MLS# 2008049 – 506 E Ufer St, Fredericksburg, TX 78624

Price: $3,200,000
Lot Size Acres: 0.86
Lot Size SqFt: 37,461
Status: New
Property Type: Apartments
Year Built: 2021
Days on Website: 1

Courtesy of eXp Realty, Michael Lugo (888) 519-7431

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.

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Property Details and Features

  • Listing
  • Listing date: 2026-08-12 05:00:00
  • 1 day on market
  • 1 cumulative day on market
  • $815 per square foot
  • Location
  • County: Gillespie
  • Area: 3100
  • Building
  • Apartment is 3,928 square feet
  • Built in 2021
  • Approximate age: 5
  • Building/center name: KEITH WING CUSTOM HOMES
  • Wood
  • Stone
  • 3,928 square feet
  • 1 story
  • 8 buildings
  • Foundation
  • Slab
  • Roof
  • Metal
  • Accessibility Features
  • Grab Bars in Bathroom(s)
  • No Carpet
  • Level Lot
  • No Stairs
  • First Floor Bath
  • First Floor Bedroom
  • Disabled Parking
  • Stall Shower
  • Wheelchair Accessible
  • Amenities
  • Not Applicable/None
  • Interior Features
  • Ceiling height: 10
  • Cooling
  • Wall
  • Heating
  • Other
  • Lot
  • Lot size: 0.86
  • Property
  • Zoning: C
  • Schools
  • School district: Fredericksburg
  • Miscellaneous
  • Monthly lease: $0
  • None
  • None
  • No
  • Deed
  • 8 rentals
  • 15 parking spaces
  • 8 units
  • Other tax: 75.00
  • Taxes
  • Total tax: $18,734
  • City tax: $3,344
  • County tax: $3,948
  • $11,367 school tax
  • Property Tax ID: S09700020002100
  • Utilities
  • Electricity
  • Water
  • Sewer

Property Map

$3,200,000 – 506 E Ufer St, Fredericksburg, TX 78624

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