$875,000
 $4,697 est/mo Sourced by Back At You

601 Bell St,Fredericksburg, TX 78624

Fredericksburg, TX 78624

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Description

IN-TOWN FREDERICKSBURG COMPOUND | STR-PERMITTED GUEST SUITE | SUBDIVIDABLE LOT | WORKSHOP + 3-CAR COVERED PARKING. 601 Bell Street is one of those rare in-town Fredericksburg properties that has it all - historic charm, immediate income potential, multi-generational flexibility, and significant long-term land value, all on nearly half an acre just minutes from Main Street. The main residence commands attention from the street. This classic two-story 1935 home features a stunning wraparound upper balcony, soaring ceilings, and the kind of architectural character that simply cannot be replicated. With 5 bedrooms and 3 bathrooms across generous, light-filled living spaces, it functions beautifully as a primary residence, a long-term rental, or an owner-occupied investment property. Attached to the main house but completely self-contained with its own private exterior entrance - is a 920 sq ft, 1 bedroom, 1 bathroom guest suite featuring a full kitchenette and private living and dining areas. An active Short-Term Rental permit is in place, allowing a new owner to begin generating income immediately. With zero shared interior access, the main house and guest suite operate fully independently which is ideal for hosting guests, housing family, or running both as separate rentals simultaneously. Beyond the living spaces, a detached 288 sq ft workshop with an attached 3-car covered carport adds tremendous utility which is rare to find on an in-town lot. Whether used for classic car storage, a hobby workshop, a home business, or extra equipment, this structure alone sets the property apart from anything else available at this price point in Fredericksburg. Then there is the nearly half-acre lot; deep, level, and open with city approval for dividing into 2 lots if desired by a new owner. This is not speculative upside - the groundwork is done. A new owner can build, sell a parcel, or simply hold one of the last large sub-dividable lots inside the city limits. There is privacy fencing, a deck and patio, and mature trees round out the outdoor spaces, with plenty of room to add a pool, garden, or entertaining areas. This property sits within walking distance of the new Fredericksburg Racquet Club, opening May 2027 with 8 pickleball courts, 8 tennis courts, a clubhouse, and walking trails - an amenity that will only strengthen STR demand in this immediate area. Income. Land. History. Flexibility. 601 Bell Street is not a one-dimensional investment, it is a compound with options, in a market where opportunities like this simply do not come around often.

Details

MLS #99285
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1935
Days On Site267
Listing Provided ByPortfolio Real Estate - KW | Anna Wynne-Smith

Features

Bed(s)5
Bath(s) 3 Total
SQ Feet3,695
Garage2
Story(s)3
ZoningR-2
Acreage0.49
Water FrontYes

Taxes

Property10639

Area Information

StateTX
CountyGillespie
CityFredericksburg
Zip Code78624
AreaCity Southeast
Community NameSouth Heights
School DistrictFredericksburg
Elementary SchoolFredericksburg
High SchoolFredericksburg
Listing VS Median (in South Heights)
Price:
$875,000
low | high
Med:
$530,000
89.428571428571% of Average
sqft:
3,695
low | high
Med:
864
100% of Average
$ / sqft:
$237
low | high
Med:
$613
100% of Average
On site:
267
low | high
Med:
59
100% of Average
Sourced by Back At You

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Learn More About This Property

StateTX
CountyGillespie
CityFredericksburg
Zip Code78624
AreaCity Southeast
Community NameSouth Heights
School DistrictFredericksburg
Elementary SchoolFredericksburg
High SchoolFredericksburg
Listing VS Median (in South Heights)
Price:
$875,000
low | high
Med:
$530,000
89.428571428571% of Average
sqft:
3,695
low | high
Med:
864
100% of Average
$ / sqft:
$237
low | high
Med:
$613
100% of Average
On site:
267
low | high
Med:
59
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $656K - $1.93M
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
506 E Ufer St Property Photo 1
$3,200,000
506 E Ufer St
Fredericksburg, TX 78624
Listing Updated: July 14, 2026 at 2:29:15 PM PDT
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