Discover a unique opportunity just outside Fredericksburg city limits! Situated on 2.33 unrestricted acres, this 2016-built property offers a 1,415 sq. ft. 2BR/2BA main home plus a detached 2-car garage with a 624 sq. ft. 1BR/1BA apartment above, complete with a full kitchen. The private apartment is ideal for guests, multigenerational living, or income producing short-term rental use. Together, the property offers approximately 2,039 sq. ft. of finished living space with 3 bedrooms and 3 baths between the two. Enjoy peaceful Hill Country living with room to breathe and the freedom of no restrictions, while remaining convenient to Fredericksburg. Whether you're looking for a primary residence with guest quarters, an investment opportunity, or both, this versatile property offers possibilities that are hard to find.
For sale
Price cut: $50K (8/21)
$749,000
721 Northwood Hills Dr, Fredericksburg, TX 78624
3beds
2,039sqft
Farm
Built in 2016
2.33 Acres Lot
$735,400 Zestimate®
$367/sqft
$-- HOA
What's special
Cozy gas log fireplaceQuartz countertopsLaundry hookupsSubway tile backsplashLarge storage closetBack porch accessBarn doors
- 99 days
- 481
- 21
Zillow last checked:
Listing updated:
Listed by:
Leah Short TREC #0834110 830-388-9546,
Connie Strban, Broker
Source: HAR,MLS#: 83372855
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Garage Apartment
Primary bedroom
- Level: First
- Area: 1
- Dimensions: 1x1
Bedroom
- Level: First
- Area: 1
- Dimensions: 1x1
Bedroom
- Level: First
- Area: 1
- Dimensions: 1x1
Other
- Level: First
Other
- Features: In Garage
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Refrigerator, Water Softener, Gas Oven, Microwave, Gas Cooktop, Dishwasher
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Vaulted Ceiling, 2 Bedrooms Down, 1 Bedroom Up, Primary Bed - 1st Floor
- Number of fireplaces: 1
- Fireplace features: Gas Log
Interior area
- Total structure area: 2,039
- Total interior livable area: 2,039 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Stories: 1
Lot
- Size: 2.33 Acres
- Features: 2 Up to 5 Acres
- Topography: Level
Details
- Additional structures: Guest House
- Parcel number: 35346
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Farm
Condition
- New construction: No
- Year built: 2016
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: Northwood Hills
Location
- Region: Fredericksburg
Financial & listing details
- Price per square foot: $367/sqft
- Tax assessed value: $753,120
- Annual tax amount: $7,883
- Date on market: 5/26/2026
- Road surface type: Asphalt
Estimated market value
$735,400
$699,000 - $772,000
$2,655/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Price change | $749,000-6.3%$367/sqft |
Source: | ||
| 7/6/2026 | Price change | $799,000-3.2%$392/sqft |
Source: | ||
| 5/26/2026 | Listed for sale | $825,000+50%$405/sqft |
Source: | ||
| 7/9/2019 | Sold | -- |
Source: | ||
| 5/22/2019 | Pending sale | $550,000$270/sqft |
Source: Absolute Charm Real Estate Group, eXp Realty, LLC #77755 Report a problem | ||
| 5/7/2019 | Listed for sale | $550,000$270/sqft |
Source: Absolute Charm Real Estate Group, eXp Realty, LLC #77755 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,133 -14.3% | $753,120 +8.9% |
| 2024 | $4,825 -39.6% | $691,601 -8.2% |
| 2023 | $7,982 +6.7% | $753,120 +30.8% |
| 2022 | $7,478 +7.3% | $575,850 +10.8% |
| 2021 | $6,972 | $519,610 +22.7% |
| 2020 | -- | $423,460 +28% |
| 2018 | $3,976 | $330,840 +29.3% |
| 2017 | -- | $255,940 +266.2% |
| 2016 | -- | $69,900 |
| 2015 | -- | $69,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 78624
Nearby schools
Schools provided by the listing agent
- Elementary: Fredericksburg Elementary School
- Middle: Fredericksburg Middle School
- High: Fredericksburg High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








