1402 N Adams Street, Fredericksburg, TX

$990,000

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4,646

Square feet

About 1402 N Adams Street

Premier Fredericksburg 6-Plex | Fully Leased Investment Opportunity Exceptional six-unit multifamily property presents a rare opportunity to acquire a fully leased, income-producing asset in one of the Texas Hill Country's most desirable investment markets. Located at 1402 N. Adams Street in Fredericksburg, this well-maintained apartment community offers immediate cash flow, six income-producing units, and outstanding long-term investment potential. With approximately 4,646 square feet the property is currentlyoccupied, with all six units leased under fixed-term agreements, providing investors with rental income from day one. Multifamily properties of this size and quality rarely become available in Fredericksburg, making this an exceptional opportunity for investors seeking dependable cash flow and long-term appreciation. Residents enjoy convenient access to Historic Main Street, shopping, restaurants, schools, healthcare, local employers, and the renowned wineries that have made Fredericksburg one of Texas' premier destinations. Fredericksburg's continued population growth, strong local economy, and limited multifamily inventory continue to support a healthy rental market and long-term investment value. Whether you're expanding an existing portfolio, completing a 1031 exchange, or acquiring your first multifamily investment, this property offers six leased units in one of the strongest rental markets in the Texas Hill Country. Investment Highlights occupied with all six units under fixed-term leases Immediate rental income at closing Six income-producing residential units Approximately 4,646 square feet Strong, cash-flow opportunity Excellent long-term investment potential Minutes from Historic Main Street Convenient access to shopping, dining, schools, healthcare, and local employers Ideal for investors or 1031 exchange buyers Located in one of Texas' premier Hill Country communities with strong rental demand Investment opportunities like this are increasingly rare in Fredericksburg. This fully leased six-plex offers the ideal combination of immediate income, long-term appreciation potential, and a prime location in one of Texas' most desirable real estate markets.

Features of 1402 N Adams Street

MLS® # 2011635
Price $990,000
Square Footage 4,646
Acres 0.00
Year Built 1980
Type Multi-Family
Sub-Type One Story
Status New

Community Information

Address 1402 N Adams Street
Area 3100
Subdivision Sandcast
City Fredericksburg
County Gillespie
State TX
Zip Code 78624

Amenities

Has Pool No

Interior

Heating Central
Cooling One Central
Has Basement No

Exterior

Exterior Brick
Exterior Features Not Applicable/None
Roof Composition
Foundation Slab

School Information

District Fredericksburg
Elementary Fredericksburg
Middle Fredericksburg
High Fredericksburg

Additional Information

Date Listed August 31st, 2026
Days on Market 1
Zoning R2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass RE Texas, LLC - SA

Listing Map

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