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315 W Burbank ST Fredericksburg TX 78624 | TX Real Estate | SWPRE
Fredericksburg rehab, investor, flip, BNB. 926 SF Hill Country 1945 bungalow in City Limits. 2 bedroom, 1 bath. 0.32 acre lot. Wood floors, metal roof, gas heat, window AC units. Laundry in 312 SF detached Garage. 152 SF Porch. 58 SF Patio. 180 SF Shed. Walk to downtown, elementary, middle schools. With $30K rehab: $12,710 NOI, 7.06 CAP. At list and $30K rehab, $209,900 investment is $36,000 under 2016 AVG sale for homes under 1,000 SF. Easy Garage conversion to make property 3 bedroom 2 bath. 39 WalkScore. Not in Flood Plain. $2,292 taxes.
3% BUYER BROKER FEE
Only requirements for full commission are: #1 Texas real estate broker license; and #2 Submit contract that escrows, closes, funds.
LEGAL & TAXES FROM GILLESPIE CENTRAL APPRAISAL DISTRICT (GCAD)
Legal:
PIDN 26783
Geo ID S1270-0000-002600
Legal Description ORCHARD LOT 26 & 27-A
Owner: Robert L. Feuge
2016 Taxes: $2,291.35
Tax R...
Tax Rate: 1.82840
Exemptions: None
Land: 0.3211 acres | 13,987 SF | 0.12994456 hectares | 1299.4 m2
Lot Dimensions: 75 wide x 186.50 deep
Deductions: None
Who lives in Fredericksburg?
From ESRI Tapestry Segmentation Profile
Midlife Constants 54%
Comfortable Empty Nesters 16%
Old & Newcomers 14%
Retirement Communities 9%
The Great Outdoors 7%
54% Midlife Constants
2.3 Avg. Household Size
46 Median Age
Live in smaller communities
Generous, not spendthrifts
16% Comfortable Empty Nesters
2.5 Avg. Household Size
47 Median Age
Many live where they grew up
Value health and financial well-being
14% Old & Newcomers
2.1 Avg. Household Size
39 Median Age
Singles lifestyles on a budget
Age not obvious from choices
9% Retirement Communities
1.9 Avg. Household Size
52 Median Age
Fiscally responsible eye on finances
Paid their dues, prefer eating out
7% The Great Outdoors
2.4 Avg. Household Size
46 Median Age
Invest in real estate vs. stocks
Most still work
Schools
Fredericksburg Elementary School
Grades 1-5
977 Students
7 of 10 Great Schools Rating
.65 MI from Home
Fredericksburg Middle School
Grades 6-8
627 Students
7 of 10 Great Schools Rating
0.56 MI from Home
Fredericksburg High School
Grades 9-12
953 Students
6 of 10 Great Schools Rating
1.92 MI from Home
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