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Premier Fredericksburg 6-Plex | Fully Leased Investment Opportunity

$990,000

1402 North Adams Street, Fredericksburg, TX 78624

Active
Last Updated: 09/01/2026

4,646 sqft

Building Size

12,256 sqft

Lot Area

Details:
Building Size:    4,646 sqft
Lot Area:    12,256 sqft
Occupancy:    100%
Units:    6
Year Built:    1980
Zoning:    R-2
Floors:    1
Highlights:
  • 100% occupied with all six units under fixed-term leases
  • Immediate rental income at closing
  • Six income-producing residential units
  • Strong, stable cash-flow opportunity
  • Excellent long-term investment potential
  • Minutes from Historic Main Street
  • Convenient access to shopping, dining, schools, healthcare, and local employers
  • Ideal for investors or 1031 exchange buyers
  • Located in one of Texas' premier Hill Country communities with strong rental demand
Description:

Offered at $990,000, this 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 currently 100% occupied, with all six units leased under fixed-term agreements, providing investors with stable 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 long-term investment value.

Whether you're expanding an existing portfolio, completing a 1031 exchange, or acquiring your first
multifamily investment, this property offers the stability of six leased units in one of the strongest rental markets in the Texas Hill Country.

Investment opportunities like this are increasingly rare in Fredericksburg. This fully leased six-plex offers the ideal combination of immediate income, long-term appreciation potential, and a prime location in one of Texas' most desirable real estate markets.

Map:
Documents:
Title
Adams_Survey.pdf
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Location
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