin ceilings from the early 1900s crown the gracious living and dining rooms, adding timeless character and craftsmanship. Privately tucked away, the generously proportioned primary suite is a study in understated luxury, complete with natural sisal flooring, a spa-like bath that opens to green space, an exceptional walk-in dressing room, and an elegant coffee and beverage center. Inviting porches, and expansive lawns create a home equally suited for intimate weekends or memorable gatherings with family and friends. Whether enjoying coffee on the front porch, entertaining after an afternoon exploring Fredericksburg's wineries, or strolling to dinner along Main Street, The Wahrmund House offers something increasingly rare-an opportunity to become the next steward of one of Fredericksburg's enduring historic homes.

Investor Tools

Property Icon
$1,930,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,930,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,580 /month
Positive
Cash Flow Estimate:
$3,860 /month

Interested in this property?

Adrianne Frost

Phyllis Browning Company

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,717/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,959
$845,410
2025
$377,050
$468,360
$845,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,959
$845,410

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,978,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

509 W Austin St | Property Details | No Agent List