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For Sale

$1,984,000

167 Northwest Hills Dr
Fredericksburg, TX 78624

GREAT INVESTMENT OPPORTUNITY! Don't miss this chance to own a well established long term rental complex. Nestled on the edge of town, Northwest Hills is a well maintained, multi unit apartment complex that is at 100% occupancy. The complex offers a total of 24 units and 12 of those are 2 bed / 1 bath units while the other half are 1 bed / 1 bath units; making a total of 36 bedrooms and 24 bathrooms. Plus every unit comes with covered parking for one car which is a very attractive feature for tenants which not many other complexes offer. Read More

Market Status
Sale Pending
Last Updated
June 13, 2021

Property Type
Commercial Property
Heating System
Central Furnace
Roof
Composition Shingle
Central Air
-
Heating Fuel
Electric
Parking
Parking Lot
Taxes
18219
Property Type
Commercial; Apartment

Local Market Conditions

There are currently 149 properties for sale in the Fredericksburg, TX area with the average listing price of $967,989. This represents an increase of +2.2% over the previous week. The 2 bedroom homes saw the largest increase in the average listing price over the previous week with a +8.1% increase. To learn more about the Fredericksburg, TX area, contact a local expert!

Market Snapshot for Fredericksburg, TX

Avg. Listing Price

$967,989

Wk ending Jun 12

$+21,181

+2.2%

w-o-w

149

1860

636

144

72

12

Average Listing Price for Fredericksburg, TX
No. BedroomsNo. Beds Week Ending
(Jun 12)
w-o-w Week Ending
(Jun 5)
Week Ending
(May 29)
Week Ending
(May 22)
All PropertiesAll $967,989 +2.2% $946,808 $889,502 $877,234
1 bedroom1 BR $149,900 -47.9% $287,450 $287,450 $357,967
2 bedrooms2 BR $809,250 +8.1% $748,648 $787,058 $809,417
3 bedrooms3 BR $730,979 +0.8% $724,952 $670,110 $670,985
4 bedrooms4 BR $1,336,028 +2.6% $1,302,315 $1,175,085 $1,190,578

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Listing Provided By:

Michael W. Starks

Phone
This $1,984,000 Commercial Property at 167 Northwest Hills Dr in Fredericksburg, TX is presented by Michael W. Starks. This $1,984,000 Commercial Property, located in the 78624 zip code, has the following property features: Roof, Heating Fuel, Taxes, Property Type. This 167 Northwest Hills Dr Commercial Property is listed under MLS listing number 81451 and has a listing price of $1,984,000. You can find more Fredericksburg homes for sale here.

Data Provided by Central Hill Country Board of Realtors

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