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Diane Hart Alexander, MBA, MHA

diane@alex.realestate +1(713) 591-9902

$ 875,000

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601 Bell St Fredericksburg, TX 78624

5 Beds

3 Baths

4,615 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Historical

Listing Status Active

Purchase Type For Sale

Square Footage 4,615 sqft

Price per Sqft $189

Subdivision South Heights

MLS Listing ID 99285

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1935

Annual Tax Amount $10,639

Tax Year 10639

Lot Size 0.490 Acres

Property Sub-Type Historical

Property Description

IN-TOWN FREDERICKSBURG COMPOUND | STR-PERMITTED GUEST SUITE | SUBDIVIDABLE LOT | WORKSHOP + 3-CAR COVERED PARKING. 601 Bell Street is one of those rare in-town Fredericksburg properties that has it all - historic charm, immediate income potential, multi-generational flexibility, and significant long-term land value, all on nearly half an acre just minutes from Main Street. The main residence commands attention from the street. This classic two-story 1935 home features a stunning wraparound upper balcony, soaring ceilings, and the kind of architectural character that simply cannot be replicated. With 5 bedrooms and 3 bathrooms across generous, light-filled living spaces, it functions beautifully as a primary residence, a long-term rental, or an owner-occupied investment property. Attached to the main house but completely self-contained with its own private exterior entrance - is a 920 sq ft, 1 bedroom, 1 bathroom guest suite featuring a full kitchenette and private living and dining areas. An active Short-Term Rental permit is in place, allowing a new owner to begin generating income immediately. With zero shared interior access, the main house and guest suite operate fully independently which is ideal for hosting guests, housing family, or running both as separate rentals simultaneously. Beyond the living spaces, a detached 288 sq ft workshop with an attached 3-car covered carport adds tremendous utility which is rare to find on an in-town lot. Whether used for classic car storage, a hobby workshop, a home business, or extra equipment, this structure alone sets the property apart from anything else available at this price point in Fredericksburg. Then there is the nearly half-acre lot; deep, level, and open with city approval for dividing into 2 lots if desired by a new owner. This is not speculative upside - the groundwork is done. A new owner can build, sell a parcel, or simply hold one of the last large sub-dividable lots inside the city limits. There is privacy fencing, a deck and patio, and mature trees round out the outdoor spaces, with plenty of room to add a pool, garden, or entertaining areas. This property sits within walking distance of the new Fredericksburg Racquet Club, opening May 2027 with 8 pickleball courts, 8 tennis courts, a clubhouse, and walking trails - an amenity that will only strengthen STR demand in this immediate area. Income. Land. History. Flexibility. 601 Bell Street is not a one-dimensional investment, it is a compound with options, in a market where opportunities like this simply do not come around often.

Location

State TX

County Gillespie

Area City-Southeast

Zoning R-2

Interior

Interior Features Guest Quarters, Storage Building, Ceiling Fan(s), High Ceilings, Storage, Walk-In Closet(s)

Heating Central, Electric

Cooling Central Air, Electric

Flooring Wood

Fireplaces Type Masonry, See Remarks

Fireplace Yes

Appliance Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer, Electric Water Heater, See Remarks

Laundry Washer-Dryer Connection

Exterior

Parking Features 2 Car, Detached, Garage, No Driveway

Garage Spaces 2.0

Fence Privacy

Utilities Available City Electric

Waterfront Description None

Roof Type Standing Seam

Garage Yes

Building

Lot Description In City Limits

Story 3

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

Elementary Schools Fredericksburg

Middle Schools Fredericksburg

High Schools Fredericksburg

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://tour.usamls.net/601-Bell-St-Fredericksburg-TX-78624/unbranded

Listed by Portfolio Real Estate - KW

NEARBY SCHOOLS & PROPERTIES

Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

Diane Hart Alexander, MBA, MHA

601 Bell St Fredericksburg, TX 78624

Key Details

Location

Interior

Exterior

Building

Schools

Others

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601 Bell St