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Diane Hart Alexander, MBA, MHA

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

$ 875,000

Est. payment -/mo

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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 $8,918

Tax Year 8918

Lot Size 0.490 Acres

Property Sub-Type Historical

Property Description

IN-TOWN FREDERICKSBURG COMPOUND WITH INCOME POTENTIAL AND EXPANSION OPPORTUNITY. Set on nearly half an acre just minutes from Main Street, this property offers an opportunity to own a flexible, multi-use compound in one of Fredericksburg's desirable in-town locations. This property is well suited for buyers seeking: A primary residence with additional income potential | A multi-generational living setup | A short-term or long-term rental investment | A long-term hold with future development upside | A residence with a home office. The main residence, originally built in 1935, blends historic character with functional spaces, high-ceilinged, vast living areas and a layout that is adaptable. The main house has 5 bedrooms and 3 bathrooms and an attached 1 bedroom, 1 bathroom guest house with a separate entrance, kitchenette and private living/dining, creates immediate potential for supplemental income (Short Term Rental permit in place), guest accommodations, or a dedicated work/office space. The nearly half-acre lot is a standout feature - rare for an in-town Fredericksburg property. With R-2 zoning, there is potential for additional structures or reconfiguration over time. Whether the vision is to enhance the existing setup or explore longer-term development opportunities, the groundwork is already in place. Outdoor spaces feel open and usable, with room to create a more defined garden, entertaining areas, or additional improvements. The scale of the lot allows the property to function more like a small compound than a typical in-town home. In a market where smaller properties and tighter lots are becoming the norm, opportunities like this - offering space, flexibility, and location - are increasingly difficult to find. 601 Bell Street is not a one-size-fits-all property. It's a place with options, and the ability to evolve over time depending on how it is used. This property is located within walking distance of the new Fredericksburg Racquet Club, scheduled for completion in May 2027. Phase 1 consists of 8 Pickle Balls Courts, 8 Tennis Courts, Clubhouse and Walking Trails.

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, < 1 Acre

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

NEARBY SCHOOLS & PROPERTIES

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601 Bell St