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902 E Highway St - STR Duplex | Fredericksburg, TX 2,394 SF Specialty Building Offered at $599,000 at a 5.71% Cap Rate in Fredericksburg, TX 78624

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INVESTMENT HIGHLIGHTS

  • Rare Duplex Opportunity
  • Live in One Unit & Rent Out the Other
  • Turn Key Short-Term Rental

EXECUTIVE SUMMARY

RARE Opportunity to Own a Successful STR DUPLEX – A Turnkey Short-Term Rental Investment in Fredericksburg, TX!

PROPERTY FACTS

Price $599,000
Price Per SF $250.21
Sale Type Investment or Owner User
Cap Rate 5.71%
Sale Condition Business Value Included
Property Type Specialty
Property Subtype Residential Income
Building Class C
Lot Size 0.25 AC
Building Size 2,394 SF
No. Stories 1
Year Built 1976
Zoning R-2

AMENITIES

  • Air Conditioning
  • Smoke Detector

ABOUT 902 E HIGHWAY ST , FREDERICKSBURG, TX 78624

RARE Opportunity to Own a Successful STR DUPLEX – A Turnkey Short-Term Rental Investment in Fredericksburg, TX! Welcome to your hill country retreat, ideally located in the heart of Fredericksburg, Texas! This fully permitted, R2-zoned duplex (STR Permits: Unit A – 8056001011 | Unit B – 8056001012) is less than 5 blocks from Main Street, offering guests and owners easy access to the town’s renowned wineries, shopping, and dining. This turnkey short-term rental comes fully furnished with a strong booking history, making it a seamless investment for immediate income! Together, both units offer a generous 2,394 sq ft of thoughtfully designed living space, accommodating up to 12 guests in total. Unit A: 2 Bedrooms | 1 Bathroom (1054 sq ft) Unit B: 2 Bedrooms | 1 Bathroom | Bonus Room (1340 sq ft). Each unit features: Private entrance, Fully equipped kitchen, Cozy living room with fireplace, In-unit washer & dryer, and Separate utilities for ease of management. Whether you're looking to grow your STR portfolio or create a personal getaway that pays for itself (live in 1 unit and rent out the other), this property offers the perfect blend of comfort, convenience, and hill country charm. Don't miss out on this RARE chance to own a thriving income-producing DUPLEX!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21899
Land Assessment
$176,210
Improvements Assessment
$202,629
Total Assessment
$378,839
  • Listing ID: 37236286

  • Date on Market: 8/12/2025

  • Last Updated:

  • Address: 902 E Highway St, Fredericksburg, TX 78624

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