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$999,000
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Property Description
INVESTORS: DEVELOPERS: ENTREPRENEURS: VISIONARIES-This one deserves a closer look! Rarely does an opportunity come along that offers 4.1 acres, an exceptional location just outside the Fredericksburg city limits, ETJ location, no restrictions existing improvements, and multiple potential income producing possibilities-all in one property! This property is being offered as an investment and development opportunity with the potential to create multiple income streams and capitalize on the continued growth and demand in the Fredericksburg area. Located just outside the city limits in the Fredericksburg ETJ, this unrestricted property gives you the flexibility to think outside the box. The possibilities could include multiple rental units, duplexes, apartments, tiny homes, short-term or long- term rentals, B & B or hospitality concepts, retail, or commercial uses, a private venue, or a combination of uses. And here's where the property gets particularly interesting for an investor: You already have income-producing improvements in place. The property features 2 separate homes. The first home offers 3 bedrooms and 2 baths with a full basement, and the other offering 2 bedroom and 2 baths. The large home is on city water and has septic. The small home is on city water and city sewer and there are 2 wells on the property. These homes could potentially be used as long term rentals, guest accommodations, B & B/short-term rental opportunity, owner-occupied space while developing the property, or simply as existing assets while you determine your larger development plan. There is also a large workshop offering additional flexibility for storage, business use, workspace, or other purposes. But the land itself is what makes this opportunity so compelling. Outdoor features add even more character, including a scenic pond with a fishing dock and mature pecan trees, creating an atmosphere that could be incorporated into a hospitality or destination-oriented concept. And then there's the location: Minutes from shopping, the hospital, restaurants, entertainment and everything Fredericksburg has to offer, yet positioned just outside the city limits. The combination of acreage, location, existing improvements and unrestricted status makes this a property where an investor can truly explore the possibilities. This isn't simply a property with 2 houses. Its 4.1 acres of opportunity. Also calling all Trades, Contractors and Business owners! Here's an incredible opportunity to combine your business, your office, your equipment, and your trucks -all in one place! One home could serve as a comfortable office headquarters while the second home could provide employee accommodations, rental potential or another business-related use. There's also a barn for storage, plus plenty of acreage to park work trucks, trailers, equipment, materials, and other business necessities. Imagine the possibilities for a plumbing company, electrical company, HVAC/refrigeration company, construction company, landscaping business, or virtually any trade or service business that needs room to operate.
Full Property Details
Full Property Details for 959 S Eagle St
General
- Price: $999,000
- Taxes: $1,028
- Status: Active
- Type: Farms/Ranches
- Source: 1210
- MLS ID: 104395
- Updated: 8/19/2026
- Added to Site: 113 day(s) ago
Interior
- Interior Features: Basement, Ceiling Fan(s), High Ceilings, Pantry, Skylight, Walk-in Closet(s), Washer-Dryer Connection, Water Softener
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool Description: Ponds
Exterior
- Exterior Features: Cable, Deck/Patio, Storage Building
Location
- County: Gillespie
- Subdivision: N/A, Not in Sub
School Information
- School District: Fredericksburg
Heating & Cooling
- Heating Type: Central
Utilities
- Water/Sewer: Public Sewer
Structural Information
- Architectural Style: Contemporary, Ranch
- Construction: Brick, HardiPlank Type
- Sq. Ft. Source: Other
Lot Features
- Lot Size (Acres): 4.1
- Topography: Rolling Slope, Wooded
- Zoning: ETJ
Financial Considerations
- Tax Amount: $1,028.29
Listed by Fore Premier Properties (830) 456-6231
Get Pre-Approved Today
Schools
Schools serving 959 S Eagle St
School District:Fredericksburg Independent School District
| Name | Grades | Distance |
|---|---|---|
Fredericksburg Primary School 1110 South Adams Street, Fredericksburg, TX 78624 | PK-K | 1.4 mi |
Fredericksburg Elementary School 1608 North Adams Street, Fredericksburg, TX 78624 | 1-5 | 2.4 mi |
Stonewall Elementary School 220 Peach Street, Stonewall, TX 78671 | K-5 | 11.7 mi |
Fredericksburg Middle School 110 West Travis Street, Fredericksburg, TX 78624 | 6-8 | 1.9 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 959 S Eagle St
Date
Details
Price
Change
Source
6/15/2026
Price Reduced
$999,000
-20.08%
MLS
5/01/2026
Listed
$1,250,000
—
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 959 S Eagle St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$4,139
100%
$405,090
—
2023
-100%
$403,330
10%
2022
$1,592
—
$366,664
12%
2021
$1,592
—
$328,390
-14%
2022
$1,592
—
$380,530
—
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 959 S Eagle St
959 S Eagle St, Fredericksburg, TX 78624 (MLS# 104395) is a Farms/Ranches property with 3 bedrooms and 2 full bathrooms. 959 S Eagle St is currently listed for $999,000 and was received on May 01, 2026. Want to learn more about 959 S Eagle St? 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.

