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$1,375,000 Just Listed
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Property Description
Exceptional commercial opportunity located just four blocks from Fredericksburg's famed Main Street. Situated on a highly visible corner lot, this 1.02-acre property offers outstanding exposure in one of the city's revitalizing areas. The site includes multiple existing structures, some featuring old warehouse character and charm, which may provide value to the next owner or serve as an opportunity for redevelopment. The property is centrally located within blocks of several popular restaurants, hotels, and other established businesses, creating strong traffic and visibility. Zoned M-1, the property allows for a wide variety of potential uses including restaurant, professional office, business or administrative office, indoor or outdoor entertainment venues, food sales, and many additional commercial possibilities. With its strategic location, flexible zoning, and sizable land area near Fredericksburg's thriving downtown corridor, this property presents a rare opportunity for investors, developers, or owner-users seeking to capitalize on continued growth and revitalization in the area.
Full Property Details
Full Property Details for 432 S Lincoln
General
- Price: $1,375,000
- Taxes: $12,044
- Status: Active
- Type: Office
- Source: 1210
- MLS ID: 103926
- Updated: 3/13/2026
- Added to Site: 3 day(s) ago
Parking
- Parking: Asphalt
Location
- County: Gillespie
- Subdivision: South Side Addition
School Information
- School District: Fredericksburg
Heating & Cooling
- Heating Type: Natural Gas, None
Utilities
- Utility Description: Water Connected, Sewer Connected, Natural Gas Available, City Electric
Structural Information
- Architectural Style: Professional/Office, Commercial, Raw Land, Other
- Construction: Frame, Steel Siding, Other
- Roof: Metal, Other
- Square Feet: 5000-5999
- Sq. Ft. Source: GCAD
Lot Features
- Lot Size (Acres): 1.02
- Topography: Sloped
- Zoning: M-1
- Fencing (Description): Chain Link, Partial
Financial Considerations
- Tax Amount: $12,044.1
Listed by CC Herber Co., Real Estate (830) 889-5410
Get Pre-Approved Today
Schools
Schools serving 432 S Lincoln
School District:Fredericksburg Independent School District
| Name | Grades | Distance |
|---|---|---|
Fredericksburg Primary School 1110 South Adams Street, Fredericksburg, TX 78624 | PK-K | 0.6 mi |
Fredericksburg Elementary School 1608 North Adams Street, Fredericksburg, TX 78624 | 1-5 | 1.8 mi |
Stonewall Elementary School 220 Peach Street, Stonewall, TX 78671 | K-5 | 12.8 mi |
Fredericksburg Middle School 110 West Travis Street, Fredericksburg, TX 78624 | 6-8 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 432 S Lincoln
Date
Details
Price
Change
Source
3/13/2026
Listed
$1,375,000
—
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 432 S Lincoln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,554
2%
$579,230
11%
2023
$6,414
43%
$523,550
80%
2021
$4,471
-23%
$290,790
-25%
2022
$5,817
—
$389,210
—
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 432 S Lincoln
432 S Lincoln, Fredericksburg, TX 78624 (MLS# 103926) is a Office property. 432 S Lincoln is currently listed for $1,375,000 and was received on March 13, 2026. Want to learn more about 432 S Lincoln? Do you have questions about finding other Office real estate for sale in Fredericksburg? You can browse all Fredericksburg real estate or contact a Coldwell Banker agent to request more information.

