609 Live Oak St, Fredericksburg, TX 78624
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609 Live Oak St, Fredericksburg, TX 78624
609 Live Oak St, Fredericksburg, TX 78624
609 Live Oak St, Fredericksburg, TX 78624
609 Live Oak St, Fredericksburg, TX 78624
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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

+1(713) 591-9902
$ 995,000
Est. payment /mo
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Price Dropped by $100K

609 Live Oak St Fredericksburg, TX 78624

9 Beds

6 Baths

4,053 SqFt

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Multi Family,Residential

Listing Status Active

Purchase Type For Sale

Square Footage 4,053 sqft

Price per Sqft $245

MLS Listing ID 100569

Bedrooms 9

Full Baths 6

HOA Y/N No

Year Built 1960

Annual Tax Amount $7,160

Tax Year 7160

Lot Size 1.250 Acres

Property Sub-Type Multi Family,Residential

Property Description

INCOME-PRODUCING COMMERCIAL PROPERTY WITH FUTURE UPSIDE Located just minutes from downtown Fredericksburg, 609 & 611 Live Oak St offer a rare opportunity to acquire an income-producing commercial property with significant long-term potential. The property consists of three occupied homes, providing immediate rental income from day one. Zoned commercial, this property allows for a wide range of uses, including office space, short-term rentals (STRs allowed), or future redevelopment. With no flood plain concerns, the site is well-positioned for expansion or additional units, making it especially attractive to investors and developers looking for flexibility. While the homes could benefit from updates, they are currently occupied and functioning as rentals, offering a strong value-add opportunity for the next owner to improve, reposition, or redevelop over time. Properties with this combination of location, zoning, income, and development potential are increasingly hard to find in Fredericksburg. Ideal for investors seeking cash flow now with upside later, or business owners looking to establish a presence in a growing market.

Location

State TX

County Gillespie

Area City-Southwest

Zoning C-1

Interior

Interior Features Guest Quarters, Ceiling Fan(s)

Heating Central

Cooling Central Air

Flooring Concrete, Laminate, Tile, Vinyl

Fireplaces Type Masonry

Fireplace Yes

Appliance Range, Refrigerator, Electric Water Heater

Exterior

Parking Features 3+ Car, Gravel

Garage Spaces 3.0

Fence Privacy

Utilities Available City Electric, Fiber Optic

Waterfront Description None

Roof Type Metal

Building

Lot Description In City Limits, 1-5 Acres

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

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/609-Live-Oak-St-Fredericksburg-TX-78624/unbranded

Listed by eXp Realty LLC / Tinsley Realty Group

NEARBY SCHOOLS & PROPERTIES

Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

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609 Live Oak St