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    1112 -- Thiele Ln Fredericksburg, TX 78624

    For Sale
    $359,000

    City,Multi-Family Residential, City Lots - Fredericksburg, TX

    Type:Single Family Residence
    Lot size:
    1.26 Acres
    Days on Market:
    79
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 1112 -- Thiele Ln

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    R-3
    Exterior features
    None
    Lot size
    1.26 Acres

    Building Details

    Architectural style
    Other

    CENTURY 21 The Hills Realty (830) 257-5010

    Listing agent Lynn Niles (830) 257-5010

    Listing date Sep 24, 2025

    MLS# 97786 Listing URL

    Copyright © 2025 Central Hill Country Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fredericksburg Multi-Family Development Opportunity

    This 1.26-acre tract presents an opportunity for the construction of multi-family units. The property is located blocks from the Hospital and the High School, fronting on Thiele Lane, with deeded access from Highway St. Zoned R2 and R3, the property includes approximately 30,405 square feet zoned R2 and 24,756 square feet zoned R3. According to the City and the Owner, the property allows for versatility in construction, with the potential to build a minimum of 10 townhomes, an apartment building, and/or duplexes or single-family homes. The easement on Highway St that allows access to the rear of the property is 30 feet. Prospective buyers should verify the potential use of the tract with the City. Thiele Ln is slated by the City to extend to Friendship Lane, which will make for seamless access between Highway St. and Friendship Lane.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Fredericksburg
    County
    Gillespie
    State
    Texas
    Longitude
    -98.877318
    Latitude
    30.2614

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    FAQs

    What type of property is this?
    Residential land & home lot - 1.26 acre tract zoned for multi-family development.
    Where is this residential land & home lot located?
    The property is located at 1112 -- Thiele Ln Fredericksburg, TX.
    What is the asking price?
    The asking price for this property is $359,000.
    What are key features of this property?
    This property features: - 1.26 acre tract zoned R2 and R3, suitable for multi-family construction.; - Close proximity to Hospital and High School.; - Potential to build a mix of townhomes, apartments, duplexes, or single-family homes.
    (830) 257-5010
    Request Owner's contact information
    1112 -- Thiele Ln Fredericksburg, TX 78624
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    Fredericksburg, TX 78624
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1112 -- Thiele Ln Fredericksburg, TX 78624
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