$695.76 Per Sq Foot $15,960 est/mo Sourced by Back At You

106 S Lincoln St,Fredericksburg, TX 78624

Fredericksburg TX, 78624

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Description

Discover the Lincoln Street Inn, strategically located just off the Main Street entertainment district in historic Fredericksburgh. Built in the 1860s by a town pioneer and fully furnished, this property seamlessly integrates historical charm with modern luxuryideal for short-term rentals. The grand dining room, with its ornate black chandelier and expansive windows, showcases meticulous stonework complemented by a striking landscape painting, creating an elegant backdrop for guest interactions. The inn features four expansive en suite bedrooms, each offering a unique mix of antique charm and contemporary styling, from exposed stone walls and distressed wooden ceilings to vibrant art. The master suite is designed for relaxation with modern fixtures and plush textiles. Warm and inviting living areas include traditional stone fireplaces and a hot tub, enhancing the coziness of the space. The property also includes a sophisticated office area and a recently added two-story detached Sunday House with additional amenities for guests. Impressively maintained with a refined facade and landscaping, Lincoln Street Inn stands as a premier lodging choice. Significant recent capital investments in remodels, maintenance, and enhancements, along with a strong rental history, make this property an excellent opportunity for 1031 investors or those looking to build or expand their rental portfolio. Managed by an experienced national team, this true Texas gem is positioned in one of the state’s fastest growing tourist areas, celebrated for its vibrant Main Street district and surrounding wineries and breweries. Prospective buyers are encouraged to discuss future bookings and the property's rental history with the listing agent to grasp the full investment potential of incredible property..

Details

MLS#8412443
Listing TypeFor Sale
StyleHospitality
Sub-TypeResale
StatusActive
Year1860
Days On Site15
Listing Provided ByVince Realty | Rick Orr
Buying Commision2.000%

Features

SQ Feet4,273
Building(s)2
Acreage0.12
Water FrontYes
Property ViewCity

 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

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Listings Checked: 28 seconds ago
StateTX
CountyGillespie
CityFredericksburg
Zip Code78624
AreaGP
Community NameFbg Add
Listing VS Median (in Fbg Add)
Price:
$2,973,000
low | high
Med:
$1,836,000
88.24419778002% of Average
SqFt:
4,273
low | high
Med:
2,681
87.268897729932% of Average
$ / SqFt:
$696
low | high
Med:
$669
53.830383376862% of Average
On Site:
15
low | high
Med:
36.000000
41.666666666667% of Average
Sourced by Back At You
Listing Updated: June 3, 2024 at 6:05:30 PM PDT