106 S Lincoln ST, Fredericksburg TX 78624

Fredericksburg, TX 78624 | Fbg

Ed's Opinion of Value

$774,293 Ed's Estimate: $1,180,299 $1,838,280
Lowest Comp Recommended List: $937,000 to $1,838,000 Highest Comp
After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,180,299. Pricing this home between $937,000 and $1,838,000 would put it in the competitive sweet spot for 78624. This pricing would rank the home as no active comparable homes on the market in 78624's current inventory. At 1,917 sqft larger than the typical comp, the size difference factors into the valuation. At 100 years older than typical comps, the 1860 build date influences the valuation. Market data shows 78624 prices risen 6.9% over the last half year. The closest comparable sale, 619 W Main ST, Fredericksburg TX 78624 at an adjusted $1,838,280, is with a smaller floor plan and a pool. With 7 comparable sales in 78624, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
5 Beds
6 Baths 5 Full, 1 Half
4,273 Sq Ft
0.119 Acres
1860 Built

About This Property

Rare Investment Opportunity in the Heart of Fredericksburg

Built in the 1860s by one of Fredericksburg’s original stonemasons, Lincoln Street Inn is a Texas Historical Landmark and Condé Nast Traveller-Recommended estate. Meticulously preserved and modernized, this turnkey short-term rental (STR) averages $177K per year in bookings, with significant revenue growth potential by separately leasing the Sunday House (guest house).

Sold fully furnished, the sale includes all furniture, linens, cookware, dishware, laundry facilities, and a hot tub—allowing for immediate operation.

Property Highlights:
Main Home: 4 en-suite bedrooms, a dining room, chef’s kitchen, and utility room.
Sunday House (Guest House): Built in 2014, featuring soaring ceilings, an open floor plan, loft for additional bed and comes with king bed and en suite spa-like bath—ideal for guests or maximizing rental income.

Historic Charm & Modern Comforts: Upper and lower balconies offer a perfect spot to take in downtown Fredericksburg’s energy.

Unmatched Location: Steps from Main Street’s 150+ shops, restaurants, wine tasting rooms, and museums.
This is an exceptional opportunity for investors, boutique hoteliers, or business owners seeking a high-performing STR or a storefront/retail space in Fredericksburg’s booming downtown. Own a piece of history while capitalizing on one of Texas’ most sought-after destinations!

Features

  • 2 Primary Suites
  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • High Ceilings
  • Eat-in Kitchen
  • Entrance Foyer
  • In-Law Floorplan
  • Interior Steps
  • Kitchen Island
  • Multiple Dining Areas
  • Multiple Living Areas
  • Primary Bedroom on Main

Location

Schools

Property Details

Property Type Residential
Flooring Stone, Tile, Wood
Cooling Central Air, Zoned
Heating Central, Zoned
Exterior Balcony, Uncovered Courtyard, Gutters Partial
MLS # 9252115

Listing History

MLS# 9252115 - Updated Apr 3, 2026 17 days (14 CDOM)
May 27, 2025 Off Market
Feb 21, 2025 Listed $2,937,000

Frequently Asked Questions About 106 S Lincoln ST, Fredericksburg TX 78624

When was 106 S Lincoln ST, Fredericksburg TX 78624 built?

106 S Lincoln ST, Fredericksburg TX 78624 was built in 1860.

How much does 106 S Lincoln ST, Fredericksburg TX 78624 cost?

106 S Lincoln ST, Fredericksburg TX 78624 sold on May 27, 2025. Contact us for sale price details.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.