114 Fleury Way, Fredericksburg, TX 78624
114 Fleury Way, Fredericksburg, TX 78624
114 Fleury Way, Fredericksburg, TX 78624
114 Fleury Way, Fredericksburg, TX 78624
114 Fleury Way, Fredericksburg, TX 78624
114 Fleury Way, Fredericksburg, TX 78624
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Caroline Hartmann

Caroline Hartmann

+1(830) 307-8288
$ 1,800,000
Est. payment | /mo

11.1 Acres Lot

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$ 1,800,000
Est. payment | /mo
Save Virtual Tour

11.1 Acres Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 105405

Year Built 1996

Annual Tax Amount $21,168

Tax Year 21168

Lot Size 11.100 Acres

Property Sub-Type Commercial

Property Description

Situated on approximately 11.10 acres just north of Fredericksburg, this established income-producing property offers a rare opportunity to acquire a multi-residence investment in the Texas Hill Country. Located approximately 7 miles, or an 11-minute drive, from downtown, the property combines a convenient location with a private, rural setting. The property is currently fully occupied, providing an established rental operation with the potential for continued long-term income. The property includes 11 residential units, with improvements constructed primarily in 1995, 1996, and 2011. The residences are arranged along Fleury Way and Collard Drive, creating a small residential community with a mix of homes and additional living accommodations. Mature trees, open areas, and outdoor improvements contribute to the property's Hill Country setting. A grandfathered water well, reportedly producing approximately 75–100 gallons per minute, serves as an important utility feature for the property. With its existing tenant base, multiple residences, and close proximity to Fredericksburg, this property presents an attractive opportunity for investors seeking a diversified residential rental asset. The combination of acreage, established improvements, and income-producing use offers flexibility for continued operation and future investment planning, subject to applicable regulations and property restrictions.

Location

State TX

County Gillespie

Area County-Northeast

Zoning None

Interior

Heating Electric, Central, Other

Cooling Central Air, Electric, Ductless, Window Unit(s)

Exterior

Parking Features See Remarks

Fence Wood, Barbed Wire, Partial

Utilities Available Water Connected, Sewer Connected, Electricity Connected

Roof Type Composition,Metal

Building

Lot Description County, Other-See Remarks, Few Trees

Sewer Septic Tank, Shared Septic

Water Well, Private

Schools

Elementary Schools Fredericksburg

Middle Schools Fredericksburg

High Schools Fredericksburg

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://tour.usamls.net/114-Fleury-Way-Fredericksburg-TX-78624/unbranded

Listed by Fredericksburg Realty
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114 Fleury Way