Megan Lamb, Listing Office: River Realty
$8,609
closing credit¹
502 Saint Marys St Fredericksburg, TX 78624
Property details
About 502 Saint Marys St
Introducing this captivating Fredericksburg residence, ideally situated on a secluded corner lot in the heart of Fredericksburg, TX. Offering privacy from neighbors, this home features a cedar-fenced front yard, a charming storybook facade, and a welcoming front porch that captures sweeping views of the city and the historic Saint Mary's Chapel. Inside, you'll be welcomed by an elegant blend of craftsmanship and character, showcasing hardwood floors, reclaimed wood walls, custom millwork, exposed beams, and distinctive brick accents. The chef's kitchen boasts stainless steel appliances, an oversized gas stove, a farmhouse sink, and a butcher-block island. Three serene bedrooms each feature beautifully tiled baths, including one with a luxurious multi-head rainfall shower. The detached 1-bedroom casita, facing the street with its own address, provides a rare opportunity for privacy and versatility. It has its own parking, entrance, and small front garden, offering the perfect space for guests, a home office, or as a short-term rental. The casita comes with a transferable city permit for STR use, allowing you to capitalize on the growing demand for vacation rentals in Fredericksburg. With the potential to earn around $175 per night, this casita can generate approximately $5,500 per month, whether through Airbnb or other platforms. Together, the main house and casita present an exceptional investment opportunity. The main home is perfect for long-term rental, generating approximately $2,500 per month, while the casita offers lucrative short-term rental potential. Whether through Airbnb or another platform, the combination of both properties can create substantial monthly income, making this a rare opportunity to offset mortgage costs and enjoy consistent cash flow. Located just blocks from Main Street, you'll have easy access to Fredericksburg's vibrant shops, restaurants, and attractions, all nestled in the heart of the Hill Country. This property offers the ideal blend of charm, comfort, and income potential-perfect for investors or anyone seeking a property with substantial financial upside.
Highlights
Summary
- MLS Number: 1697192
- Office Name: Engel & Volkers San Antonio
- Office Phone: (210) 490-3939
- Office Email: kendra_sanchez@yahoo.com
- Listing Agent: Kendra Sanchez
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Last updated on: 1/18/2025, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$725,000
502 Saint Marys St
$8,609
closing credit¹
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Price information
Property sales
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Nearby schools
3
Fredericksburg Elementary School
Public District 2-5
1.9 mi
•1608 N Adams St
7
Stonewall Elementary School
Public District KG-5
13.2 mi
•220 Peach St
2
Comfort Elementary School
Public District PK-5
20.8 mi
•605 3rd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,667. The most common annual income of people living in Fredericksburg, TX is less than $<35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 502 Saint Marys St
This home is located at 502 Saint Marys St in Fredericksburg, TX and zip code 78624. This 1,914 square foot home, which was built in 1941, sits on a 0.22 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 20, 2023 and is currently priced at $725,000.
While more than 0 listings in Fredericksburg, TX in December 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. In December 2024 in Fredericksburg, TX there were 3.8% more homes for sale than in November. In December 2024, listings were on the market for 88 days. During the same period, the median list price in this real estate market was $667,500.