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$474,000
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Property Description
Unique Dual-Home Opportunity on a Tree-Covered Corner Lot! Discover the possibilities with this versatile property featuring two separate homes on a beautiful, tree-filled corner lot. Improvements include fresh exterior paint, new gutters, new soffits, foundation has been leveled, and a 2026 privacy fence. The main house offers 3 bedrooms and 2 bathrooms and has most recently been used as a short-term rental. Inside, gorgeous hardwood floors anchor the main living space, while the open-concept layout seamlessly connects the dining area and kitchen by an eat-at bar-perfect for entertaining family and guests. The guest house, a charming 2-bedroom, 1-bath residence, adds even more flexibility for extended family, rental potential, or private workspace. Between the two homes, you'll find an expansive patio with a bar area, creating a welcoming outdoor hub for gatherings and relaxation. While there is no current STR permit in place, the guest house may qualify for an ADU permit through the City of Fredericksburg, opening the door to additional income opportunities. Endless potential, prime setting, and multiple living options-don't miss this rare find!
Full Property Details
Full Property Details for 509 W Centre St
General
- Price: $474,000
- Taxes: $5,479
- Status: Active
- Type: Single Family
- Source: 1210
- MLS ID: 103954
- Updated: 5/27/2026
- Added to Site: 80 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Walk-in Closet(s), Washer-Dryer Connection
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool Description: None
Exterior
- Exterior Features: Cable, Deck/Patio, Double Pane Windows, Guest Quarters, Outdoor Kitchen
Location
- County: Gillespie
- Subdivision: Itz Addition
School Information
- School District: Fredericksburg
Heating & Cooling
- Heating Type: Central
Utilities
- Water/Sewer: Public Sewer
Structural Information
- Architectural Style: Cottage
- Construction: Stucco
- Sq. Ft. Source: GCAD
Lot Features
- Lot Size (Acres): 0.2
- Topography: Level, City Lot
- Zoning: R-1
Financial Considerations
- Tax Amount: $5,479
Listed by Fore Premier Properties (830) 307-8679
Get Pre-Approved Today
Schools
Schools serving 509 W Centre St
School District:Fredericksburg Independent School District
| Name | Grades | Distance |
|---|---|---|
Fredericksburg Elementary School 1608 North Adams Street, Fredericksburg, TX 78624 | 1-5 | 1.1 mi |
Fredericksburg Primary School 1110 South Adams Street, Fredericksburg, TX 78624 | PK-K | 1.8 mi |
Stonewall Elementary School 220 Peach Street, Stonewall, TX 78671 | K-5 | 13.1 mi |
Fredericksburg Middle School 110 West Travis Street, Fredericksburg, TX 78624 | 6-8 | 0.6 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 509 W Centre St
Date
Details
Price
Change
Source
5/27/2026
Price Increased
$474,000
3.04%
MLS
3/17/2026
Listed
$460,000
—
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 509 W Centre St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,150
-4%
$565,040
-3%
2023
$7,436
—
$581,130
-4%
2023
$7,436
7%
$606,970
34%
2021
$6,961
-15%
$452,730
-17%
2022
$8,187
—
$547,830
—
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 509 W Centre St
509 W Centre St, Fredericksburg, TX 78624 (MLS# 103954) is a Single Family property with 3 bedrooms and 2 full bathrooms. 509 W Centre St is currently listed for $474,000 and was received on March 17, 2026. Want to learn more about 509 W Centre St? Do you have questions about finding other Single Family real estate for sale in Fredericksburg? You can browse all Fredericksburg real estate or contact a Coldwell Banker agent to request more information.

