$999,000
 $5,363 est/mo Sourced by Back At You

959 S Eagle St,Fredericksburg, TX 78624

Fredericksburg, TX 78624

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Description

INVESTORS: DEVELOPERS: ENTREPRENEURS: VISIONARIES-This one deserves a closer look! Rarely does an opportunity come along that offers 4.1 acres, an exceptional location just outside the Fredericksburg city limits, ETJ location, no restrictions existing improvements, and multiple potential income producing possibilities-all in one property! This property is being offered as an investment and development opportunity with the potential to create multiple income streams and capitalize on the continued growth and demand in the Fredericksburg area. Located just outside the city limits in the Fredericksburg ETJ, this unrestricted property gives you the flexibility to think outside the box. The possibilities could include multiple rental units, duplexes, apartments, tiny homes, short-term or long- term rentals, B & B or hospitality concepts, retail, or commercial uses, a private venue, or a combination of uses. And here's where the property gets particularly interesting for an investor: You already have income-producing improvements in place. The property features 2 separate homes. The first home offers 3 bedrooms and 2 baths with a full basement, and the other offering 2 bedroom and 2 baths. The large home is on city water and has septic. The small home is on city water and city sewer and there are 2 wells on the property. These homes could potentially be used as long term rentals, guest accommodations, B & B/short-term rental opportunity, owner-occupied space while developing the property, or simply as existing assets while you determine your larger development plan. There is also a large workshop offering additional flexibility for storage, business use, workspace, or other purposes. But the land itself is what makes this opportunity so compelling. Outdoor features add even more character, including a scenic pond with a fishing dock and mature pecan trees, creating an atmosphere that could be incorporated into a hospitality or destination-oriented concept. And then there's the location: Minutes from shopping, the hospital, restaurants, entertainment and everything Fredericksburg has to offer, yet positioned just outside the city limits. The combination of acreage, location, existing improvements and unrestricted status makes this a property where an investor can truly explore the possibilities. This isn't simply a property with 2 houses. Its 4.1 acres of opportunity. Also calling all Trades, Contractors and Business owners! Here's an incredible opportunity to combine your business, your office, your equipment, and your trucks -all in one place! One home could serve as a comfortable office headquarters while the second home could provide employee accommodations, rental potential or another business-related use. There's also a barn for storage, plus plenty of acreage to park work trucks, trailers, equipment, materials, and other business necessities. Imagine the possibilities for a plumbing company, electrical company, HVAC/refrigeration company, construction company, landscaping business, or virtually any trade or service business that needs room to operate.

Details

MLS #104395
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1982
Days On Site116
Listing Provided ByFore Premier Properties | Lauri Tomlinson

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet2,238
Garage2
Story(s)2
ZoningETJ
Acreage4.10
Water FrontYes

Taxes

Property1028

Area Information

StateTX
CountyGillespie
CityFredericksburg
Zip Code78624
AreaCounty Southeast
School DistrictFredericksburg
Elementary SchoolFredericksburg
High SchoolFredericksburg
Listing VS Median (in 78624)
Price:
$999,000
low | high
Med:
$0
On site:
116
low | high
Med:
Sourced by Back At You

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Learn More About This Property

StateTX
CountyGillespie
CityFredericksburg
Zip Code78624
AreaCounty Southeast
School DistrictFredericksburg
Elementary SchoolFredericksburg
High SchoolFredericksburg
Listing VS Median (in 78624)
Price:
$999,000
low | high
Med:
$0
On site:
116
low | high
Med:
Sourced by Back At You
Listing Updated: August 19, 2026 at 1:12:23 PM PDT