609 Live Oak St,Fredericksburg, TX 78624
Fredericksburg, TX 78624
Description
INCOME-PRODUCING COMMERCIAL PROPERTY WITH FUTURE UPSIDE Located just minutes from downtown Fredericksburg, 609 & 611 Live Oak St offer a rare opportunity to acquire an income-producing commercial property with significant long-term potential. The property consists of three occupied homes, providing immediate rental income from day one. Zoned commercial, this property allows for a wide range of uses, including office space, short-term rentals (STRs allowed), or future redevelopment. With no flood plain concerns, the site is well-positioned for expansion or additional units, making it especially attractive to investors and developers looking for flexibility. While the homes could benefit from updates, they are currently occupied and functioning as rentals, offering a strong value-add opportunity for the next owner to improve, reposition, or redevelop over time. Properties with this combination of location, zoning, income, and development potential are increasingly hard to find in Fredericksburg. Ideal for investors seeking cash flow now with upside later, or business owners looking to establish a presence in a growing market.
Details
| MLS # | 100569 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 215 |
| Listing Provided By | eXp Realty LLC / Tinsley Realty Group | Leonardo Noriega |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 1,521 |
| Story(s) | 2 |
| Zoning | C-1 |
| Acreage | 1.25 |
| Water Front | Yes |
Taxes
| Property | 7160 |
|---|
Area Information
| State | TX |
|---|---|
| County | Gillespie |
| City | Fredericksburg |
| Zip Code | 78624 |
| Area | City Southwest |
| Community Name | Other |
| School District | Fredericksburg |
| Elementary School | Fredericksburg |
| High School | Fredericksburg |
| Listing VS Median (in Other) | |
Price: $995,000 low | high Med: $539,750 sqft: 1,521 low | high Med: 1,883 $ / sqft: $654 low | high Med: $303 On site: 215 low | high Med: 69 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Gillespie |
| City | Fredericksburg |
| Zip Code | 78624 |
| Area | City Southwest |
| Community Name | Other |
| School District | Fredericksburg |
| Elementary School | Fredericksburg |
| High School | Fredericksburg |
| Listing VS Median (in Other) | |
Price: $995,000 low | high Med: $539,750 sqft: 1,521 low | high Med: 1,883 $ / sqft: $654 low | high Med: $303 On site: 215 low | high Med: 69 | |
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