604 N Cherry Fredericksburg TX Home For Sale • Fredericksburg TX Real Estate Homes, land and Ranches for sale

604 N Cherry Fredericksburg TX Home For Sale

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Price: $1,389,000
Address: 604 North Cherry
City: Fredericksburg TX 78624
Lot size: 3.49+/- acres
Bedrooms: 4
Baths: 3
Square feet: 1896
Year Built 1951

UNLIMITED POSSIBILITIES – Is exactly what this amazing 3.49 acre tract that borders Fredericksburg, TX city limits has to offer. Along with multiple investment possibilities!

POSSIBILITY 1. The 3.49 acres is unrestricted and just outside the city limits in the ETJ (Extra-Territorial Jurisdiction), meaning this property is prime for a multi-unit bed and breakfast compound and short-term rentals and prime opportunity for huge investment income. A Feasibility Study has been performed confirming the use of 12 short-term rentals and 8 campsites. In addition, a TCEQ Well Study has been performed. There is plenty of room to nestle units strategically amongst the trees offering your future guests a unique country setting while being just blocks from Main Street in Fredericksburg, TX. With this location you will be booked all the time!

POSSIBILITY 2. The property offers a unique possibility to build your own home or family compound just blocks from town. In addition, to a beautiful piece of property, there exists a 1951 mid century modern home with great features and could be remodeled into a real show place or potential to become the guest house. Lots of large mature oaks dot the property making an idyllic setting for the person looking for a show place on small acreage while also having the benefits of being in town!

POSSIBILITY 3. The property also has the possibility to be a development into a single family residential neighborhood, which would be another optimum use for this land. City utilities are already on the adjoining property and the property has its own single road, providing the ability to sell nice sized lots. There is high premium demand in the area for new construction homes close to town, and for a builder/developer looking for lots to build up the area, this is a prime location and property.

UNLIMITED POSSIBILITIES is what this property offers. Use one of the ideas above or any combination of them, fix up the home for yourself and sell the back lots, use part as your family compound and part for short-term rentals. What ever your dream, the possibilities are endless!