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Fredericksburg Vacant Lot Opportunity
For Sale
$298,500

117 Settlement Dr lot 9, Fredericksburg, TX 78624

LAND - Fredericksburg, TX

Property SizeContact for details
Lot Size0.49 Acres
Days on Market446

Property Features for 117 Settlement Dr lot 9

General Information

Property type Land
Property subtype Other
Zoning R-1
Subdivision The Settlement
Lot features City, Single Family Residential, Native Pasture
Elementary school district Fredericksburg
Middle school district Fredericksburg
High school district Fredericksburg
Standard status Active
Lot size 0.49 Acres

Taxes and HOA fees

Tax Annual Amount 1995

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Water source Public
Listing Agency: Portfolio Real Estate - KW · Keller Williams Realty
Listed By: Anna Wynne-Smith · License #TREC#0674578
Added: May 23, 2025 Changed: Jun 16 Last Checked: Aug 11 at 4:06AM
MLS# 97793

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 0.49-acre vacant lot presents an incredible opportunity for building in Fredericksburg. Situated within the city limits, the property is located in a charming and well-established neighborhood. The lot's position in a cul-de-sac offers privacy and minimal traffic. A creek borders the property, featuring trees that provide shade and enhance privacy. The south side of the property backs up to a Pecan Orchard. This lot is suitable for building a custom home. The property is located approximately three blocks from Main Street and the downtown area, with its shopping, restaurants, wine tasting rooms, art galleries and museums. It is also proximate to the Methodist Hospital Hill Country, both the private and public schools of Fredericksburg, and the Fredericksburg Racquet Centre, a 10-acre site with tennis and pickleball courts, and walking trails, with phase one completion scheduled for May 2027.

Key Highlights

  • Prime location within Fredericksburg city limits, just 3 blocks from Main Street's shopping, restaurants, and attractions.
  • Large 0.49‑acre vacant lot, ideal for building a custom home.
  • Cul‑de‑sac position offering privacy and minimal traffic.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Pharmacy Big Box & Wholesale Store Kitchen & Bath Showroom HVAC Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

391
Businesses Nearby

Demographics for 78624, TX

23,080
Population
12,421
Households
1.9
Avg Household Size
52
Median Age
37%
College-Educated
89%
High-School Grad
742.3 sq mi
ZIP Area
31
Density / Sq Mi
$67,987
Median Household Income
$37,047
Median Earnings
$1,347
Median Rent
$439,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Spacious lot in established neighborhood, close to downtown Fredericksburg.
Where is this land located?
The property is located at 117 Settlement Dr lot 9 Fredericksburg, TX.
What is the asking price?
The asking price for this property is $298,500.
What are key features of this property?
This property features: Prime location within Fredericksburg city limits, just 3 blocks from Main Street's shopping, restaurants, and attractions.; Large 0.49‑acre vacant lot, ideal for building a custom home.; Cul‑de‑sac position offering privacy and minimal traffic.
More about this property
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