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$915,000 Just Listed
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Property Description
Located within walking distance of Fredericksburg's iconic Main Street, 506 N. Lincoln Street offers a unique blend of convenience, charm, and versatility. Currently operating as an active short-term rental and permitted for up to 8 guests, the property presents an excellent opportunity for those seeking an income-producing investment, weekend retreat, or full-time residence in one of Fredericksburg's most desirable locations. The home features approximately 2,132 square feet of living space with 4 bedrooms and 2 bathrooms situated on a spacious 0.22 acre lot. Nestled in a quiet, established neighborhood, the property provides a peaceful setting while remaining within walking distance of Fredericksburg's renowned shopping, restaurants, tasting rooms, and other local attractions. An inviting living room serves as the heart of the home, highlighted by beautiful exposed wooden beams and a fireplace that adds warmth and character. The spacious gathering area is ideal for spending time with family and friends, whether entertaining guests or enjoying a quiet evening at home. The kitchen is well-equipped with a gas cooktop, ample cabinet space, and a functional layout designed for everyday living. Wood flooring throughout all four bedrooms adds both charm and durability. Outdoor living is equally appealing, with a beautifully turfed backyard designed for low-maintenance enjoyment. The private outdoor space is surrounded by large trees, featuring a putting green and fire pit, which creates the perfect setting for entertaining. Additional conveniences include a workshop attached to the garage and a Tesla charging port located in the driveway, providing easy access for electric vehicle owners and guests. With its desirable in-town location, established STR permit for up to 8 guests, and thoughtfully designed indoor and outdoor living spaces, this property is well-suited as a primary residence, weekend getaway, or income-producing investment. The combination of walkability to Main Street, comfortable accommodations, modern conveniences, and a quiet neighborhood setting makes this a tremendous opportunity.
Full Property Details
Full Property Details for 506 N Lincoln
General
- Price: $915,000
- Taxes: $10,822
- Status: Active
- Type: Farms/Ranches
- Source: 1210
- MLS ID: 104672
- Updated: 6/3/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Vaulted Ceilings, Walk-in Closet(s), Washer-Dryer Connection, See Remarks, Other
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool Description: None, Other
Exterior
- Exterior Features: Sprinkler System-Lawn, Storage Building, Other, See Remarks
Location
- County: Gillespie
- Subdivision: N/A
School Information
- School District: Fredericksburg
Heating & Cooling
- Heating Type: Central, Electric, See Remarks
Utilities
- Water/Sewer: Public Sewer, Other
Structural Information
- Architectural Style: Ranch, Traditional
- Construction: Stone, Wood Siding, Other
- Sq. Ft. Source: GCAD
Lot Features
- Lot Size (Acres): 0.22
- Topography: City Lot, See Remarks, Other
- Zoning: R-1
Financial Considerations
- Tax Amount: $10,822
Listed by Texas Ranches For Sale (830) 889-5759
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Schools
Schools serving 506 N Lincoln
School District:Fredericksburg Independent School District
| Name | Grades | Distance |
|---|---|---|
Fredericksburg Elementary School 1608 North Adams Street, Fredericksburg, TX 78624 | 1-5 | 1 mi |
Fredericksburg Primary School 1110 South Adams Street, Fredericksburg, TX 78624 | PK-K | 1.4 mi |
Stonewall Elementary School 220 Peach Street, Stonewall, TX 78671 | K-5 | 12.4 mi |
Fredericksburg Middle School 110 West Travis Street, Fredericksburg, TX 78624 | 6-8 | 0.3 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 506 N Lincoln
Date
Details
Price
Change
Source
6/03/2026
Listed
$915,000
—
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 506 N Lincoln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,595
2%
$849,320
-8%
2023
$11,346
28%
$926,190
42%
2021
$8,870
-5%
$654,250
-7%
2022
$9,361
—
$706,530
—
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 506 N Lincoln
506 N Lincoln, Fredericksburg, TX 78624 (MLS# 104672) is a Farms/Ranches property with 4 bedrooms and 2 full bathrooms. 506 N Lincoln is currently listed for $915,000 and was received on June 03, 2026. Want to learn more about 506 N Lincoln? Do you have questions about finding other Farms/Ranches real estate for sale in Fredericksburg? You can browse all Fredericksburg real estate or contact a Coldwell Banker agent to request more information.

