6BR Home in Fredericksburg , TX
6BR Home in Fredericksburg , TX photo 26BR Home in Fredericksburg , TX photo 3

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Owner FinancedNo Credit Check

6BR Home in Fredericksburg , TX

$1,700,000
$5,747/mo
Address undisclosed, Fredericksburg, Texas 78624
6
Bedrooms
3.5
Bathrooms
3,100
Sq Ft
1999
Year Built
$5,747
Monthly Payment

About This Property

6 BED | 3.5 BATH | 3,100 SQUARE FEET ๐Ÿ’ฐ Sales Price: $1.6M โœ… Existing STR โœ… Current income ~$150K a year โœ… Sold fully furnished โœ… ~25 acres (20.85 with no house - ag exempt) - large parcel could be sold to cover down payment (tax value = Contact for details) โœ… Main house with amazing architecture on 3.93 acres โœ… Connected cabin via breezeway โœ… Fully renovated guest house โœ… Two new AC units โœ… New roof The property is located: ๐Ÿ“ 20 minutes from downtown Fredericksburg, Main Street & local wineries ๐Ÿ“ In the heart of the Texas Hill Country on 25 private acres ๐Ÿ“ Minutes from scenic Hill Country trails, ranches & outdoor recreation ๐Ÿ“ Convenient to Fredericksburg's restaurants, shopping, wineries & entertainment ๐Ÿ“ A short drive to the region's popular wedding venues and event destinations ๐Ÿ“ Approximately 1 hour from San Antonio ๐Ÿ“ Approximately 1.5 hours from Austin Seller Finance Terms: โœ… Down Payment: Contact for details (20.00%) - SELLER WILL ALSO CONSIDER DOWN PAYMENT OF 10% or 15% WITH HIGHER INTEREST RATE โœ… Interest Rate: 3.50% โœ… years โœ… PI Payment: Contact for details Returns with Property Manager (based on current pro forma with $75K of unique amenity design added): ๐Ÿ’ฐ STR Gross Revenue: Contact for details/month or Contact for details/year ๐Ÿ’ฐ Monthly Contact for details ๐Ÿ’ฐ Annual Contact for details ๐Ÿ’ฐ ๐Ÿ’ฐ Cash on Cash: 6.36% ๐Ÿ’ฐ First Year Depreciation for Taxes: Contact for details (this could change if you sold the second parcel) Returns with Self-Management (based on current pro forma with $75K of unique amenity design added): ๐Ÿ’ฐ STR Gross Revenue: Contact for details/month or Contact for details/year ๐Ÿ’ฐ Monthly Contact for details ๐Ÿ’ฐ Annual Contact for details ๐Ÿ’ฐ ๐Ÿ’ฐ Cash on Cash: 13.95% ๐Ÿ’ฐ First Year Depreciation for Taxes: Contact for details (this could change if you sold the second parcel) โš ๏ธ PLEASE DO YOUR OWN DUE DILIGENCE ON ALL STATED ASSUMPTIONS

Features & Highlights

Motivated Seller
Rental Property
Off Market
Low Interest Rate
Turn-Key
Creative Listing
Seller Financing

Financing Details

Down Payment
$330,000
Monthly Payment
$5,747
Financing Type
Owner Financed
Credit Check
None Required

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