An incredible chance to build in Fredericksburg! This spacious 0.49-acre vacant lot offers a prime location within the city limits, set in a "one-street" charming and well-established neighborhood. Its cul-de-sac position provides privacy and minimal traffic, and the creek bordering the property has lovely trees that beautifully shade the property and enhance the privacy. An additional feature making this lot special, is the Pecan Orchard that backs up to the south side of the property. This substantial lot presents the perfect spot for your custom home. The property is located a short 3 blocks to Main Street and the vibrant downtown area with its shopping, restaurants, wine tasting rooms, art galleries and museums. Additionally it is proximate to the Methodist Hospital Hill Country, both the private & public schools of Fredericksburg and the Fredericksburg Racquet Centre - 10 acre site with 8 tennis courts, 8 pickle ball courts and walking trails (phase one completion in May 2027).
For sale
$298,500
117 Settlement Dr, Fredericksburg, TX 78624
--beds
--baths
--sqft
City Lots, City, Single Family Residence
Built in ----
0.49 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Creek bordering the property
- 458 days |
- 47 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Anna Wynne-Smith,
Portfolio Real Estate - KW,
Brittney Horton,
Portfolio Real Estate - KW
Source: CHCBOR,MLS#: 97793
Facts & features
Interior
Video & virtual tour
Property
Features
- Waterfront features: None
Lot
- Size: 0.49 Acres
- Topography: Level
- Residential vegetation: Native Pasture
Details
- Parcel number: 87157
- Zoning: R-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: City Lots, City, Single Family Residence
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: The Settlement
HOA
- Has HOA: No
Location
- Region: Fredericksburg
Financial & listing details
- Tax assessed value: $159,390
- Annual tax amount: $1,995
- Date on market: 5/23/2025
- Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Price change | $298,500-6.4% |
Source: | ||
| 5/23/2025 | Listed for sale | $319,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,031 +1.8% | $159,390 |
| 2024 | $1,995 +2.2% | $159,390 |
| 2023 | $1,953 -9.8% | $159,390 +10% |
| 2022 | $2,166 +64.4% | $144,900 +69.1% |
| 2021 | $1,317 | $85,680 +0.2% |
| 2020 | -- | $85,550 |
| 2018 | $1,522 | $85,550 |
| 2017 | -- | $85,550 +47.6% |
| 2016 | -- | $57,960 |
| 2015 | -- | $57,960 |
| 2014 | -- | $57,960 |
| 2012 | -- | $57,960 |
| 2011 | -- | $57,960 |
| 2010 | -- | $57,960 |
| 2009 | -- | $57,960 +9.5% |
| 2008 | -- | $52,920 |
| 2007 | -- | $52,920 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 78624
Nearby schools
GreatSchools rating
- 5/10Fredericksburg Elementary SchoolGrades: 2-5Distance: 1.3 mi
- 6/10Fredericksburg Middle SchoolGrades: 6-8Distance: 0.7 mi
- 7/10Fredericksburg High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- District: Fredericksburg
Source: CHCBOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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