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
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$719,000

NAL Estimated Property Value

605 E Austin ST, Fredericksburg, TX, 78624

$934,700 ARVInfo
Off MarketInfo
Baths0 Bath
Baths5,981 Sq Ft
QuadruplexQuadruplex
price_per_sqft$317.67 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer, Electric Water Heater
FlooringLaminate, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size12,523 sqft

Building Information

Year Built2019
Roof Type112

Land Information

APN188108
Lot Number14R
SubdivisionGardens Of Barons Creek
Land UseCommercial
Legal DescriptionGARDENS OF BARONS CREEK LOT 14R-PT, .2875
Census Tract950401
Assessed Land Value$82,660
Assessed Improvement Value$636,340
Assessment Year2025

About this property

Fredericksburg chic! Fabulous 1.15 acre property provides a unique opportunity for owner occupant or investor/builder. Located on Main/290 close to everything. 4 existing homes + site/architectural plans for 6 more homes. 2 homes are traditional Fredericksburg Sunday homes built 1997; 2 are recently completed modern farmhouse style townhomes w/ high-end finish-out & private pools & hot tubs. Owner/architect currently occupies Unit C. Units A, B & D are B&B rentals. Zoned C2&R2. Units A&B not on GCAD yet.FEMA - Unknown Restrictions: Yes

Investor Tools

Property Icon
$719,000
Estimated Property Value
$0Estimated Mortgage Balance
$719,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$934,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,400 /month
Positive
Cash Flow Estimate:
$3,800 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,050/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,001
$719,000
2025
$82,660
$636,340
$719,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,001
$719,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$719,000
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...

605 E Austin ST | Property Details | No Agent List