# 506 E Ufer St, Fredericksburg, TX 78624

> **TL;DR:** multi-family, $2,999,000 ($763/sqft), built 2021, 3,928 sqft. Est. $16,040/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,999,000 |
| Price/sqft | $763 |
| Square Feet | 3,928 |
| Year Built | 2021 |
| Lot Size | 37,462 sqft (0.86 acres) |
| Stories | 1 |
| Property Type | Multi-Family (Apartment) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $15,165 |
| Estimated Insurance | $875 |
| **Total** | **$16,040** |

## Property Highlights

- Built in 2021
- 0.86 acre lot

## Description

### Agent Description
Turnkey eight-cabin short-term rental compound two blocks off Main Street in the heart of Fredericksburg. The Rivers at Fredericksburg is a purpose-built boutique lodging community offering an income-producing, fully operational hospitality asset in one of the Texas Hill Country's strongest tourism markets - walkable to the shopping, tasting rooms, and restaurants that draw visitors year-round. Eight (8) detached guest cabins, each individually named for a Texas river - Blanco, Guadalupe, Brazos, Nueces, Rio Grande, Llano, Frio, and Colorado. Each cabin is configured for two (2) guests (1BR/1BA layout) with a kitchenette, fireplace, covered front porch, and private back patio. One cabin is ADA-accessible with a roll-in shower, grab bars, and accessible parking. All eight units feature keypad self check-in, allowing contactless, low-labor operation. A rare, fully stabilized eight-key STR portfolio under single ownership with an established seven-year operating history and existing guest review base. The uniform floor plans and shared amenity footprint keep turnover, maintenance, and furnishing costs predictable, while eight separate keys diversify income across multiple bookings rather than concentrating revenue in a single door. Immediate upside for a new owner through direct-booking channel development, dynamic pricing, expanded occupancy limits, event and small-retreat buy-outs, or repositioning individual cabins to a higher nightly rate tier. Alternatively, the in-town location and multi-structure configuration lend themselves to conversion to long-term rentals, executive/mid-term stays.

## Location

- **Address:** 506 E Ufer St, Fredericksburg, TX 78624
- **County:** Gillespie

## Listing Agent

- **Name:** Michael Lugo
- **Brokerage:** EXP Realty, LLC
- **Broker Phone:** (888) 519-7431

## Photos

![506 E Ufer St - Photo 1](http://lh.rdcpix.com/d3ff7099f2fe05d9a554b70bcbdf190bl-f3233339865r.jpg)

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![506 E Ufer St - Photo 34](http://lh.rdcpix.com/d3ff7099f2fe05d9a554b70bcbdf190bl-f262000431r.jpg)

![506 E Ufer St - Photo 35](http://lh.rdcpix.com/d3ff7099f2fe05d9a554b70bcbdf190bl-f4230519057r.jpg)

![506 E Ufer St - Photo 36](http://lh.rdcpix.com/d3ff7099f2fe05d9a554b70bcbdf190bl-f2010839496r.jpg)

![506 E Ufer St - Photo 37](http://lh.rdcpix.com/d3ff7099f2fe05d9a554b70bcbdf190bl-f2651585049r.jpg)

![506 E Ufer St - Photo 38](http://lh.rdcpix.com/d3ff7099f2fe05d9a554b70bcbdf190bl-f3966635081r.jpg)

![506 E Ufer St - Photo 39](http://lh.rdcpix.com/d3ff7099f2fe05d9a554b70bcbdf190bl-f2850482767r.jpg)

![506 E Ufer St - Photo 40](http://lh.rdcpix.com/d3ff7099f2fe05d9a554b70bcbdf190bl-f1948502351r.jpg)

![506 E Ufer St - Photo 41](http://lh.rdcpix.com/d3ff7099f2fe05d9a554b70bcbdf190bl-f271702338r.jpg)

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![506 E Ufer St - Photo 43](http://lh.rdcpix.com/d3ff7099f2fe05d9a554b70bcbdf190bl-f4121848078r.jpg)

![506 E Ufer St - Photo 44](http://lh.rdcpix.com/d3ff7099f2fe05d9a554b70bcbdf190bl-f2674870200r.jpg)

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![506 E Ufer St - Photo 46](http://lh.rdcpix.com/d3ff7099f2fe05d9a554b70bcbdf190bl-f1932497203r.jpg)

![506 E Ufer St - Photo 47](http://lh.rdcpix.com/d3ff7099f2fe05d9a554b70bcbdf190bl-f3352604362r.jpg)

![506 E Ufer St - Photo 48](http://lh.rdcpix.com/d3ff7099f2fe05d9a554b70bcbdf190bl-f1323265780r.jpg)

![506 E Ufer St - Photo 49](http://lh.rdcpix.com/d3ff7099f2fe05d9a554b70bcbdf190bl-f549333350r.jpg)

![506 E Ufer St - Photo 50](http://lh.rdcpix.com/d3ff7099f2fe05d9a554b70bcbdf190bl-f3033592122r.jpg)

---

**MLS#:** 2008049 | **Updated:** 2026-10-23
**Source:** listhub

*Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/506-e-ufer-st-fredericksburg-tx-78624-7bcd231de039411685ac82248fb28a10)

---

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