507 W Peach ST, Fredericksburg TX 78624

Fredericksburg, TX 78624 | West End

Ed's Opinion of Value

$314,739 Ed's Estimate: $353,415 $411,051
Lowest Comp Recommended List: $343,000 to $364,000 Highest Comp
My analysis of 7 comparable properties puts this home's estimated value at $353,415. Based on how the local market is moving, a list price between $343,000 and $364,000 would position this home well. This home's position in the current 78624 market: below the only comparable home currently on the market among comparable properties. At 1,036 sqft smaller than the typical comp, the size difference factors into the valuation. At 73 years older than typical comps, the 1919 build date influences the valuation. With 1 similar homes currently listed in 78624 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78624: fallen 4.5%. The best comp here is 513 W College ST, Fredericksburg TX 78624 at an adjusted value of $355,354, with a larger floor plan. 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
2 Beds
1 Baths 1 Full
876 Sq Ft
0.207 Acres
1919 Built
2 Garage

About This Property

Unprecedented Fredericksburg BNB opportunity. Just 3 blocks to Downtown Main Street, the “Five-0-Seven” BNB is one of Fredericksburg’s most popular BNBs with extensive advanced bookings. And, it is one of the highest rated BNBs on AirBNB with a stellar 4.96 of 5 star rating based on over 50 reviews. 1 bedroom 1 bath with loft configured as second bedroom. This charming BNB is a great look back to Fredericksburg’s early pioneer heritage. It features a spacious bedroom and bath plus loft configured as a second bedroom with private access to the back patio and yard. The fun sleeping loft with spiral stair access provides extra space for additional guests. The open plan eat-in kitchen features cabinetry from wood that was hand harvested and crafted by a local artisan well known for fine workmanship. The corner lot landscaping mirrors early settlers’ gardens. The raised planters are ready for your selection of vegetables, fruits, herbs and flowers. 1,120 SF garage provides a great footprint to consider expanding the usable SF. Not in Flood Zones.

Financials and documentation available upon: receipt of proof of funds or acceptable pre-approval letter; and, execution of confidentiality and non-disclosure agreement by anyone who will have access to any of the confidential documents.

Features

  • High Ceilings
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air, Electric
Heating Central, Electric, Heat Pump
Exterior Private Yard
MLS # 3743351
Garage 2 spaces

Listing History

MLS# 3743351 8 days (7 CDOM)
Oct 5, 2021 Off Market
Aug 17, 2021 Listed $585,000

Frequently Asked Questions About 507 W Peach ST, Fredericksburg TX 78624

When was 507 W Peach ST, Fredericksburg TX 78624 built?

507 W Peach ST, Fredericksburg TX 78624 was built in 1919.

How much does 507 W Peach ST, Fredericksburg TX 78624 cost?

507 W Peach ST, Fredericksburg TX 78624 sold on October 5, 2021. Contact us for sale price details.

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