502 Saint Marys St Back on Market Save Request In-Person Tour Request Virtual Tour
Fredericksburg,TX 78624
Key Details
Property Type Single Family Home
Sub Type Single Residential
Listing Status Back on Market
Purchase Type For Sale
Square Footage 1,914 sqft
Price per Sqft $378
Subdivision Walch Terrace
MLS Listing ID 1697192
Style One Story
Bedrooms 3
Full Baths 2
Construction Status Pre-Owned
Year Built 1941
Annual Tax Amount $4,448
Tax Year 2024
Lot Size 9,583 Sqft
Property Description
Introducing this captivating Fredericksburg residence, ideally situated on a secluded corner lot in the heart of Fredericksburg, TX. Offering privacy from neighbors, this home features a cedar-fenced front yard, a charming storybook facade, and a welcoming front porch that captures sweeping views of the city and the historic Saint Mary's Chapel. Inside, you'll be welcomed by an elegant blend of craftsmanship and character, showcasing hardwood floors, reclaimed wood walls, custom millwork, exposed beams, and distinctive brick accents. The chef's kitchen boasts stainless steel appliances, an oversized gas stove, a farmhouse sink, and a butcher-block island. Three serene bedrooms each feature beautifully tiled baths, including one with a luxurious multi-head rainfall shower. The detached 1-bedroom casita, facing the street with its own address, provides a rare opportunity for privacy and versatility. It has its own parking, entrance, and small front garden, offering the perfect space for guests, a home office, or as a short-term rental. The casita comes with a transferable city permit for STR use, allowing you to capitalize on the growing demand for vacation rentals in Fredericksburg. With the potential to earn around $175 per night, this casita can generate approximately $5,500 per month, whether through Airbnb or other platforms. Together, the main house and casita present an exceptional investment opportunity. The main home is perfect for long-term rental, generating approximately $2,500 per month, while the casita offers lucrative short-term rental potential. Whether through Airbnb or another platform, the combination of both properties can create substantial monthly income, making this a rare opportunity to offset mortgage costs and enjoy consistent cash flow. Located just blocks from Main Street, you'll have easy access to Fredericksburg's vibrant shops, restaurants, and attractions, all nestled in the heart of the Hill Country. This property offers the ideal blend of charm, comfort, and income potential-perfect for investors or anyone seeking a property with substantial financial upside.
Location
State TX
County Gillespie
Area 3100
Rooms
Master Bathroom Main Level 15X12 Shower Only
Master Bedroom Main Level 13X11 Walk-In Closet,Multi-Closets,Ceiling Fan
Bedroom 2 Main Level 13X11
Bedroom 3 Main Level 13X11
Living Room Main Level 15X13
Dining Room Main Level 15X13
Kitchen Main Level 14X11
Interior
Heating Central
Cooling One Central
Flooring Ceramic Tile,Wood
Inclusions Ceiling Fans,Washer Connection,Dryer Connection,Stove/Range,Disposal,Dishwasher,Ice Maker Connection,Vent Fan,Smoke Alarm,Electric Water Heater,City Garbage service
Heat Source Electric
Exterior
Exterior Feature Patio Slab,Privacy Fence,Storage Building/Shed,Mature Trees,Additional Dwelling
Parking Features None/Not Applicable
Pool None
Amenities Available None
Roof Type Metal
Private Pool N
Building
Faces South
Foundation Basement
Sewer City
Water City
Construction Status Pre-Owned
Schools
Elementary Schools Fredericksburg
Middle Schools Fredericksburg
High Schools Fredericksburg
School District Fredericksburg
Others
Miscellaneous None/not applicable
Acceptable Financing Conventional,FHA,VA,TX Vet,Cash,Investors OK
Listing Terms Conventional,FHA,VA,TX Vet,Cash,Investors OK