
12-Unit Multifamily in Fredericksburg, TX
TX · listed Aug 4, 2025 (450 days)
- $/unit
- $154,167
- ▲ 67% vs TX · 78th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 12
- 2023
Financials
- Asking price
- $1,850,000
- Price per unit
- $154,167
- Price per sq ft
- Not stated
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 12
- Unit mix
- 2 of which feature one bedroom and one bathroom & 10 studio-style units
- Buildings
- Not stated
- Year built
- 2023
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Aug 4, 2025
- Days on market
- 450 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1966
About this property
Unique Hill Country Investment Opportunity – 11.77 Acres with 12 Modern Container Cabins Nestled just outside the city limits of Fredericksburg, this property in scenic Gillespie County offers an incredible blend of income-producing potential, serene natural surroundings & room to grow. W/ 12 fully furnished container-style cabins—2 of which feature one bedroom and one bathroom & 10 studio-style units—this property is currently operating as a short-term rental business. All utilities are in place, including a private well with 2,600-gallon storage tank, water softener, septic system, and on-site electricity. A commercial laundry facility adds even more convenience for hosting guests or managing events. The cabins are modern, stylish, and ready for immediate operation. The land is level and dotted with mature oaks, offering a peaceful & private atmosphere with paved road access. There's plenty of space for expansion, making it ideal for developing additional lodging, adding recreational amenities, or transforming it into an event venue, family compound, or non-profit retreat. Enjoy abundant wildlife, wide-open skies, and fresh Hill Country air all just minutes from Fredericksburg.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Stabilized | $990K | $165K$165K | — |
Owner financingStabilized | $959K | $160K$160K | 5% |
Kerrville, TXNewHigh yield | $1.1M | $52K$52K | 9% |
High yieldValue-add | $1.1M | $52K$52K | 9% |
Kerrville, TXHigh yieldStabilized | $865K | $173K$173K | 9% |
| Blanco, TX NewStabilized | $2.74M | $183K$183K | — |

