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Property profile & analytics

514 W Austin St Fredericksburg, TX 78624

  • Commercial real estate
  • 1,362 SF
  • 0.23 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US82-5984879
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Durst Haus / Vacation Rental / Real Estate Agency

Property Details for 514 W Austin St

Year built
1904
Lot size
0.23 lot acres
Property size
1,362 SF
Property type
Commercial real estate
APN
18769
APU
18769

Description

This exceptional investment opportunity presents a meticulously maintained three-unit short-term rental (STR) complex nestled in the heart of Fredericksburg's Historic District. The property, known as the Historic Durst Haus, comprises three distinct units, each offering a unique charm and appeal to a diverse range of guests. The main house, a beautifully preserved 1904 structure, features two bedrooms and two bathrooms. This charming residence boasts a spacious living area, a fully equipped kitchen, and inviting screened porches, perfect for enjoying the Texas evenings. The Durst Log Cabin, a cozy one-bedroom, one-bathroom unit with a kitchenette, provides a rustic retreat. Finally, the Durst Studio Suite, a comfortable one-bedroom, one-bathroom unit with a kitchenette, is ideal for solo travelers or couples. Each unit is thoughtfully appointed and includes its own private outdoor space. Located just blocks from downtown Fredericksburg, this property offers unparalleled convenience and access to the area's many attractions. The complex presents a turnkey investment opportunity with proven rental history, combining historic charm with modern amenities for a truly exceptional return. The property is offered at $1,400,000. This is a rare chance to acquire a highly desirable and profitable STR complex in one of Texas's most sought-after destinations.


Value Estimations

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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Fredericksburg
County
Gillespie
State
Texas
Longitude
-98.8786
Latitude
30.282
CBSA code
23240
CBSA name
FREDERICKSBURG, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,487
$258,290
$1,087,500
$1,345,790
-
$258,290
$1,087,500
$1,345,790
More about this property
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