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$990,000

1402 N Adams St

Fredericksburg, TX 78624

4,646 sqft · $213/sqft

MLS# 2011635Compass RE Texas, LLC - SAKimberly Bowling

Property details

Sq ft
4,646
Built
1980
Type
RES
Style
One Story, Traditional
Subdivision
Sandcast
County
Gillespie
List date
Aug 31, 2026
Original price
$990,000

Schools

Elementary
Fredericksburg
Middle
Fredericksburg
High
Fredericksburg
District
Fredericksburg

Additional details

Cooling
One Central
Flooring
Other
Taxes
$5,190/yr

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.

Location

1402 N Adams St

This information is believed to be accurate, but without warranty.

Presented by UrbanLUX Realty.

1402 N Adams St | Fredericksburg, TX | UrbanLUX Realty