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1402 N Adams St

Fredericksburg, TX 78624
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Bed 0

Bed

Bath 0

Bath

SqFt4,646

Sqft

Acres0.28

Acre(Lot)

Premier Fredericksburg 6-Plex | Fully Leased Investment Opportunity Exceptional six-unit multifamily property presents a rare opportunity to acquire a fully leased, income-producing asset in one of the Texas Hill Country's most desirable investment markets. Located at 1402 N. Adams Street in Fredericksburg, this well-maintained apartment community offers immediate cash flow, six income-producing units, and outstanding long-term investment potential. With approximately 4,646 square feet the property is currentlyoccupied, with all six units leased under fixed-term agreements, providing investors with rental income from day one. Multifamily properties of this size and quality rarely become available in Fredericksburg, making this an exceptional opportunity for investors seeking dependabl e cash flow and long-term appreciation. Residents enjoy convenient access to Historic Main Street, shopping, restaurants, schools, healthcare, local employers, and the renowned wineries that have made Fredericksburg one of Texas' premier destinations. Fredericksburg's continued population growth, strong local economy, and limited multifamily inventory continue to support a healthy rental market and long-term investment value. Whether you're expanding an existing portfolio, completing a 1031 exchange, or acquiring your first multifamily investment, this property offers six leased units in one of the strongest rental markets in the Texas Hill Country. Investment Highlights occupied with all six units under fixed-term leases Immediate rental income at closing Six income-producing residential units Approximately 4,646 square feet. Survey 12,242 (.281 Acres) Strong, cash-flow opportunity Excellent long-term investment potential Minutes from Historic Main Street Convenient access to shopping, dining, schools, healthcare, and local employers Ideal for investors or 1031 exchange buyers Located in one of Texas' premier Hill Country communities with strong rental demand Investment opportunities like this are increasingly rare in Fredericksburg. This fully leased six-plex offers the ideal combination of immediate income, long-term appreciation potential, and a prime location in one of Texas' most desirable real estate markets.

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Detail Ic Property Details

Property Type : One Story

Price : $990,000

AD Id : 90895556

MLS Id : 2011635

Lot Size : 0.28 Acre

Living Area Size : 4,646

Tax Amount : 5190.00

Year Built : 1980

County : Gillespie

Subdivision: I35 So. To E. Houston (sa)

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Feature Features

  • Building Information

    Year Built: 1980

  • Lot Information

    Lot Size: 0.281 Main Square Feet: 4,646
  • Property Information

    SQ ft: 4,646 Subdivision: Sandcast

  • Listing Price Information

    Original List Price: $990,000

  • Tax Information

    Parcel Number: S13800000006500 Taxes: 5190

  • School Information

    Elementary School: Fredericksburg Junior High School: Fredericksburg Senior High School: Fredericksburg School District: Fredericksburg
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1405 N Crockett St, Fredericksburg, TX, 78624 $825,000 -- -- 3,813 --

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of SABOR MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 SABOR MLS. All rights reserved.

ByOwner last updated this listing 09/04/2026 @ 04:53

MLS: 2011635 LISTED BY: Kimberly Bowling, Compass RE Texas, LLC - SA 936-203-3351 SOURCE: SABOR - San Antonio

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