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For sale
  • Price cut: $115K (7/2)
    $1,760,000

    508 N Orange St, Fredericksburg, TX 78624

    4beds
    3,175sqft
    : 
    $11,305/mo
    Get pre-qualified
    Single Family Residence
    Built in 1945
    0.42 Acres Lot
    $1,651,000 Zestimate®
    $554/sqft
    $-- HOA

    What's special

    Two additional living spacesBeautifully renovated main home
    Exceptional Income-Producing 5-Bedroom Fredericksburg Short-Term Rental with Proven Performance This established and fully operational 5-bedroom, 4-bath Fredericksburg short-term rental presents a rare opportunity in the heart of Texas Wine Country, with a projected gross revenue of approximately $180,000 for 2026 and a newly granted permit allowing up to 12 guests. Offering approximately 3,175 square feet of living space, the thoughtfully designed layout maximizes both comfort and income potential. The property includes a beautifully renovated main home along with two additional living spaces that create flexibility for large groups while maintaining privacy. One of the additional suites offers a private living area, bedroom, and full bath, ideal for guests seeking separation within a group setting. The second detached living space features an expansive living area with a kitchen, spacious bedroom, and full bath located just steps from the main home, allowing for seamless flow while preserving independence. This configuration is highly desirable in the Fredericksburg vacation rental market and supports strong group bookings. With over 100 five-star reviews and a consistent history of bookings, this high-performing Fredericksburg STR has built an exceptional reputation for quality, design, and guest experience. The expanded occupancy approval for up to 12 guests significantly enhances revenue capacity moving forward. Meticulously renovated, the property blends Hill Country charm with modern amenities and designer finishes throughout. Outdoor spaces are designed for entertaining and relaxation, including a charming well house converted into a bar area, a large pergola providing shaded gathering space, an irrigated yard shaded by mature pecan trees, and a hot tub that continues to drive guest appeal and repeat bookings. Most furnishings convey, offering a turnkey, income-producing investment property just minutes from Main Street Fredericksburg, boutique shopping, restaurants, live music, and the Highway 290 Wine Trail. This is more than a home - it is a proven, revenue-generating Fredericksburg vacation rental business with documented five-star performance, expanded occupancy approval, and strong projected growth.
    152 days
    |
    345
    |
    20
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Liza Smith TREC #509976 (830) 998-5853,

    eXp Realty

    Source: LERA MLS,MLS#: 1944654MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Area: 210
      • Dimensions: 15 x 14
      Bedroom 2
      • Area: 154
      • Dimensions: 11 x 14
      Bedroom 3
      • Area: 156
      • Dimensions: 12 x 13
      Bedroom 4
      • Area: 169
      • Dimensions: 13 x 13
      Primary bathroom
      • Features: Tub/Shower Combo, Double Vanity, Bidet
      • Area: 42
      • Dimensions: 7 x 6
      Dining room
      • Area: 121
      • Dimensions: 11 x 11
      Family room
      • Area: 192
      • Dimensions: 12 x 16
      Kitchen
      • Area: 300
      • Dimensions: 20 x 15
      Living room
      • Area: 165
      • Dimensions: 15 x 11
      Heating
      • Central, Other
      Cooling
      • Central Air
      Appliances
      • Laundry: Washer Hookup, Dryer Connection
      Features
      • Two Living Area, Master Downstairs, Ceiling Fan(s)
      • Flooring: Ceramic Tile, Wood
      • Has fireplace: No
      • Fireplace features: Not Applicable
      Interior area
      • Total interior livable area: 3,175 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Lot
      • Size: 0.42 Acres
      Details
      • Parcel number: TX

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Roof: Metal
      Condition
      • Pre-Owned
      • New construction: No
      • Year built: 1945

      Utilities & green energy

      • Sewer: Sewer System
      • Water: Water System

      Community & HOA

      Community
      • Features: Other
      • Subdivision: Out/Gillespie County
      Location
      • Region: Fredericksburg

      Financial & listing details

      • Price per square foot: $554/sqft
      • Tax assessed value: $1,256,510
      • Annual tax amount: $16,009
      • Price range: $1.8M - $1.8M
      • Date on market: 2/27/2026
      • Cumulative days on market: 153 days
      • Listing terms: Conventional,Cash

        Estimated market value

        $1,651,000

        $1.57M - $1.73M

        $3,335/mo

        Price history

        DateEventPrice
        7/2/2026Price change$1,760,000-6.1%$554/sqft
        Source: LERA MLS #1944654 Report a problem
        5/12/2026Price change$1,875,000-0.8%$591/sqft
        Source: CHCBOR #101755 Report a problem
        2/19/2026Listed for sale$1,890,000+5.6%$595/sqft
        Source: CHCBOR #101755 Report a problem
        10/2/2024Listing removed$1,790,000$564/sqft
        Source: CHCBOR #91260 Report a problem
        7/15/2024Price change$1,790,000-8.2%$564/sqft
        Source: CHCBOR #91260 Report a problem
        6/28/2024Listed for sale$1,950,000+62.5%$614/sqft
        Source: CHCBOR #91260 Report a problem
        2/10/2022Sold--
        Source: CHCBOR #83090 Report a problem
        12/21/2021Pending sale$1,200,000$378/sqft
        Source: CHCBOR #83090 Report a problem
        11/2/2021Listed for sale$1,200,000$378/sqft
        Source: CHCBOR #83090 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$16,009 +1.8%$1,256,510
        2024$15,730 +2.2%$1,256,510
        2023$15,393 +2104.2%$1,256,510 +226.3%
        2022$698 0%$385,131 +10%
        2021$699 $350,119 +10%
        2020-- $318,290 +18.5%
        2018$696 $268,620 +2%
        2017-- $263,270 +18.6%
        2016-- $222,000 +5.4%
        2015-- $210,530 +7.3%
        2014-- $196,210
        2012-- $196,210
        2011-- $196,210 -4.5%
        2010-- $205,370 -4.6%
        2009-- $215,230
        2008-- $215,230 +54.5%
        2007-- $139,348
        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

        62 / 100
        Somewhat Walkable
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Fredericksburg
        • Middle: Fredericksburg
        • High: Fredericksburg
        • District: Fredericksburg

        Source: LERA MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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