207 E Walnut St Fredericksburg, TX 78624
Estimated payment $4,142/month
Highlights
- Wood Flooring
- Patio
- Ceiling Fan
- No HOA
- Central Air
- High Speed Internet
About This Home
Discover the delightful Walnut Street Guest House with a short term rental permit, affectionately known as "The Pink Palace." This unique pink brick Mid-Century modern home was built in 1956 and is situated on a large .40 acre corner lot, adorned with a magnificent oak tree. The house is 1602 sqft with 3 bedrooms and 2 baths and is operating as a short term rental property with a transferable permit. This trending neighborhood was originally developed with a surge of homes in the 1950s, just up the street from the HEB and the historic Old Peanut Factory. The owners have meticulously updated and maintained the home blending modern conveniences with its original 1950s charm - new tile, granite countertops, updated lighting, updated bathrooms and new water lines throughout and stainless steel appliances in the kitchen. The house has a perfect flow where the kitchen, dedicated dining area, laundry and lovely outdoor back patio are all on the west side and the bedrooms are on the east side. There is abundant off-street parking and you are just blocks away from vibrant downtown Fredericksburg that offers shopping, restaurants, wine tasting rooms, The Nimitz & Pacific War Museums, and Marktplatz. Additionally daily conveniences such as Methodist hospital, HEB shopping, both private & public schools and local amenities including the Fredericksburg Racquet Centre - 10 acre site with 8 tennis courts, 8 pickle ball courts and walking trails (phase one completion in May 2027) are all easily accessible. THE OWNER WILL CONSIDER A LONG TERM LEASE OPTION - call agent for more details.
Listing Agent
Portfolio Real Estate - KW Brokerage Phone: 8309976041 License #TREC# 0674578 Listed on: 02/05/2026
Co-Listing Agent
Portfolio Real Estate - KW Brokerage Phone: 8309976041 License #TREC# 0671660
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,551
Year Built
- Built in 1956
Lot Details
- 17,424 Sq Ft Lot
- Level Lot
- Property is zoned R-2
Parking
- Carport
Home Design
- Brick Exterior Construction
- Slab Foundation
- Metal Roof
Interior Spaces
- 1,602 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Window Treatments
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
Utilities
- Central Air
- Heating Available
- Well
- Gas Water Heater
- High Speed Internet
Community Details
- No Home Owners Association
- Henry Maier Subdivision
Map
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 | $6,438 | $514,230 | $259,700 | $254,530 |
| 2024 | $6,438 | $514,230 | $259,700 | $254,530 |
| 2023 | $6,300 | $514,230 | $259,700 | $254,530 |
| 2022 | $6,466 | $432,680 | $176,010 | $256,670 |
| 2021 | $5,339 | $316,490 | $102,360 | $214,130 |
| 2020 | $4,518 | $262,320 | $90,950 | $171,370 |
| 2019 | $3,962 | $221,720 | $90,950 | $130,770 |
| 2018 | $3,417 | $192,080 | $80,050 | $112,030 |
| 2017 | $3,352 | $183,320 | $76,250 | $107,070 |
| 2016 | $3,233 | $176,820 | $76,250 | $100,570 |
| 2015 | -- | $160,210 | $63,450 | $96,760 |
| 2014 | -- | $138,260 | $41,500 | $96,760 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/05/2026 02/05/26 | For Sale | $683,000 | -- | $426 / Sq Ft |
Source: Central Hill Country Board of REALTORS®
MLS Number: 101657
APN: 24623
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Ask me questions while you tour the home.