About This Home

This 0-bedroom, 0-bathroom multi-family at 506 E Ufer St in Fredericksburg, TX is listed for $2,999,000 ($763 per sqft). Built in 2021, the home offers 3,928 sqft of living space on a 0.86 acres lot.

Key Features

  • Built in 2021
  • 0.86 acre lot

Property Details

1 story
2021
Listing 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 li

mits, 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.

Monthly Cost Estimate

$16,039/mo

20% down · 6.5% · 30 years

Principal$2,169
Interest$12,996
Insurance$875

Estimates only. Actual payments may vary.

Location

506 E Ufer St

Fredericksburg, TX 78624

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 506 E Ufer St is listed at $2,999,000 ($763/sqft). The estimated monthly payment is $16,040 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2021, 0.86 acre lot.

This property is listed by Michael Lugo.

ML

Michael Lugo

Agent at EXP Realty, LLC

Listed by EXP Realty, LLC · Broker phone: (888) 519-7431

MLS# 2008049· Source: LERA MLS· 5 days on PropertySimple

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

506 E Ufer St, Fredericksburg, TX 78624

Open this listing in: