
$2,952,092
NAL Estimated Property Value605 N Washington St, Fredericksburg, TX, 78624
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About this property
The finest Fredericksburg has to offer. Ready for the most discriminating buyer. Stunning 4,072 SF, 3-bedroom, 3-bath, estate home reminiscent of European country estates. 12’ ceilings throughout. 0.65 acre corner lot. Complete privacy with walled and gated manicured grounds. Soaring trees. Waterfall pool and lovely guest house. 3-car garage. 42 Walk Score. 0.5 MI to Main ST. Not in flood zones. Investment Profile: HouseCanary projects 5.5% increase in property value in next 12 months and 12.7% in next 36 months. In Northeast Fredericksburg, the fastest growing Fredericksburg area. Compared to Fredericksburg, Northeast Fredericksburg has: 27% higher population growth, 13% higher $100K household incomes, 41% higher $500K net worth households, 69% higher adults with at least a graduate degree. The average household net worth in Northeast Fredericksburg is $1.4M vs. $980K across Fredericksburg.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Fredericksburg
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