About This Home

This 0-bedroom, 0-bathroom residential multi family at 1402 N Adams St. in Fredericksburg, TX is listed for $899,000 ($193 per sqft). Built in 1980, the home offers 4,646 sqft of living space on a 0.28 acres lot.

Key Features

  • Built in 1980
  • 0.28 acre lot

Property Details

1 story
1980

Amenities

A/C
Listing Description

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 dependable 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 lon

Monthly Cost Estimate

$4,808/mo

20% down · 6.5% · 30 years

Principal$650
Interest$3,896
Insurance$262

Estimates only. Actual payments may vary.

Location

1402 N Adams St.

Fredericksburg, TX 78624

Sand Castle (GILL)

Property Details

Flooring

Vinyl

Construction

Brick Veneer

Parking

None

Heating

Electric (Heating)Central

Cooling

Central AirElectric

Appliances

Electric Water HeaterDishwasherElectric RangeRefrigerator

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1402 N Adams St. is listed at $899,000 ($193/sqft). The estimated monthly payment is $4,808 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1980, 0.28 acre lot.

This property is listed by Kimberly Bowling.

KB

Kimberly Bowling

Agent at Compass RE Texas, LLC

Listed by Compass RE Texas, LLC · Broker phone: 2148148100 · View on Broker Site · Broker website

MLS# 125331· Source: Kerrville Board of Realtors· Added to PropertySimple today

Copyright © 2026 Kerrville Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1402 N Adams St., Fredericksburg, TX 78624

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