Corner Apartment
For Sale
$1,600,000
448 E Walnut St, Fredericksburg, TX 78624
Commercial Sale, Fredericksburg, TX
Property SizeContact for details
Lot Size1.61 Acres
Days on Market92
Property Features for 448 E Walnut St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R-2
Subdivision
Bismarck
Elementary school district
Fredericksburg
Middle school district
Fredericksburg
High school district
Fredericksburg
Standard status
Active
Lot size
1.61 Acres
Taxes and HOA fees
Tax Annual Amount
15873
Building Details
Number of units
22
Listing Agency:
Kowert Real Estate
(830) 997-3311
Listed By:
Romney Kowert
(830) 889-3199
Added: Jun 6
Changed: Sep 3
Last Checked: Sep 5 at 7:06AM
MLS# 104697
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 older apartment complex occupies a 1.61-acre corner parcel at 448 E Walnut St in Fredericksburg, Texas. The property includes a mix of one- and two-bedroom apartments and is designated R-2 zoning.
The complex has established long-term tenancy and is located within Fredericksburg. Its apartment configuration and corner-site positioning define the property's primary physical and operational characteristics.
The complex has established long-term tenancy and is located within Fredericksburg. Its apartment configuration and corner-site positioning define the property's primary physical and operational characteristics.
Key Highlights
- 1.61‑acre apartment property at 448 E Walnut St
- Mix of 1- and 2‑bedroom apartments
- R‑2 zoning
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,303
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - R-2-zoned corner property offering one- and two-bedroom apartment layouts.
Where is this apartment building located?
The property is located at 448 E Walnut St Fredericksburg, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 1.61‑acre apartment property at 448 E Walnut St; Mix of 1- and 2‑bedroom apartments; R‑2 zoning
