For Sale
Multi family home for sale at 1402 N Adams St, Fredericksburg, TX 78624 | MLS# 2011635 | Listing updated on 2026-09-11
Photo 1 of Multi family home for sale at 1402 N Adams St, Fredericksburg, TX 78624 | MLS# 2011635 | Listing updated on 2026-09-11
Photo 2 of Multi family home for sale at 1402 N Adams St, Fredericksburg, TX 78624 | MLS# 2011635 | Listing updated on 2026-09-11
Photo 3 of Multi family home for sale at 1402 N Adams St, Fredericksburg, TX 78624 | MLS# 2011635 | Listing updated on 2026-09-11
Photo 4 of Multi family home for sale at 1402 N Adams St, Fredericksburg, TX 78624 | MLS# 2011635 | Listing updated on 2026-09-11
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Street View

$990,000

Monthly Est:$4,928

  • Beds Icon9 Beds
  • Beds Icon
    6 Baths
  • Beds Icon4,646sqft

1402 N Adams St, Fredericksburg, TX 78624

$4,928/moEst:

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  • Multi Family

  • Built in 1980

  • $-- HOA

  • 12,240.36 sqft lot

  • $213/sq.ft

Description

Premier Fredericksburg 6-Plex | Fully Leased Investment Opportunity 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 currentlyoccupied, with all six units leased under fixed-term agreements, providing investors with 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 six leased units in one of the strongest rental markets in the Texas Hill Country. Investment Highlights occupied with all six units under fixed-term leases Immediate rental income at closing Six income-producing residential units Approximately 4,646 square feet. Survey 12,242 (.281 Acres) Strong, 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 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.

  • Houzeo last checked: 0 minutes ago
  • Listing updated: September 11, 2026 at 5:08 am
  • Listing Provided by: Kimberly Bowling | Compass RE Texas, LLC - SA (210) 361-6000
  • Source: LERA MLS-TX | MLS#: 2011635 LERA MLS-TX

Part of

Building
1402 N Adams St
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Gillespie County

  • City

    Fredericksburg

  • Neighborhood

    --

  • Year Built

    1980

  • HOA Fees

    -

  • Finished Area

    4,646 sqft

  • Lot Size

    12,240.36 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    LERA MLS

  • MLS Number

    2011635

  • MLS Status

    ACT

  • Days on Market

    41

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 9

    Bathrooms: 6

Other Features

  • Subdivision Name

    Sandcast

Price History

DateEventPrice

08/31/2026

Source: mls_logoLERA MLS-TX #2011635

Listed for Sale

$990,000

$213/sqft

Based on information from the San Antonio Board of REALTORS® MLS through Oct 11, 2026, 05:00AM. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed. © 2026 San Antonio Board of REALTORS - All Rights Reserved.

Advertising Broker: David Montalvo | CapTex Realty