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Listed price in listed location currency (USD).
$1,800,000

000

MLS® 105405

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $21,169
Days Active 1
Lot Size 11.1 Acres
Approx. Age 1996
MLS® Number 105405

Property Address: 114 Fleury Way, Fredericksburg, TX, 78624-7885

Average square foot calculated using Size range provided by listing agent.

Description

Situated on approximately 11.10 acres just north of Fredericksburg, this established income-producing property offers a rare opportunity to acquire a multi-residence investment in the Texas Hill Country. Located approximately 7 miles, or an 11-minute drive, from downtown, the property combines a convenient location with a private, rural setting. The property is currently fully occupied, providing an established rental operation with the potential for continued long-term income. The property includes 11 residential units, with improvements constructed primarily in 1995, 1996, and 2011. The residences are arranged along Fleury Way and Collard Drive, creating a small residential community with a mix of homes and additional living accommodations. Mature trees, open areas, and outdoor improvements contribute to the property's Hill Country setting. A grandfathered water well, reportedly producing approximately 75–100 gallons per minute, serves as an important utility feature for the property. With its existing tenant base, multiple residences, and close proximity to Fredericksburg, this property presents an attractive opportunity for investors seeking a diversified residential rental asset. The combination of acreage, established improvements, and income-producing use offers flexibility for continued operation and future investment planning, subject to applicable regulations and property restrictions.
MLS® Number105405
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1996
Basement
DrivewaySee Remarks
Garage Spaces
HeatElectric, Central, Other
A/CCentral Air, Electric, Ductless, Window Unit(s)

Extras

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