114 Fleury Way, Fredericksburg, TX 78624
114 Fleury Way, Fredericksburg, TX 78624
114 Fleury Way, Fredericksburg, TX 78624
114 Fleury Way, Fredericksburg, TX 78624
114 Fleury Way, Fredericksburg, TX 78624
114 Fleury Way, Fredericksburg, TX 78624
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Jollyn Hilliard

Jollyn Hilliard

+1(210) 324-2423
$ 1,800,000
Est. payment | /mo

1,760 SqFt

Save
$ 1,800,000
Est. payment | /mo
Save

1,760 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Improved Prop

Listing Status Active

Purchase Type For Sale

Square Footage 1,760 sqft

Price per Sqft $1,022

MLS Listing ID 2019378

Construction Status Wood,Other

Year Built 1999

Annual Tax Amount $21,168

Lot Size 11.100 Acres

Property Sub-Type Commercial Improved Prop

Property Description

Situated on approximately 11.10 acres just north of Fredericksburg, this established income-producing property offers a rare opportunity to acquire a multi-residence investment in the Texas Hill Country. Located approximately 7 miles, or an 11-minute drive, from downtown, the property combines a convenient location with a private, rural setting. The property is currently fully occupied, providing an established rental operation with the potential for continued long-term income. The property includes 11 residential units, with improvements constructed primarily in 1995, 1996, and 2011. The residences are arranged along Fleury Way and Collard Drive, creating a small residential community with a mix of homes and additional living accommodations. Mature trees, open areas, and outdoor improvements contribute to the property's Hill Country setting. A grandfathered water well, reportedly producing approximately 75-100 gallons per minute, serves as an important utility feature for the property. With its existing tenant base, multiple residences, and close proximity to Fredericksburg, this property presents an attractive opportunity for investors seeking a diversified residential rental asset. The combination of acreage, established improvements, and income-producing use offers flexibility for continued operation and future investment planning, subject to applicable regulations and property restrictions.

Location

State TX

County Gillespie

Area 3100

Zoning NA

Interior

Heating Central, Individual Meters, Window Unit, Other

Cooling Central, Window, Individual Meters, Other

Exterior

Garage Spaces 22.0

Utilities Available Electricity, Water, Septic

Roof Type Metal

Building

Foundation Slab

Construction Status Wood,Other

Schools

School District Fredericksburg

Others

Acceptable Financing Sale Only, Cash, Conventional

Listing Terms Sale Only, Cash, Conventional

LERA MLS - Local Expertise Regional Access / SABOR
Listed by Justin Cop • Fredericksburg Realty • (830) 997-6531

Schools and Properties Nearby

Jollyn Hilliard

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(210) 324-2423

jollyn@jollynhomes.com

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114 Fleury Way