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448 E Walnut St, Fredericksburg, TX, 78624
Older Multifamily Corner Property

448 E Walnut St Fredericksburg, TX 78624

For Sale
$1,600,000

COMMERCIAL - Fredericksburg, TX

Lot Size1.61 Acres
Days on Market49

Property Features for 448 E Walnut St

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
R-2
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
Listed By: Romney Kowert
Added: Jun 6 Changed: Jun 16 Last Checked: Jul 24 at 4:06AM
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 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.

Key Highlights

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

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service HVAC Service Tanning Salon Carpet & Flooring Store Tattoo & Piercing Shop Barber Shop

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

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
More about this property
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