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    502 Silver Maple St

    Fredericksburg, TX 78624
    • $575,000
    • STATUS: Active Under Contract
    • ID#: 5707124
    Under Contract
    UPDATED: 62 min ago
    $575,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1932
    County:

    School Ratings & Info

    Description

    Very successful B&B, with garage apartment, backyard oasis, mature trees, pool and less than half a mile from the heart of Main Street. $80K gross revenue and 12.8% cap rate it's first year as a B&B. Standard rates are $475 per night, $625 Weekends, $725 Holidays. Convert the old carriage house and see even more revenue. This Hill Country escape is exceptional. Expect year round bookings It's a great investment property for anyone wanting a turnkey operation and no fuss bookings. Outstanding reviews!FEMA - Unknown Restrictions: Yes

    Monthly Payment Calculator



    © 2020 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-10-30T08:25:12.803.
    austin.papasanproperties.com/homes/102980402
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    502 Silver Maple St Fredericksburg, TX 78624

    • Price: $575,000
    • Status: Active Under Contract
    • Updated: 62 min ago
    • ID#: 5707124
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    1932
    Built
    Neighborhood:
    Walch Terrace
    County:
    Gillespie
    Area:
    Fredericksburg
    Property Description
    Very successful B&B, with garage apartment, backyard oasis, mature trees, pool and less than half a mile from the heart of Main Street. $80K gross revenue and 12.8% cap rate it's first year as a B&B. Standard rates are $475 per night, $625 Weekends, $725 Holidays. Convert the old carriage house and see even more revenue. This Hill Country escape is exceptional. Expect year round bookings It's a great investment property for anyone wanting a turnkey operation and no fuss bookings. Outstanding reviews!FEMA - Unknown Restrictions: Yes
    Exterior Features

    Attached Garage YN No Construction Materials Vinyl Siding Covered Spaces 4 Exterior Features None Foundation Details Pillar/Post/Pier Garage YN No Lot Features Level Parking Features None Patio And Porch Features None Road Surface Type Pvd Roof Metal Stories Total 1 Topography Level View CityNone View YN No Waterfront Features None Waterfront YN No

    Interior Features

    Building Area Total 2339 Cooling Central Air Flooring TileWood Heating Central Laundry Location None Main Level Bedrooms 0 Num Other Level Beds 0

    Property Features

    Accessibility Features None Building Features Private Restrooms Community Features None Current Use Bed & Breakfast Estimated Taxes 6084 Horse YN No Listing Terms CashConventionalTexas VetVa Loan Pets Allowed No Pool Features None Pool Private YN No Property Condition ResaleSee Remarks Property Sub Type Business Sewer Public Sewer Spa Features None Special Listing Conditions Standard Utilities Electricity Available Water Source Public

    Property listed by Keller Williams Realty.


    © 2020 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-10-30T08:25:12.803.
     
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    Papasan Real Estate Team @ Keller Williams Realty
    1801 S. Mopac Expwy, Ste 100
    Austin TX, 78746