703 E Highway St Fredericksburg TX

Property Description

High revenue property on track for 6.8% cap in 2025. STR plus income from monthly tenant in 1/1 guest home. Classic 1930's Fredericksburg Pink Glam House! One of the most popular Short Term Rentals in Fredericksburg, an “Airbnb Guest Favorite”. The main home, built in the 1931, was renovated in 2022 by the prior owners. Renovations included a new roof, updated electrical, HVAC, plumbing, windows, kitchen and baths. High ceilings and original wood floors and doors add to the historical charm. The main bedroom has adorable wallpaper and glam suite with 5 vanity spaces, large main bath has a huge walk in shower. The second bath offers a tiled tub / shower. The Glam theme is carried out throughout the home with pink furnishings, & fun retro decor. Outside enjoy the fire-pit, and custom cowboy pool/hot-tub. The large backyard is fenced and offers plenty of room for lawn games. The guest house is 1 bed,1 bath, full kitchen, living area, utility room, 11'x20' enclosed storage, covered porches in front and back and a separate fenced yard. The large lot (.37 acre) is zoned R-2, has mature pecan trees and is completely fenced.