NOT LISTED FOR SALE

1440 N Us Highway 87 Fredericksburg, TX 78624

Estimated Value: $645,000 - $1,788,000

3 Beds
2 Baths
2,963 Sq Ft
$403/Sq Ft Est. Value

Last Sold August 19, 2020

Current estimated payment $7,689/month

97 Days on Market

Highlights

  • Guest House
  • Maid or Guest Quarters
  • Outdoor Fireplace
  • Outdoor Pool
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of August 2020

MULTIPLE OPPORTUNITIES EXIST - SUPERBLY located property on town's edge, yet offering a private, country atmosphere on 3.58 acres. Family residence with abundant guest quarters. Entertainment areas both out & in (kitchen pizza oven/grill, gorgeous long patio, exquisite surrounds & in-ground spa pool. Potential restaurant (previous home to Bonterra) tasting room, bar & varied dining options plus land for small vineyard. Potential private spa with 2 guest houses, massage/treatment rooms & chance for additional suites. Proforma of investment potential/cap rate available for prospective buyers.

Last Agent to Sell the Property

Anna Wynne-Smith

Portfolio Real Estate - KW License #TREC# 0674578 Listed on: 04/03/2020

Co-Listed By

Brittney Horton

Portfolio Real Estate - KW License #TREC# 0671660

Last Buyer's Agent

Melissa Staudt

Reata Ranch Realty, LLC License #0701210

Reata Ranch Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,803

Year Built

  • Built in 1931

Lot Details

  • 3.58 Acre Lot
  • Privacy Fence
  • Property is zoned ETJ

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Open Parking

Home Design

  • Country Style Home
  • Brick Exterior Construction
  • Combination Foundation
  • Metal Roof
  • Stone

Interior Spaces

  • 2,963 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Double Pane Windows
  • Storage
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Pool
  • Patio
  • Outdoor Fireplace

Additional Homes

  • Guest House

Utilities

  • Central Air
  • Heating Available
  • Well
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Bierschwale Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,803

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence,Residential
  • Lot Size Acres: 3.58
  • Road Frontage Type: Highway
  • Co List Office Mls Id: 1462
  • Co List Office Phone: 830-997-6041
  • Subdivision Name: Bierschwale
  • Directions: 290 WEST TO US HW 87, PAST POST OFFICE, PROPERTY ON RIGHT
  • Architectural Style: Hill Country Style
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1931
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Other, Refrigerator, Dishwasher, Disposal, Range
  • Flooring: Wood, Tile
  • Interior Amenities: High Speed Internet, Guest Quarters, Storage Building, High Ceilings, Other, Storage, Ceiling Fan(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Masonry, Other, Wood Burning Stove, Outside
  • Fireplace: Yes
  • Living Area: 2963
  • Window Features: Double Pane Windows

Exterior Features

  • Topography: Level,Wooded
  • Roof: Metal
  • Fencing: Privacy
  • Lot Features: Outside City(w/Acrg), 1-5 Acres
  • Pool Features: Swimming Pool
  • Waterfront Features: None
  • Exclusions: See Agent remarks
  • Home Warranty: No
  • Construction Type: Stone, Brick
  • Foundation Details: Combination
  • Other Structures: Guest House
  • Patio And Porch Features: Deck/Patio

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Detached Carport, Garage, 2 Car, Detached, 1 Car, Concrete, Asphalt
  • Total Parking Spaces: 3

Utilities

  • Heating: Natural Gas, Central
  • Sewer: Septic Tank
  • Laundry Features: Washer-Dryer Connection
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Electric-City
  • Electricity On Property: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Fredericksburg

Lot Info

  • Zoning: ETJ
  • Lot Size Sq Ft: 155944.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12803

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2020
Closed on
Aug 17, 2020
Sold by
Heemer Sheila Jane and Mistich Douglas Blake
Bought by
Noble William
Seller's Agent
Anna Wynne-Smith
Portfolio Real Estate - KW
Buyer's Agent
Melissa Staudt
Reata Ranch Realty, LLC
List Price
$1,595,000
Current Estimated Value
$1,193,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2014
Sold by
Mulder Alan L and Mulder Elizabeth A
Bought by
Tk14 Ranch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,167,000
Interest Rate
4.44%

Purchase Details

Closed on
Jul 9, 2010
Sold by
Howard Steve A
Bought by
Mistich Sheila J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Noble William -- Select Title Llc
Tk14 Ranch Llc -- None Available
Mistich Sheila J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Noble William $1,150,000
Previous Owner Tk14 Ranch Llc $1,167,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2020 08/19/20 Sold -- -- --
07/10/2020 07/10/20 Pending -- -- --
04/03/2020 04/03/20 For Sale $1,595,000 -- $538 / Sq Ft
Source: Central Hill Country Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,622 $1,588,270 $292,930 $1,295,340
2024 $16,622 $1,591,020 $292,930 $1,298,090
2023 $16,863 $1,591,020 $292,930 $1,298,090
2022 $22,669 $1,745,530 $201,410 $1,544,120
2021 $16,104 $1,098,450 $161,540 $936,910
2020 $13,736 $918,720 $172,750 $745,970
2019 $13,650 $874,300 $161,730 $712,570
2018 $12,639 $813,640 $127,160 $686,480
2017 $12,886 $811,240 $127,160 $684,080
2016 $17,801 $1,120,690 $118,690 $1,002,000
2015 -- $791,720 $118,690 $673,030
2014 -- $515,770 $94,950 $420,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Hill Country Board of REALTORS®

MLS Number: 79718

Central Hill Country Board of REALTORS®

APN: 33083