1402 N Adams St, Fredericksburg, TX 78624
Local realty services provided by:Better Homes and Gardens Real Estate Winans
1402 N Adams St,Fredericksburg, TX 78624
$899,000
- - Beds
- - Baths
- 4,646 sq. ft.
- Multi-family
- Active
Listed by: kimberly bowling
Office: compass re texas, llc. - sa
MLS#:2011635
Source:LERA
Price summary
- Price:$899,000
- Price per sq. ft.:$193.5
About this home
Premier Fredericksburg 6-Plex | Fully Leased Investment Opportunity Exceptional six-unit multifamily property presents a rare opportunity to acquire a fully leased, income-producing asset in one of the Texas Hill Country's most desirable investment markets. Located at 1402 N. Adams Street in Fredericksburg, this well-maintained apartment community offers immediate cash flow, six income-producing units, and outstanding long-term investment potential. With approximately 4,646 square feet the property is currentlyoccupied, with all six units leased under fixed-term agreements, providing investors with rental income from day one. Multifamily properties of this size and quality rarely become available in Fredericksburg, making this an exceptional opportunity for investors seeking dependable cash flow and long-term appreciation. Residents enjoy convenient access to Historic Main Street, shopping, restaurants, schools, healthcare, local employers, and the renowned wineries that have made Fredericksburg one of Texas' premier destinations. Fredericksburg's continued population growth, strong local economy, and limited multifamily inventory continue to support a healthy rental market and long-term investment value. Whether you're expanding an existing portfolio, completing a 1031 exchange, or acquiring your first multifamily investment, this property offers six leased units in one of the strongest rental markets in the Texas Hill Country. Investment Highlights occupied with all six units under fixed-term leases Immediate rental income at closing Six income-producing residential units Approximately 4,646 square feet. Survey 12,242 (.281 Acres) Strong, cash-flow opportunity Excellent long-term investment potential Minutes from Historic Main Street Convenient access to shopping, dining, schools, healthcare, and local employers Ideal for investors or 1031 exchange buyers Located in one of Texas' premier Hill Country communities with strong rental demand Investment opportunities like this are increasingly rare in Fredericksburg. This fully leased six-plex offers the ideal combination of immediate income, long-term appreciation potential, and a prime location in one of Texas' most desirable real estate markets....
Contact an agent
Home facts
- Year built:1980
- Subdivision & Development:Sandcast
- Listing ID #:2011635
- Added:72 day(s) ago
- Updated:November 12, 2026 at 04:14 PM
Rooms and interior
- Living area:4,646 sq. ft.
Heating and cooling
- Cooling:One Central
- Heating:Electric
Structure and exterior
- Roof:Composition
- Year built:1980
- Building area:4,646 sq. ft.
- Lot area:0.28 Acres
- Construction Materials:Brick
- Foundation Description:Slab
Schools
- High school:Fredericksburg
- Middle school:Fredericksburg
- Elementary school:Fredericksburg
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$899,000
- Price per sq. ft.:$193.5
- Tax amount:$5,190
New listings near 1402 N Adams St
- New
$299,000Active10.01 Acres3804 Doss Spring Creek Rd, Fredericksburg, TX 78624
MLS# 105781Listed by: FORE PREMIER PROPERTIES - New
$351,262Active2 beds 2 baths1,122 sq. ft.802 #100 S. Creek St, Fredericksburg, TX 78624
MLS# 9603926Listed by: REATA RANCH REALTY, LLC - New
$869,000Active4 beds 4 baths2,820 sq. ft.117 Stoneledge Dr, Fredericksburg, TX 78624
MLS# 2029764Listed by: FORE PREMIER PROPERTIES - New
$529,000Active3 beds 2 baths1,831 sq. ft.393 Marschall Creek Rd, Fredericksburg, TX 78624
MLS# 2029768Listed by: FORE PREMIER PROPERTIES - New
$349,000Active1 beds 1 baths378 sq. ft.5386 Ranch Road 1376 #153, Fredericksburg, TX 78624
MLS# 2029753Listed by: KELLER WILLIAMS LEGACY - New
$17,500,000Active4 beds 4 baths6,368 sq. ft.827 Snaffle Bit Ranch Rd, Fredericksburg, TX 78624
MLS# 3918944Listed by: FREDERICKSBURG REALTY - New
$350,000Active3 beds 2 baths1,524 sq. ft.88 Linda Dr, Fredericksburg, TX 78624
MLS# 105771Listed by: TEXAS HILLS REALTY, LLC - New
$599,000Active3 beds 2 baths1,884 sq. ft.309 Heritage Hills Dr, Fredericksburg, TX 78624
MLS# 105768Listed by: RE/MAX TOWN & COUNTRY - New
$3,875,000Active3 beds 3 baths2,787 sq. ft.3841 W Us Highway 290, Fredericksburg, TX 78624
MLS# 2029629Listed by: TEXAS RANCHES FOR SALE - New
$599,000Active25 Acres237 Dally Rd, Fredericksburg, TX 78624
MLS# 2029578Listed by: REAL ESTATE ADVISORY TEAM, LLC