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For sale
  • $995,000

    609 W Live Oak St, Fredericksburg, TX 78624

    9beds
    4,053sqft
    : 
    $6,719/mo
    Get pre-qualified
    Residential
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $245/sqft
    $-- HOA

    What's special

    INCOME-PRODUCING COMMERCIAL PROPERTY WITH FUTURE UPSIDE Located just minutes from downtown Fredericksburg, 609 & 611 Live Oak St offer a rare opportunity to acquire an income-producing commercial property with significant long-term potential. The property consists of three occupied homes, providing immediate rental income from day one. Zoned commercial, this property allows for a wide range of uses, including office space, short-term rentals (STRs allowed), or future redevelopment. With no flood plain concerns, the site is well-positioned for expansion or additional units, making it especially attractive to investors and developers looking for flexibility. While the homes could benefit from updates, they are currently occupied and functioning as rentals, offering a strong value-add opportunity for the next owner to improve, reposition, or redevelop over time. Properties with this combination of location, zoning, income, and development potential are increasingly hard to find in Fredericksburg. Ideal for investors seeking cash flow now with upside later, or business owners looking to establish a presence in a growing market.
    198 days
    |
    120
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Leonardo Noriega,

    eXp Realty LLC / Tinsley Realty Group

    Source: CHCBOR,MLS#: 100569MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 6
      • Full bathrooms: 6
      Heating
      • Central
      Features
      • Ceiling Fan(s), Guest Quarters
      • Has fireplace: Yes
      • Fireplace features: Masonry
      Interior area
      • Total structure area: 4,053
      • Total interior livable area: 4,053 sqft
      Video & virtual tour

      Property

      Features
      • Levels: Two
      • Fencing: Privacy
      • Waterfront features: None
      Lot
      • Size: 1.25 Acres
      • Features: In City Limits
      • Topography: Level
      Details
      • Additional structures: RV/Boat Storage, Guest House, Number of Guest Houses: 2
      • Parcel number: 1155
      • Zoning: C-1

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Residential
      Materials
      • Stone
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1960

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $245/sqft
      • Tax assessed value: $561,980
      • Annual tax amount: $7,160
      • Date on market: 1/27/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/27/2026Price change$995,000-9.1%$245/sqft
        Source: CHCBOR #100569 Report a problem
        1/27/2026Listed for sale$1,095,000$270/sqft
        Source: CHCBOR #100569 Report a problem
        2/3/2014Sold--
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,160 +0%$561,980 -1.7%
        2024$7,158 +2.2%$571,770
        2023$7,005 +1.9%$571,770 +24.3%
        2022$6,872 $459,810 +11.5%
        2021-- $412,500 +17.5%
        2020-- $350,930 +6.1%
        2018$5,762 $330,810 +2.1%
        2017-- $323,900 +3%
        2016-- $314,580 +12.8%
        2015-- $278,980 -2.8%
        2014-- $287,010 +14%
        2012-- $251,663 -12.7%
        2011-- $288,300 +15.2%
        2010-- $250,290 -4%
        2009-- $260,770
        2008-- $260,770 +46.9%
        2007-- $177,570
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 78624

        Getting around

        37 / 100
        Car-Dependent
        37 / 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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