506 E Ufer St
Fredericksburg, TX, 78624 $ 3,200,000
Bedrooms-- Baths-- Sq 3,928 Monthly Estimate*
$ 20,205
for $3,200,000. This 3,928 square foot building was built in 2021 on a lot size of 0.86.
Turnkey eight-cabin short-term rental compound two blocks off Main Street in the heart of Fredericksburg. The Rivers at Fredericksburg is a purpose-built boutique lodging community offering an income-producing, fully operational hospitality asset in one of the Texas Hill Country's strongest tourism markets - walkable to the shopping, tasting rooms, and restaurants that draw visitors year-round. Eight (8) detached guest cabins, each individually named for a Texas river - Blanco, Guadalupe, Brazos, Nueces, Rio Grande, Llano, Frio, and Colorado. Each cabin is configured for two (2) guests (1BR/1BA layout) with a kitchenette, fireplace, covered front porch, and private back patio. One cabin is ADA-accessible with a roll-in shower, grab bars, and accessible parking. All eight units feature keypad self check-in, allowing contactless, low-labor operation. A rare, fully stabilized eight-key STR portfolio under single ownership with an established seven-year operating history and existing guest review base. The uniform floor plans and shared amenity footprint keep turnover, maintenance, and furnishing costs predictable, while eight separate keys diversify income across multiple bookings rather than concentrating revenue in a single door. Immediate upside for a new owner through direct-booking channel development, dynamic pricing, expanded occupancy limits, event and small-retreat buy-outs, or repositioning individual cabins to a higher nightly rate tier. Alternatively, the in-town location and multi-structure configuration lend themselves to conversion to long-term rentals, executive/mid-term stays.
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FeaturesGeneralLiving Area 3928
Heating Other
Cooling Wall
Ceiling Height 10
Zoning C
Construction Wood Stone
Amenities Not Applicable/None
Stories Count 1
Class Commercial Improved Prop
Monthly Lease 0
Type Apartments
Number of Units 8
Roof Metal
Status New
Utilities Electricity Water Sewer
Area 3100
Number of Buildings 8
Year Built 2021
School District Fredericksburg
Accessibility Grab Bars in Bathroom(s) No Carpet Level Lot No Stairs First Floor Bath First Floor Bedroom Disabled Parking Stall Shower Wheelchair Accessible
Proposed Terms Sale Only Cash Conventional
Legal Description LANGERHANS BLK 2 LOT 21 & 22-PT -B&B-
Taxes 18734
Restrictions Deed
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Exterior# of Drive-In Doors 0
Foundation Slab
Lot Size 0.86
Flood Plan None
Total Parking 15
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* Excluded FeaturesList ByMichael LugoListing Agent
mike@thelugogrouptx.com;Mikeblugo@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $20,205
- Monthly Property Taxes
- $1,561
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Fredericksburg, TX
Average List Price $1,884,267
Percent of Sale Price 41%
About Fredericksburg, TX 11,374 Population
24% Since 2002
$ 56,302 Median Income
46.17 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
1918635 Elementary School
1918636 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/12/2026 | $3,200,000 | | Listed Price |