This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/14
$695,000 -$30,000 (-4.14%) Price Reduced
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/14
Property Description
Circa 1882 (per GCAD), this historically significant Basse block structure-once a residence-offers exceptional commercial potential under current C-1 zoning. Positioned prominently on one of Fredericksburg's major thoroughfares, just four blocks from the vibrant shops and restaurants of historic Main Street, this property blends character with opportunity. The building features a distinctive wrap-around porch and sits on approximately 0.944 acres (per recent survey by Seller). A reciprocating driveway agreement with the southern neighbor provides shared access. Nestled on the upper bank, the structure overlooks and terraces gracefully down to Barons Creek, offering a scenic backdrop that enhances its potential as a future office, retail, or hospitality space. Restoration will be required, but the building's heritage and setting make it a truly unique redevelopment opportunity in one of Texas Hill Country's most beloved towns.
Full Property Details
Full Property Details for 402 S Adams St
General
- Price: $695,000
- Taxes: $11,262
- Status: Active
- Type: Commercial
- Source: 1210
- MLS ID: 98350
- Updated: 2/27/2026
- Added to Site: 217 day(s) ago
Additional Information
- Improvements: Basse Block home
Parking
- Parking: Other
Location
- County: Gillespie
- Subdivision: German Immigration
School Information
- School District: Fredericksburg
Heating & Cooling
- Heating Type: None
Utilities
- Utility Description: Water Available, Sewer Available, Natural Gas Available, Other
Structural Information
- Architectural Style: City Commercial
- Construction: Block, Other
- Roof: Metal
- Square Feet: 1800-1999
- Sq. Ft. Source: GCAD
Lot Features
- Lot Size (Acres): 0.944
- Topography: Level, Sloped, Flood Plain, Other
- Zoning: C-1
- Fencing (Description): None
Financial Considerations
- Tax Amount: $11,262
Listed by Real Estate Advisory Team, LLC (830) 456-6679
Get Pre-Approved Today
Schools
Schools serving 402 S Adams St
School District:Fredericksburg Independent School District
| Name | Grades | Distance |
|---|---|---|
Fredericksburg High School 1107 Texas 16, Fredericksburg, TX 78624 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 402 S Adams St
Date
Details
Price
Change
Source
2/27/2026
Price Reduced
$695,000
-4.14%
MLS
7/29/2025
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 402 S Adams St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,703
-14%
$776,930
—
2023
$11,261
—
$775,030
-16%
2023
$11,261
-19%
$919,250
2%
2021
$13,820
1%
$898,790
-2%
2022
$13,683
—
$915,580
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 402 S Adams St
402 S Adams St, Fredericksburg, TX 78624 (MLS# 98350) is a Commercial property. 402 S Adams St is currently listed for $695,000 and was received on July 29, 2025. Want to learn more about 402 S Adams St? Do you have questions about finding other Commercial real estate for sale in Fredericksburg? You can browse all Fredericksburg real estate or contact a Coldwell Banker agent to request more information.

