Views
Address
114 Fleury Way, Fredericksburg, TX
Price
$ 1,800,000
Property Attributes
- MLS#9235000
- TypeCommercial
- Listing Status Active
- CountyGILLESPIE
- CityFredericksburg
- AreaGP
- Zip78624
- Style
- Year Built1999
- Taxes$ 21168
- Price$ 1,800,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1760
- Lot Size11.1 Acres
Data Source:
Austin Board of REALTORS® (ABOR) as distributed by MLS GRID
Property Description
Situated on approximately 11.10 acres just north of Fredericksburg, this established income-producing property offers a rare opportunity to acquire a multi-residence investment in the Texas Hill Country. Located approximately 7 miles, or an 11-minute drive, from downtown, the property combines a convenient location with a private, rural setting. The property is currently fully occupied, providing an established rental operation with the potential for continued long-term income. The property includes 11 residential units, with improvements constructed primarily in 1995, 1996, and 2011. The residences are arranged along Fleury Way and Collard Drive, creating a small residential community with a mix of homes and additional living accommodations. Mature trees, open areas, and outdoor improvements contribute to the property's Hill Country setting. A grandfathered water well, reportedly producing approximately 75–100 gallons per minute, serves as an important utility feature for the property. With its existing tenant base, multiple residences, and close proximity to Fredericksburg, this property presents an attractive opportunity for investors seeking a diversified residential rental asset. The combination of acreage, established improvements, and income-producing use offers flexibility for continued operation and future investment planning, subject to applicable regulations and property restrictions.
| Price History | |
|---|---|
| 9/25/2026 | Listed $1,800,000 |
General Features
| Utilities | Electricity Connected,Sewer Connected,Water Connected |
|---|---|
| Construction Materials | See Remarks,Frame,Vinyl Siding,Wood Siding |
| Year Built | 1999 |
| View | Neighborhood,Rural |
| Property Subtype | See Remarks |
| Tax Year | 2026 |
| Current Use | Other |
| County | Gillespie |
| Net Operating Income | 163623.5 |
| Operating Expense | 35956 |
| New Construction | No |
| Property Type | Commercial Sale |
| Energy Efficient | HVAC |
| Subdivision Name | NA |
| Building Features | See Remarks |
| Other Structures | See Remarks |
| Status | Active |
| Directions | From Fredericksburg,take N State Hwy 16 approximately 7 miles,turn left onto Marschall Creek Rd,then left onto Fleury Way. Property is on the right. |
| City | Fredericksburg |
| Disclosures | Water District |
| MLS Area | GP |
| Lot Size Square Feet | 483516 |
| Tax Annual Amount | 21168.88 |
| Property Condition | Resale |
| Additional Parcels Y/N | Yes |
| Leasable Area | 15863 |
| Lease Type | See Remarks |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 2022480 |
Exterior Features
| Parking Features | See Remarks,Carport,Garage,Open |
|---|---|
| Total Parking | 15 |
| Foundation Details | See Remarks,Pillar/Post/Pier,Slab |
| Number of Buildings | 11 |
| Building Area Total | 1760 |
| Lot Size Acres | 11.1 |
| Road Surface Type | See Remarks,Gravel |
| Lot Size Source | Public Records |
| Waterfront Y/N | No |
| Other Equipment | See Remarks |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 78624
Price
Taxes
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
