509 W Centre St

Fredericksburg, TX 78624

About this property

Unique Dual-Home Opportunity on a Tree-Covered Corner Lot! Discover the possibilities with this versatile property featuring two separate homes on a beautiful, tree-filled corner lot. Improvements include fresh exterior paint, new gutters, new soffits, foundation has been leveled, and a 2026 privacy fence. The main house offers 3 bedrooms and 2 bathrooms and has most recently been used as a short-term rental. Inside, gorgeous hardwood floors anchor the main living space, while the open-concept layout seamlessly connects the dining area and kitchen by an eat-at barperfect for entertaining family and guests. The guest house, a charming 2-bedroom, 1-bath residence, adds even more flexibility for extended family, rental potential, or private workspace. Between the two homes, you'll find an expansive patio with a bar area, creating a welcoming outdoor hub for gatherings and relaxation. While there is no current STR permit in place, the guest house may qualify for an ADU permit through the City of Fredericksburg, opening the door to additional income opportunities. Endless potential, prime setting, and multiple living optionsdon't miss this rare find!

About this property

Unique Dual-Home Opportunity on a Tree-Covered Corner Lot! Discover the possibilities with this versatile property featuring two separate homes on a beautiful, tree-filled corner lot. Improvements include fresh exterior paint, new gutters, new soffits, foundation has been leveled, and a 2026 privacy fence. The main house offers 3 bedrooms and 2 bathrooms and has most recently been used as a short-term rental. Inside, gorgeous hardwood floors anchor the main living space, while the open-concept layout seamlessly connects the dining area and kitchen by an eat-at barperfect for entertaining family and guests. The guest house, a charming 2-bedroom, 1-bath residence, adds even more flexibility for extended family, rental potential, or private workspace. Between the two homes, you'll find an expansive patio with a bar area, creating a welcoming outdoor hub for gatherings and relaxation. While there is no current STR permit in place, the guest house may qualify for an ADU permit through the City of Fredericksburg, opening the door to additional income opportunities. Endless potential, prime setting, and multiple living optionsdon't miss this rare find!

Features and Additional Information

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$464,000 Active
3 Bed(s)
2
Baths
1,656 sqft

Presented By Coldwell Banker Commercial Gateway

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Fore Premier Properties
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Area Information

City Northwest | Gillespie County | Itz Addition

$ 464,000
This listing is play_arrow 16.6% lower than the average in the area
$ 556,500 in the area
1,656 SqFt
This listing is play_arrow 0.9% smaller than the average in the area
1,671 SqFt in the area
$ 280 $/SqFt
This listing is play_arrow 15.7% less than the average in the area
$ 333 $/SqFt in the area
163 days on site
This listing is play_arrow 5.5% above the average in the area
155 days on site in the area

Schools in the Area

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    Elementary School
    Fredericksburg
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    Middle School
    Fredericksburg
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    High School
    Fredericksburg

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Listed By Mimi Bartel & Adam Carroll
Brokerage: Fore Premier Properties

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