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514 W Austin St 2,279 SF Specialty Building Offered at $1,400,000 at a 5% Cap Rate in Fredericksburg, TX 78624
INVESTMENT HIGHLIGHTS
- One block from Historic Main Street!
- R-2 Zoned
- 3 B&B units
EXECUTIVE SUMMARY
The Historic Durst Haus presents a rare investment opportunity in the heart of Fredericksburg, TX—a beautifully maintained B&B complex featuring 3 fully permitted STR units within the city’s beloved Historic District. Just blocks from Main Street, this property offers guests the perfect blend of charm, comfort, and walkable convenience.
The Main Haus, dating back to 1904, is a lovingly restored 2-bedroom, 2-bath home that retains its historic character while boasting modern updates. Guests enjoy a spacious living room, a fully appointed kitchen, and inviting front and back screened porches—ideal for relaxing with a glass of wine on warm Texas evenings.
The Durst Log Cabin offers a cozy and rustic 1-bedroom, 1-bath retreat with a kitchenette, perfect for guests seeking a unique Hill Country stay.
The Durst Studio Suite is a charming 1-bedroom, 1-bath space with a kitchenette, making it an ideal getaway for couples or solo travelers.
Each unit features its own private outdoor space for enjoying quiet mornings or taking in Fredericksburg’s unforgettable sunsets.
Whether you’re looking to expand your STR portfolio or step into one of the most sought-after rental markets in Texas, the Historic Durst Haus is a turnkey property ready to welcome guests year-round.
Permit #8056001905 – Main house at Durst Haus – 8 occupancy – 2 bedroom.
Permit #8056001903 – Studio at Durst Haus – 2 occupancy – 1 bedroom.
Permit #8056001904 – Cabin at Durst Haus – 2 occupancy – 1 bedroom
?? More Information: https://www.adamccarroll.com/listings/514-w-austin-st-fredericksburg-tx/
The Main Haus, dating back to 1904, is a lovingly restored 2-bedroom, 2-bath home that retains its historic character while boasting modern updates. Guests enjoy a spacious living room, a fully appointed kitchen, and inviting front and back screened porches—ideal for relaxing with a glass of wine on warm Texas evenings.
The Durst Log Cabin offers a cozy and rustic 1-bedroom, 1-bath retreat with a kitchenette, perfect for guests seeking a unique Hill Country stay.
The Durst Studio Suite is a charming 1-bedroom, 1-bath space with a kitchenette, making it an ideal getaway for couples or solo travelers.
Each unit features its own private outdoor space for enjoying quiet mornings or taking in Fredericksburg’s unforgettable sunsets.
Whether you’re looking to expand your STR portfolio or step into one of the most sought-after rental markets in Texas, the Historic Durst Haus is a turnkey property ready to welcome guests year-round.
Permit #8056001905 – Main house at Durst Haus – 8 occupancy – 2 bedroom.
Permit #8056001903 – Studio at Durst Haus – 2 occupancy – 1 bedroom.
Permit #8056001904 – Cabin at Durst Haus – 2 occupancy – 1 bedroom
?? More Information: https://www.adamccarroll.com/listings/514-w-austin-st-fredericksburg-tx/
PROPERTY FACTS
| Price | $1,400,000 | Building Class | C |
| Price Per SF | $614.30 | Lot Size | 0.23 AC |
| Sale Type | Investment or Owner User | Building Size | 2,279 SF |
| Cap Rate | 5% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1904/2020 |
| Property Subtype | Residential Income | Parking Ratio | 2.63/1,000 SF |
| Zoning | R-2 - R-2 Zoning - Mixed Residential One block from Historic Main Street! Full-time B&B. Appointment required. | ||
| Price | $1,400,000 |
| Price Per SF | $614.30 |
| Sale Type | Investment or Owner User |
| Cap Rate | 5% |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 2,279 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1904/2020 |
| Parking Ratio | 2.63/1,000 SF |
| Zoning | R-2 - R-2 Zoning - Mixed Residential One block from Historic Main Street! Full-time B&B. Appointment required. |
AMENITIES
- Air Conditioning
- Fiber Optic Internet
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PROPERTY TAXES
| Parcel Number | 18769 | Improvements Assessment | $1,087,500 |
| Land Assessment | $258,290 | Total Assessment | $1,345,790 |
PROPERTY TAXES
Parcel Number
18769
Land Assessment
$258,290
Improvements Assessment
$1,087,500
Total Assessment
$1,345,790
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514 W Austin St
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