NOT LISTED FOR SALE

506 N Adams St Fredericksburg, TX 78624

Estimated Value: $726,002

3 Beds
2 Baths
1,907 Sq Ft
$381/Sq Ft Est. Value

Last Sold February 16, 2024

Current estimated payment $4,758/month

131 Days on Market

Highlights

  • Guest House
  • Maid or Guest Quarters
  • High Ceiling
  • The property is located in a historic district
  • Wood Flooring
  • No HOA

About This Home

As of February 2024

Rare Investment offering of a 2 unit Main House and Guest House in the coveted Historic District of Fredericksburg. The Main House features 3 bedrooms and 2 baths, seamlessly blending period charm with modern updates. Wood floors and beautiful details throughout. Nestled on the same property, the Guest House offers a private escape with 2 bedrooms and 2 bathrooms with a fully equipped kitchenette. Located in the residential heart of the Historic District, this STR is being sold turnkey, and bookings convey. Your opportunity to own a piece of Fredericksburg's history awaits!

Last Agent to Sell the Property

jill tabor

Portfolio Real Estate - KW Brokerage Email: 8304568115, jill@jilltabor.com License #0562308 Listed on: 09/27/2023

Last Buyer's Agent

Clayton Sears

Real Estate Advisory Team, LLC License #0740990

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,390

Year Built

  • Built in 1921

Lot Details

  • 9,278 Sq Ft Lot
  • Privacy Fence
  • Level Lot
  • Sprinkler System
  • Property is zoned R-2

Parking

  • 1 Car Attached Garage

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,907 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Window Treatments
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Well
  • Gas Water Heater
  • Water Softener

Additional Features

  • Guest House
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Close In Place Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,390

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Attribution Contact: 8304568115, jill@jilltabor.com
  • Prop. Type: Residential
  • Property Sub Type: Residential
  • Lot Size Acres: 0.213
  • Road Frontage Type: City Street
  • Subdivision Name: Close-in-Place
  • Directions: Head north on Adams St from Main St., and house will be on your left.
  • Architectural Style: Early Fbg
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1921
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater, Dishwasher, Disposal, Microwave, Range, Refrigerator, Water Softener
  • Flooring: Wood
  • Interior Amenities: Guest Quarters, Storage Building, High Ceilings, Storage, Walk-In Closet(s)
  • Other Equipment: Sprinkler System-Lawn
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1907
  • Window Features: Window Treatments

Exterior Features

  • Topography: Level
  • Roof: Metal
  • Fencing: Privacy
  • Lot Features: Historic District, Sprinkler System-Lawn, In City Limits, City Lot
  • Waterfront Features: None
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Other Structures: Guest House

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage, Attached, 1 Car
  • Total Parking Spaces: 1

Utilities

  • Heating: Natural Gas, Central
  • Sewer: Public Sewer
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Electric-City
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Fredericksburg

Lot Info

  • Zoning: R-2
  • Lot Size Sq Ft: 9278.28
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 12390

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Feb 16, 2024
Sold by
Five Cardinals Llc
Bought by
Rock Solid Residential Llc
Seller's Agent
jill tabor
Portfolio Real Estate - KW
Buyer's Agent
Clayton Sears
Real Estate Advisory Team, LLC
List Price
$1,830,000
Views
30
Current Estimated Value
$726,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-33.00%
Original Mortgage
$500,000
Outstanding Balance
$491,180
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$234,822

Purchase Details

Listed on
Apr 19, 2018
Closed on
May 17, 2018
Sold by
Bierschwale Credit And Lending Co
Bought by
Five Cardinals Llc
Seller's Agent
Mimi Bartel
CENTURY 21 The Hills Realty
List Price
$795,000
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
Rock Solid Residential Llc -- Select Title
Five Cardinals Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rock Solid Residential Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2024 02/16/24 Sold -- -- --
02/06/2024 02/06/24 Pending -- -- --
11/10/2023 11/10/23 Price Changed $1,756,800 -4.0% $921 / Sq Ft
09/27/2023 09/27/23 For Sale $1,830,000 +130.2% $960 / Sq Ft
07/08/2018 07/08/18 Off Market -- -- --
05/17/2018 05/17/18 Sold -- -- -- View Prior Sale
04/24/2018 04/24/18 For Sale $795,000 +32.5% $417 / Sq Ft
01/25/2018 01/25/18 Sold -- -- -- View Prior Sale
12/26/2017 12/26/17 Pending -- -- --
10/31/2017 10/31/17 Sold -- -- -- View Prior Sale
10/31/2017 10/31/17 Sold -- -- -- View Prior Sale
10/01/2017 10/01/17 Pending -- -- --
10/01/2017 10/01/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $600,000 +33.3% $315 / Sq Ft
06/09/2017 06/09/17 For Sale $450,000 -28.0% $236 / Sq Ft
06/09/2017 06/09/17 For Sale $625,000 -- $328 / 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 $11,085 $885,490 $193,270 $692,220
2024 $11,085 $885,490 $193,270 $692,220
2023 $10,848 $885,490 $193,270 $692,220
2022 $12,390 $829,050 $137,600 $691,450
2021 $12,260 $726,800 $109,580 $617,220
2020 $11,576 $672,120 $80,440 $591,680
2019 $12,033 $673,460 $80,430 $593,030
2018 $4,811 $270,440 $41,130 $229,310
2017 $4,038 $247,150 $41,130 $206,020
2016 $3,671 $200,790 $39,870 $160,920
2015 -- $289,250 $64,960 $224,290
2014 -- $273,690 $50,640 $223,050
Source: Public Records

Agents Affiliated with this Home

  • j

    Seller's Agent in 2024

    jill tabor

    Portfolio Real Estate - KW

    (830) 456-8115

    96 Total Sales

    jill tabor
    Section Image
  • Clayton Sears

    Buyer's Agent in 2024

    Clayton Sears

    Real Estate Advisory Team, LLC

    (830) 430-9891

    68 Total Sales

    Clayton Sears
    Section Image
  • Mimi Bartel

    Seller's Agent in 2018

    Mimi Bartel

    CENTURY 21 The Hills Realty

    (210) 827-9580

    222 Total Sales

    Mimi Bartel
    Section Image

  • C

    Seller's Agent in 2018

    Cynthia Maple

    CENTURY 21 The Hills Realty

  • M

    Buyer's Agent in 2018

    Mildred Bartel

    Century 21 Sunset, Realtors

  • C

    Seller's Agent in 2017

    Cindy Maple

    C21 The Hills Realty Fburg

See All Agents

Map

Source: Central Hill Country Board of REALTORS®

MLS Number: 89356

Central Hill Country Board of REALTORS®

APN: 28833

Texas Gillespie County Fredericksburg 78624

506 N Adams St, Fredericksburg, TX

Not Listed for Sale

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