Newer Resort
For Sale
Contact for pricing
Pending
1956 LOUDON RD, Fredericksburg, TX 78624
Constructed in 2024 for hospitality use.
Property Size1,980 SF
Days on Market176
Property Features for 1956 LOUDON RD
General Information
Standard status
Pending
Size
1,980 SF
Property subtype
Mixed Use, Land
Building Details
Year Built
2024
Listing Agency:
eXp Commercial
Listed By:
Tammy Pack · License #586303
Source:
Crexi
Added: Apr 27
Changed: Oct 6
Last Checked: Oct 19 at 4:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial
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Investment Insights
Based on property information with market context.
This resort property was constructed in 2024. The asset is located at 1956 Loudon Rd in Fredericksburg, Texas.
Key Highlights
- Constructed in 2024
- Located at 1956 Loudon Rd, Fredericksburg, TX
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$104,960
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,099,200
$2.1M
Cap Rate 7%
$1,499,429
$1.5M
Cap Rate 9%
$1,166,222
$1.2M
Market Conditions
NOI Build-Up for 1,980 SF
Gross rent
$237.6K $120.00/SF
− Vacancy
−$16.6K −$8.40/SF
EGI
$221.0K $111.60/SF
− OpEx
−$116.0K −$58.59/SF
NOI
$105.0K $53.01/SF
Area
Gillespie County, TX
Vacancy
7.00%
Lease Rate
$120.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,099,200
Cap Rate 7%
$1,499,429
Cap Rate 9%
$1,166,222
Alternative Uses
Best Use
Hotel Hospitality
$1.50M
$1.31M – $1.75M
NOI $104,960 @ 7.0% cap · market cap 3.89%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2
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
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Resort - Constructed in 2024 for hospitality use.
Where is this resort located?
The property is located at 1956 LOUDON RD Fredericksburg, TX.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Constructed in 2024; Located at 1956 Loudon Rd, Fredericksburg, TX
