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Property summary
The property is located on North Llano Street in Fredericksburg, Texas, approximately eight blocks from the center of downtown, within a commercial area that includes a mix of businesses and short-term rental activity. It consists of two separate buildings totaling four rental units: a rear building constructed in 1985 with 1,752 square feet divided into three suites (Suite A, Suite B, and Suite C), and a front corner building estimated to have been built in the 1940s with 988 square feet. The rear building’s layout places Suite A on the east side facing East Hackberry Street, with a kitchenette, bathroom, and central HVAC, while Suites B and C face North Llano Street and each include a half bathroom, wall-mounted HVAC, and a covered front porch. The rear suites have connecting doors between Units A, B, and C that can be locked to keep the units separate or unlocked to combine spaces into larger office configurations. The front building is configured as a salon-style space with two large rooms, a bathroom, central HVAC, and a covered front canopy. The property sits on a 0.21-acre lot and is zoned C-1. Documented improvements include roof replacements, fresh paint, new flooring, updates to the asphalt parking lot, and a new central HVAC system in Unit C. Water and sewer services are handled by the owner, and tenant electric utility costs are billed separately.
Property profile
VerifiedCap rate & NOI
Current use
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Hair Salon Nail Salon
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Barber Shop
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High School
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Painting
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Marketing & Advertising IT Consulting Firm
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Fredericksburg market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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