








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Fredericksburg at 802 S Creek St #118, Fredericksburg, TX, 78624 offers a 8.05% rental yield on a $375,870 purchase with $2,520/mo rent. 84% in year one. Equity gained on principal adds $2,425/yr while 5% annual appreciation supports $103,846 over five years. Portfolio math shows five-year ROI at 88.19% and total cumulative return in cash at $109,884. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,520/mo property income against a $1,840/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
1,306 sqft lot
$N/A/sqft
$165 monthly HOA
Neighborhood data shown for ZIP Code: 78624, Fredericksburg, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,017 (100%) |
| Owner Occupied HU | 7,603 (58.4%) |
| Renter Occupied HU | 2,910 (22.4%) |
| Vacant Housing Units | 2,504 (19.2%) |
| Median Home Value | $493,755 |
| Average Home Value | $638,185 |
Residential
11,076
Single Family
10,120
Multi-Family
956
Businesses
1,618
Date | Event | Price |
|---|---|---|
| 2024-07-12 | Listed for sale | $375,870 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Melissa Staudt • Kuper Sotheby's Int'l Realty - Boerne
Mls Name: CHCBOR
Mls Provider:
Mls ID: #97440
Disclaimer: Copyright Central Hill Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.