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
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$2,999,999

620 E San Antonio ST, Fredericksburg, TX, 78624

On MarketInfo
Just AddedInfo
CommercialInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size2.52 acres

Land Information

APN24340
Lot Number342
SubdivisionFbg Addn
Land UseVacant Land
Legal DescriptionFBG ADDN BLK 63 LOT 342-PT & UNBRD SE OF LOTS 342 & 205, 2.52
Census Tract950402
Assessed Land Value$867,730
Assessment Year2025

About this property

Premier commercial development opportunity! Positioned just off East Main Street in Fredericksburg, this 2.52 acre C-2 commercial tract combines prominent visibility along E Main St./US Highway 290, access from E San Antonio St., and frontage along Barons Creek. The property offers a large, open and remarkably level development area supported by substantial site improvements already in place. A major feature of the property is its extensive engineered retaining-wall system along the creek-side perimeter, creating a defined transition between the elevated development area and Barons Creek below. Significant previous site preparation and engineering include grading, drainage and retaining-wall construction, providing valuable groundwork for a future owner evaluating development. Rather than beginning with a completely unimproved tract, the site offers the benefit of substantial existing improvements and a broad, level area well-positioned for future development. C-2 zoning provides flexibility for potential hospitality, restaurant, retail, professional or medical office, multifamily residential and other commercial uses, subject to applicable City requirements and approvals. Portions of the property are within the floodplain and subject to existing easements. With its level usable acreage, substantial previous site work, commercial zoning, E Main St visibility and the distinctive character of Barons Creek frontage, the property presents a unique development opportunity in Fredericksburg.

Investor Tools

$0Estimated Mortgage Balance
$867,730Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$18,000 /month
Positive
Cash Flow Estimate:
$6,000 /month

Interested in this property?

Justin Cop

Fredericksburg Realty

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,267/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,863
$867,730
2025
$867,730
N/A
$867,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,863
$867,730

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$867,730
100%
0%
$0/mo

City: Fredericksburg

620 E San Antonio ST | Property Details | No Agent List