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$1,400,000

516 Silver Maple, Fredericksburg, TX, 78624

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,184 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,182.43 / sqft
Year BuiltBuilt in 1941

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
FlooringCarpet, Wood

Exterior

Lot Size10,890 sqft

Building Information

Year Built1941
Roof Type112
Garage Spaces1

Land Information

APN18738
SubdivisionG E Co #95
Land UseResidential
Legal DescriptionG E CO #95 .25, -HOMESITE- -HOMESITE-
Census Tract950301
Assessed Land Value$50,420
Assessed Improvement Value$133,590
Assessment Year2025

About this property

INVESTORS: Where can you find 1.55 acres in the city limits? This R-4 Manufactured Home Residential zoned property known as the Holloway Mobile Home Park is available for the first time ever. Included is a cute Early Fredericksburg style stick-built 3BR/1BA home with 1,184 sq. ft. built in 1941, on a corner lot PLUS 15 manufactured home sites. There is a total of 16 separate City of FBG electric meters, a common city water tap and a common sewer tap. The mobile home park fronts on 3 streets including S. Milam St., Silver Maple St., & W. Walch St. Also included are multiple outbuildings, carports, & a water well. Fourteen manufactured homes belong to the tenants & are not included in the sale. Seller financing may be considered.

Investor Tools

$0Estimated Mortgage Balance
$1,386,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,400 /month
Positive
Cash Flow Estimate:
$2,800 /month

Interested in this property?

Mimi Bartel & Adam Carroll

Fore Premier Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$774/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,354
$184,010
2025
$50,420
$133,590
$184,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,354
$184,010

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,386,000
100%
0%
$0/mo

City: Fredericksburg

516 Silver Maple | Property Details | No Agent List