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$ 3,200,000
Est. payment /mo
New
506 Ufer St Fredericksburg, TX 78624
3,928 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Improved Prop
Listing Status Active
Purchase Type For Sale
Square Footage 3,928 sqft
Price per Sqft $814
MLS Listing ID 2008049
Construction Status Wood,Stone
Year Built 2021
Annual Tax Amount $18,734
Lot Size 0.860 Acres
Property Sub-Type Commercial Improved Prop
Property Description
Turnkey eight-cabin short-term rental compound two blocks off Main Street in the heart of Fredericksburg. The Rivers at Fredericksburg is a purpose-built boutique lodging community offering an income-producing, fully operational hospitality asset in one of the Texas Hill Country's strongest tourism markets - walkable to the shopping, tasting rooms, and restaurants that draw visitors year-round. Eight (8) detached guest cabins, each individually named for a Texas river - Blanco, Guadalupe, Brazos, Nueces, Rio Grande, Llano, Frio, and Colorado. Each cabin is configured for two (2) guests (1BR/1BA layout) with a kitchenette, fireplace, covered front porch, and private back patio. One cabin is ADA-accessible with a roll-in shower, grab bars, and accessible parking. All eight units feature keypad self check-in, allowing contactless, low-labor operation. A rare, fully stabilized eight-key STR portfolio under single ownership with an established seven-year operating history and existing guest review base. The uniform floor plans and shared amenity footprint keep turnover, maintenance, and furnishing costs predictable, while eight separate keys diversify income across multiple bookings rather than concentrating revenue in a single door. Immediate upside for a new owner through direct-booking channel development, dynamic pricing, expanded occupancy limits, event and small-retreat buy-outs, or repositioning individual cabins to a higher nightly rate tier. Alternatively, the in-town location and multi-structure configuration lend themselves to conversion to long-term rentals, executive/mid-term stays.
Location
State TX
County Gillespie
Area 3100
Zoning C
Direction E
Interior
Heating Other
Cooling Wall
Exterior
Garage Spaces 15.0
Utilities Available Electricity, Water, Sewer
Amenities Available Not Applicable/None
Roof Type Metal
Building
Story 1
Foundation Slab
Level or Stories 1
Construction Status Wood,Stone
Schools
School District Fredericksburg
Others
Acceptable Financing Sale Only, Cash, Conventional
Listing Terms Sale Only, Cash, Conventional
Listed by Michael Lugo • eXp Realty • (210) 289-6293