$3,200,000
( $814.66Per Sq Foot )
 $17,178 est/mo Sourced by Back At You

506 E Ufer St,Fredericksburg, TX 78624

Fredericksburg, TX 78624

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Description

Turnkey eight-cabin short-term rental compound two blocks off Main Street in the heart of Fredericksburg. The Rivers at Fredericksburg is a purpose-built boutique lodging community offering an income-producing, fully operational hospitality asset in one of the Texas Hill Country's strongest tourism markets - walkable to the shopping, tasting rooms, and restaurants that draw visitors year-round. Eight (8) detached guest cabins, each individually named for a Texas river - Blanco, Guadalupe, Brazos, Nueces, Rio Grande, Llano, Frio, and Colorado. Each cabin is configured for two (2) guests (1BR/1BA layout) with a kitchenette, fireplace, covered front porch, and private back patio. One cabin is ADA-accessible with a roll-in shower, grab bars, and accessible parking. All eight units feature keypad self check-in, allowing contactless, low-labor operation. A rare, fully stabilized eight-key STR portfolio under single ownership with an established seven-year operating history and existing guest review base. The uniform floor plans and shared amenity footprint keep turnover, maintenance, and furnishing costs predictable, while eight separate keys diversify income across multiple bookings rather than concentrating revenue in a single door. Immediate upside for a new owner through direct-booking channel development, dynamic pricing, expanded occupancy limits, event and small-retreat buy-outs, or repositioning individual cabins to a higher nightly rate tier. Alternatively, the in-town location and multi-structure configuration lend themselves to conversion to long-term rentals, executive/mid-term stays.

Details

MLS #2008049
Listing TypeFor Sale
StyleApartments
StatusActive
Year2021
Days On Site18
Listing Provided ByeXp Realty | Michael Lugo

Features

SQ Feet3,928
Story(s)1
ZoningC
Acreage0.86

Interior

HeatingOther

Exterior

RoofMetal
FoundationSlab

Parking

Number Total Parking15

Utilities

UtilitiesElectricity, Water, Sewer

Taxes

Tax Property IdS09700020002100
Total Tax18734

Area Information

StateTX
CountyGillespie
CityFredericksburg
Zip Code78624
AreaGillespie
School DistrictFredericksburg
Listing VS Median (in 78624)
Price:
$3,200,000
low | high
Med:
$475,000
100% of Average
sqft:
3,928
low | high
Med:
1,224
100% of Average
$ / sqft:
$815
low | high
Med:
$388
100% of Average
On site:
18
low | high
Med:
107
16.822429906542% of Average
Sourced by Back At You

Market Activity 78624

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Learn More About This Property

StateTX
CountyGillespie
CityFredericksburg
Zip Code78624
AreaGillespie
School DistrictFredericksburg
Listing VS Median (in 78624)
Price:
$3,200,000
low | high
Med:
$475,000
100% of Average
sqft:
3,928
low | high
Med:
1,224
100% of Average
$ / sqft:
$815
low | high
Med:
$388
100% of Average
On site:
18
low | high
Med:
107
16.822429906542% of Average
Sourced by Back At You
Listing Updated: August 28, 2026 at 9:25:26 PM PDT
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