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409 E Travis St Fredericksburg TX

$1,095,000 Contract Pending

Property Details

  • Price:$1,095,000
  • Listing Id:83996
  • Square Feet:1,170
  • County:Gillespie
  • Address:Travis St
  • City:Fredericksburg
  • State:TX
  • Zip:78624
  • Bedrooms:2
  • Baths:1
  • Status:Contract Pending
  • Type:Residential Property

Property Description

Booked SOLID so we have just blocked May 1-6 for showings. $109,957 gross rentals in 2021! 88% occupancy rate! See pro forma in documents showing expenses. Even with full management, list price supports a strong cap rate. STR permit in place in R1 where no new units will be permitted. Iconic, historic 1 bedroom, 1 bath (plus loft) log cabin, originally built in Kentucky in 1800's and re-built in its current location in 1995. Charming fish pond and private hot tub. Conveys completely turn key, with furnishings and loads of reservations! See 3D virtual walk thru!! Owners are licensed Realtors.

Primary Features

  • Construction:Log
  • County:Gillespie
  • Fireplace/Woodstove:Masonry
  • Garage/Carport:None-Carport
  • Heating:Central Gas
  • Interior Features:Vaulted Ceilings,Jacuzzi-Whirlpool,Window Treatments,Other-See Remarks,Smoke Detector
  • Property Type:Residential
  • Subdivision:FBG Addition
  • Water/Sewer:Public
  • Zoning:R-1

Additional

  • Approximate Tract Size/Acreage:.1784
  • Estimated SqFt:1000-1199
  • Site Features:Deck/Patio,Sprinkler System-Lawn,Hot Tub,Other-See Remarks

Financial Details

  • Seller's Estimated Tax:$7,473

    External Features

    • Roof Type:Metal

      Travis St Fredericksburg TX 78624





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