Three-Home Multifamily
For Sale
$995,000
609 Live Oak St, Fredericksburg, TX 78624
Occupied rental homes provide existing income with commercial zoning and flexibility for future repositioning.
Property Size1,521 SF
Price / SF$654.17
Days on Market377
Property Features for 609 Live Oak St
General Information
Standard status
Active
Size
1,521 SF
Property subtype
Multi-Family
Occupancy
100%
Property Condition
Severity
Repairs Needed
Evidence
could benefit from updates
Additional Details
Multifamily Units
3
Building Details
Year Built
1960
Listing Agency:
eXp Realty LLC / Tinsley Realty Group
Listed By:
Leonardo Noriega 8309287193
(830) 456-3158
Source:
Fredericksburghomelistings
Added: Aug 22, 2025
Changed: Sep 2
Last Checked: Sep 1 at 7:59PM
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 Realty LLC / Tinsley Realty Group
Investment Insights
Based on property information with market context.
This multifamily property includes three occupied homes that are currently operating as rentals. The improvements total 1,521 square feet and date to 1960. Existing occupancy provides an established rental setup, while the homes may benefit from updates over time.
Commercial zoning supports multiple future directions identified for the site, including office use, short-term rentals, and redevelopment. The property is located at 609 Live Oak St in Fredericksburg, near downtown, and the site has no flood plain concerns. The existing layout and zoning create flexibility for an owner considering continued residential income, repositioning, or additional development.
Commercial zoning supports multiple future directions identified for the site, including office use, short-term rentals, and redevelopment. The property is located at 609 Live Oak St in Fredericksburg, near downtown, and the site has no flood plain concerns. The existing layout and zoning create flexibility for an owner considering continued residential income, repositioning, or additional development.
Key Highlights
- Three occupied homes currently operating as rentals
- 1,521 square feet of improvements
- Commercial zoning supports office use, STRs, and redevelopment
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
583
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
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Frequently Asked Questions
What type of property is this?
Multifamily property - Occupied rental homes provide existing income with commercial zoning and flexibility for future repositioning.
Where is this multifamily property located?
The property is located at 609 Live Oak St Fredericksburg, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Three occupied homes currently operating as rentals; 1,521 square feet of improvements; Commercial zoning supports office use, STRs, and redevelopment
