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For sale
  • Price cut: $50K (6/1)
    $1,250,000

    320 W Morse St, Fredericksburg, TX 78624

    3beds
    3,281sqft
    : 
    $8,112/mo
    Get pre-qualified
    Residential
    Built in 1945
    0.32 Acres Lot
    $-- Zestimate®
    $381/sqft
    $-- HOA

    What's special

    Abundant natural lightStylish finishes throughoutVaulted ceilingsOutdoor shower
    Welcome to this remarkable two-unit property featuring a primary residence and a fully equipped short-term rental, offering the perfect blend of comfortable living and income-producing potential. Discover the perfect blend of original character and modern updates in the remodeled 3-bedroom, 2.5-bath main home with versatile flex space ideal for a home office, playroom, or guest room. Rich wood floors run throughout the open floor plan, adding warmth and timeless appeal. Bedrooms are on adjacent sides of the home allowing the primary bedroom with en-suite bathroom to feel like a private retreat. Unique cellar off the kitchen provides additional storage. In addition to the main home, the property features an exceptional guest house—an income-producing 2-bedroom, 2.5-bath active short-term rental with each bedroom having their own private bathroom. Designed to impress, this guest retreat boasts an open floor plan, vaulted ceilings, abundant natural light, and stylish finishes throughout. Guests will enjoy their own private oasis complete with a pool, outdoor shower, and a relaxing patio space perfect for entertaining or unwinding. Situated on a spacious corner lot with mature trees, the low-maintenance professionally designed turf yard ensures year-round curb appeal and minimal upkeep, making it as practical as it is inviting. Whether you're looking for a primary residence with income potential, a multi-use property with a combination of long-term and short-term rentals, or just personal enjoyment, this property with standout features is a unique offering of charm, flexibility, and lifestyle all in one.
    135 days
    |
    133
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Traver,

    Keller Williams Gillespie Realty Group

    Source: CHCBOR,MLS#: 104031MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Central, Mini-Split, Natural Gas
      Appliances
      • Laundry: Washer-Dryer Connection
      Features
      • Ceiling Fan(s), High Ceilings, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Wine Cellar
      • Windows: Window Treatments
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 3,281
      • Total interior livable area: 3,281 sqft
      Video & virtual tour

      Property

      Features
      • Levels: Multi/Split
      • Fencing: Privacy
      • Waterfront features: None
      Lot
      • Size: 0.32 Acres
      • Features: In City Limits
      • Topography: Level
      Details
      • Additional structures: Guest House, Number of Guest Houses: 1
      • Parcel number: 13446
      • Zoning: R-1

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Residential
      Materials
      • HardiPlank Type, Stucco
      • Roof: Standing Seam
      Condition
      • New construction: No
      • Year built: 1945

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Mutual
      HOA
      • Has HOA: No
      Location
      • Region: Fredericksburg

      Financial & listing details

      • Price per square foot: $381/sqft
      • Tax assessed value: $903,450
      • Annual tax amount: $10,428
      • Date on market: 3/26/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/1/2026Price change$1,250,000-3.8%$381/sqft
        Source: CHCBOR #104031 Report a problem
        3/26/2026Listed for sale$1,300,000+192.1%$396/sqft
        Source: CHCBOR #104031 Report a problem
        1/11/2019Sold--
        Source: CHCBOR #75662 Report a problem
        9/17/2018Listing removed$445,000$136/sqft
        Source: Simplicity Real Estate #75662 Report a problem
        6/26/2018Price change$445,000-0.9%$136/sqft
        Source: Simplicity Real Estate #75662 Report a problem
        4/30/2018Price change$449,000-4.3%$137/sqft
        Source: Simplicity Real Estate #75662 Report a problem
        4/22/2018Listed for sale$469,000+13%$143/sqft
        Source: Simplicity Real Estate #75662 Report a problem
        4/21/2018Listing removed$2,150$1/sqft
        Source: Property Management Services Report a problem
        4/10/2018Listed for rent$2,150$1/sqft
        Source: Property Management Services Report a problem
        3/2/2017Sold--
        Source: CHCBOR #72854 Report a problem
        1/25/2017Pending sale$415,000$126/sqft
        Source: Coldwell Banker D'Ann Harper, REALTORS #72854 Report a problem
        12/6/2016Price change$415,000-2.4%$126/sqft
        Source: Coldwell Banker D'Ann Harper, REALTORS #72854 Report a problem
        10/29/2016Listed for sale$425,000$130/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,429 +3.2%$903,450 +3.9%
        2024$10,107 +13.5%$869,122 +10%
        2023$8,904 -2.3%$790,111 +24.3%
        2022$9,113 +21.8%$635,474 +26.5%
        2021$7,483 $502,549 +23.4%
        2020-- $407,290 +11.1%
        2018$6,134 $366,570 +6.3%
        2017-- $344,780 +110.4%
        2016-- $163,870 +5.5%
        2015-- $155,360 +7.1%
        2014-- $145,040 -3%
        2012-- $149,540
        2011-- $149,540 -5.5%
        2010-- $158,290 -1.2%
        2009-- $160,260
        2008-- $160,260 +32.3%
        2007-- $121,165
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 78624

        Getting around

        54 / 100
        Somewhat Walkable
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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