448 E Walnut St, Fredericksburg, TX 78624

Building Details

Number of units

22

Listing agent Romney Kowert Show Phone

Listing office Kowert Real Estate PO Box 47, Fredericksburg, TX Show Phone

Listing date Jun 6, 2026

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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.

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Overview

This offering is an older multifamily apartment complex presented as a corner property. The asset includes 1- and 2-bedroom apartment units and is described in the public remarks as known for affordable housing, with long-term tenants in place. The property is situated on a 1.61-acre lot.

The location is described as central within Fredericksburg, Texas. The listing also notes that the property sits on a corner, which can support a more visible, accessible placement within its immediate area.

For buyers seeking a stabilized residential income asset, this property’s unit mix of 1- and 2-bedroom apartments and the presence of long-term tenants are the primary considerations reflected in the available information. Zoning is listed as R-2, and the property is offered for sale in Gillespie County.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Fredericksburg

County

Gillespie

State

Texas

Longitude

-98.8708544

Latitude

30.2661772

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FAQs

What type of property is this?

Apartment building - Older multifamily complex with 1- and 2-bedroom units, offering an established housing footprint.

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: Older apartment complex offering 1- and 2‑bedroom apartments; Corner property with a central location; Long‑term tenants reported