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$413,020

NAL Estimated Property Value

510 Mueller ST, Fredericksburg, TX, 78624

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,760 Sq Ft
price_per_sqft$283.52 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
FlooringLaminate, Wood

Exterior

Lot Size2,069 sqft

Building Information

Year Built2014
Roof Type115
Garage Spaces1

Land Information

APN106104
Lot Number13
SubdivisionCarriage Park
Land UseCommercial
Legal DescriptionCARRIAGE PARK LOT 13, & 2.77% INT IN COMMON AREA- & 2.77% INT IN COMMON AREA-
Census Tract950402
Assessed Land Value$51,000
Assessed Improvement Value$362,020
Assessment Year2025

About this property

Successful and affordable short-term rental that sleeps 8. Built in 2012, this 3-bedroom, 2.5-bath home offers 1,619 sq. ft. of thoughtfully designed living space, making it equally perfect as a full-time residence, weekend retreat, or a proven short-term rental. From the moment you arrive, the home’s curb appeal stands out with its striking blue board-and-batten siding, stone accents, covered front porch, and landscaped entry. A fenced backyard offers both privacy and a cozy retreat, complete with a small covered back porch and patio—perfect for relaxing evenings or morning coffee without the hassle of yard maintenance. Inside, the open-concept floor plan welcomes you with high ceilings, abundant natural light, and tasteful finishes throughout. The spacious living and dining areas flow seamlessly into the stylish kitchen, complemented by a cozy breakfast nook and convenient laundry room. Upstairs, the primary suite features a walk-in closet and private bath, while two additional bedrooms share a well-appointed bathroom. This property is truly turnkey, conveying with furniture, décor, washer/dryer, refrigerator, TVs, and more—ready to host guests immediately. With an impressive rental history, consistent high occupancy rates, and glowing guest reviews, it stands out as one of the more successful short-term rentals in Fredericksburg. Its central location 2 minutes to the heart of Main Street, wineries, and Hill Country attractions ensures strong demand and repeat bookings year-round. Whether you’re looking for a personal retreat or a high-performing investment, this condo delivers charm, convenience, and income potential in one package.

Investor Tools

Property Icon
$413,020
Estimated Property Value
$167,929Estimated Mortgage Balance
$245,091Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
$877/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,171
$413,020
2025
$51,000
$362,020
$413,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,171
$413,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Athas Capital Group Inc
Commercial
$187,500
No
First
Oct 16, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,929
$245,091
59%
41%
$1,125/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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510 Mueller ST | Property Details | No Agent List