NOT LISTED FOR SALE

506 E Ufer St Fredericksburg, TX 78624

Estimated Value: $480,500

0.86 Acre
$558,721 Price per Acre
37,462 Sq Ft Lot

Last Sold January 30, 2020

Current estimated payment $3,094/month

18 Days on Market

Highlights

  • No HOA
  • Level Lot
  • Storage Shed

About This Lot

As of January 2020

Amazing opportunity to own a large lot (almost an acre) just 2 blocks from Main Street in Fredericksburg! R2 zoning allows for many different configurations including 8 cabins, 4 duplex's, or 2 fourplex's etc. (see City of Fredericksburg zoning regulations). This lot is not on a through street, so traffic is limited. Wether looking for a large lot for your main residence, a get away cabin, or for use as an investment property, this is the one! City utilities are available. Drive by and imagine the possibiltiies!

Last Agent to Sell the Property

Catherine Jeffrey

eXp Realty-Absolute Charm Real Estate Group License #TREC# 0580798 Listed on: 12/11/2019

eXp Realty-Absolute Charm Real Estate Group

Last Buyer's Agent

Brittney Horton

Portfolio Real Estate - KW License #TREC# 0671660

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,308

Lot Details

  • Chain Link Fence
  • Level Lot
  • Property is zoned R-2

Utilities

  • Well

Community Details

Overview

  • No Home Owners Association
  • Langerhans Subdivision

Recreation

  • Storage Shed

Property Details

Property Type

Land

Est. Annual Taxes

$3,308

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: City Lots
  • Road Frontage Type: City Street
  • Subdivision Name: Langerhans
  • Directions: From Main Street, turn south on Elk St. Follow to Ufer, turn left, property will be on the left at sign.
  • Special Features: None

Interior Features

  • Possible Use: Residential, Investment

Exterior Features

  • Topography: Level
  • Fencing: Chain Link
  • Lot Features: Other-See Remarks, < 1 Acre
  • View: No
  • Other Structures: Storage

Utilities

  • Utilities: Natural Gas Available, Sewer Available
  • Electric: City Electric-On Property
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Fredericksburg

Lot Info

  • Zoning: R-2
  • Current Use: Multi-Family Residential, City

Tax Info

  • Tax Annual Amount: 3308.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2021
Sold by
Wing Keith Eugene and Wing Amy
Bought by
Wing Capital Investments Llc
Current Estimated Value
$480,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,281,043
Outstanding Balance
$1,153,571
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 11, 2019
Closed on
Jan 29, 2020
Sold by
Klier Gary L and Klier Brenda J
Bought by
Wing Keith
Seller's Agent
Catherine Jeffrey
eXp Realty-Absolute Charm Real Estate Group
Buyer's Agent
Brittney Horton
Portfolio Real Estate - KW
List Price
$449,000
Source: Public Records

Range of Values:

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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
Wing Capital Investments Llc -- Providence Title Company
Wing Keith -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wing Capital Investments Llc $1,281,043
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2020 01/30/20 Sold -- -- --
12/31/2019 12/31/19 Pending -- -- --
12/12/2019 12/12/19 For Sale $449,000 -- --
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
2024 $21,943 $1,759,690 $405,330 $1,354,360
2023 $21,557 $1,759,690 $405,330 $1,354,360
2022 $12,874 $861,400 $316,920 $544,480
2021 $4,225 $250,480 $227,880 $22,600
2020 $3,400 $197,390 $177,610 $19,780
2019 $3,432 $192,080 $172,300 $19,780
2018 $2,855 $160,490 $143,150 $17,340
2017 $2,850 $155,900 $138,880 $17,020
2016 $2,815 $153,950 $137,460 $16,490
2015 -- $172,910 $156,420 $16,490
2014 -- $133,820 $117,330 $16,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Hill Country Board of REALTORS®

MLS Number: 79091

Central Hill Country Board of REALTORS®

APN: 20207