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$740,470

NAL Estimated Property Value

604 S Creek St, Fredericksburg, TX, 78624

Off MarketInfo
CommercialInfo
Beds4 Beds
Baths2 Bath
Baths2,522 Sq Ft
price_per_sqft$237.51 / sqft
Year BuiltBuilt in 1960

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Free-Standing Electric Range, Refrigerator, Electric Water Heater, Water Heater
FlooringCarpet, Laminate, Wood

Exterior

Exterior FeaturesNone
Lot Size19,593 sqft

Building Information

Year Built1960
Roof Type112
Garage Spaces2

Land Information

APN87144
Lot Number2
SubdivisionClark Subd
Land UseCommercial
Legal DescriptionCLARK SUBD LOT 2
Census Tract950402
Assessed Land Value$316,230
Assessed Improvement Value$424,240
Assessment Year2025

About this property

PRICE DECREASE! This amazing STR property in Fredericksburg has an awesome floor plan with 2522 sq. ft.that includes 4 bedrooms, 2 baths, 2 living, 2 dining and separate laundry room. All the rooms are good size with storage, and the largest bedroom has an additional large sitting room attached. The house sleeps 9 easily. Unique floor plan with one living area, 2 bedrooms, and bath on each end of the house, with separate entrances. Upgraded spacious kitchen with wine refrigerator. Outdoor covered front and back porches. The property sits on almost half an acre with large trees, and is located 1.3 miles to downtown Fredericksburg. 2018 upgrades include HVAC, electrical, flooring, granite in kitchen, blinds, interior and exterior paint. Don't miss the value in this opportunity! Is currently a profitable AirBnb.

Investor Tools

Property Icon
$740,470
Estimated Property Value
$496,826Estimated Mortgage Balance
$244,566Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,443 /month
Positive
Cash Flow Estimate:
$1,481 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,081/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,270
$740,470
2025
$316,230
$424,240
$740,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,270
$740,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$540,000
No
First
Jan 18, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$496,826
$243,644
32%
67%
$3,238/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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604 S Creek St | Property Details | No Agent List