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For sale
  • $1,890,000

    508 N Orange St, Fredericksburg, TX 78624

    4beds
    3,175sqft
    : 
    Single Family Residence
    Built in 1945
    0.42 Acres Lot
    $1,860,400 Zestimate®
    $595/sqft
    $-- HOA

    What's special

    Two additional living spacesBeautifully renovated main home
    Exceptional Income-Producing 5-Bedroom Fredericksburg Short-Term Rental with Proven Performance This established and fully operational 5-bedroom, 4-bath Fredericksburg short-term rental presents a rare opportunity in the heart of Texas Wine Country, with a projected gross revenue of approximately $180,000 for 2026 and a newly granted permit allowing up to 12 guests. Offering approximately 3,175 square feet of living space, the thoughtfully designed layout maximizes both comfort and income potential. The property includes a beautifully renovated main home along with two additional living spaces that create flexibility for large groups while maintaining privacy. One of the additional suites offers a private living area, bedroom, and full bath, ideal for guests seeking separation within a group setting. The second detached living space features an expansive living area with a kitchen, spacious bedroom, and full bath located just steps from the main home, allowing for seamless flow while preserving independence. This configuration is highly desirable in the Fredericksburg vacation rental market and supports strong group bookings. With over 100 five-star reviews and a consistent history of bookings, this high-performing Fredericksburg STR has built an exceptional reputation for quality, design, and guest experience. The expanded occupancy approval for up to 12 guests significantly enhances revenue capacity moving forward. Meticulously renovated, the property blends Hill Country charm with modern amenities and designer finishes throughout. Outdoor spaces are designed for entertaining and relaxation, including a charming well house converted into a bar area, a large pergola providing shaded gathering space, an irrigated yard shaded by mature pecan trees, and a hot tub that continues to drive guest appeal and repeat bookings. Most furnishings convey, offering a turnkey, income-producing investment property just minutes from Main Street Fredericksburg, boutique shopping, restaurants, live music, and the Highway 290 Wine Trail. This is more than a home - it is a proven, revenue-generating Fredericksburg vacation rental business with documented five-star performance, expanded occupancy approval, and strong projected growth.
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    Zillow last checked: 8 hours ago

    Listing updated: February 27, 2026 at 09:33am

    Listed by:

    Liza Smith TREC #509976 (830) 998-5853,

    eXp Realty

    Source: LERA MLS,MLS#: 1944654MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Area: 210
    • Dimensions: 15 x 14
    Bedroom 2
    • Area: 154
    • Dimensions: 11 x 14
    Bedroom 3
    • Area: 156
    • Dimensions: 12 x 13
    Bedroom 4
    • Area: 169
    • Dimensions: 13 x 13
    Primary bathroom
    • Features: Tub/Shower Combo, Double Vanity, Bidet
    • Area: 42
    • Dimensions: 7 x 6
    Dining room
    • Area: 121
    • Dimensions: 11 x 11
    Family room
    • Area: 192
    • Dimensions: 12 x 16
    Kitchen
    • Area: 300
    • Dimensions: 20 x 15
    Living room
    • Area: 165
    • Dimensions: 15 x 11
    Heating
    • Central, Other
    Cooling
    • Central Air
    Appliances
    • Laundry: Washer Hookup, Dryer Connection
    Features
    • Two Living Area, Master Downstairs, Ceiling Fan(s)
    • Flooring: Ceramic Tile, Wood
    • Has fireplace: No
    • Fireplace features: Not Applicable
    Interior area
    • Total interior livable area: 3,175 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    Lot
    • Size: 0.42 Acres
    Details
    • Parcel number: TX

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Roof: Metal
    Condition
    • Pre-Owned
    • New construction: No
    • Year built: 1945

    Utilities & green energy

    • Sewer: Sewer System
    • Water: Water System

    Community & HOA

    Community
    • Features: Other
    • Subdivision: Out/Gillespie County
    Location
    • Region: Fredericksburg

    Financial & listing details

    • Price per square foot: $595/sqft
    • Tax assessed value: $1,256,510
    • Annual tax amount: $16,009
    • Price range: $1.9M - $1.9M
    • Date on market: 2/27/2026
    • Cumulative days on market: 5 days
    • Listing terms: Conventional,Cash
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
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    Estimated market value

    $1,860,400

    $1.77M - $1.95M

    $2,652/mo

    Price history

    Price history
    DateEventPrice
    2/19/2026Listed for sale$1,890,000+5.6%$595/sqft
    Source: CHCBOR #101755 Report a problem
    10/2/2024Listing removed$1,790,000$564/sqft
    Source: CHCBOR #91260 Report a problem
    7/15/2024Price change$1,790,000-8.2%$564/sqft
    Source: CHCBOR #91260 Report a problem
    6/28/2024Listed for sale$1,950,000+62.5%$614/sqft
    Source: CHCBOR #91260 Report a problem
    2/10/2022Sold--
    Source: CHCBOR #83090 Report a problem
    12/21/2021Pending sale$1,200,000$378/sqft
    Source: CHCBOR #83090 Report a problem
    11/2/2021Listed for sale$1,200,000$378/sqft
    Source: CHCBOR #83090 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025-- $1,256,510
    2024$15,730 +2.2%$1,256,510
    2023$15,393 +2104.2%$1,256,510 +226.3%
    2022$698 0%$385,131 +10%
    2021$699 $350,119 +10%
    2020-- $318,290 +18.5%
    2018$696 $268,620 +2%
    2017-- $263,270 +18.6%
    2016-- $222,000 +5.4%
    2015-- $210,530 +7.3%
    2014-- $196,210
    2012-- $196,210
    2011-- $196,210 -4.5%
    2010-- $205,370 -4.6%
    2009-- $215,230
    2008-- $215,230 +54.5%
    2007-- $139,348

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $10,978/mo
    Principal & interest
    $9371
    Property taxes
    $1607

      Climate risks

      Neighborhood: 78624

      Getting around

      62 / 100
      Somewhat Walkable
      48 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Fredericksburg
      • Middle: Fredericksburg
      • High: Fredericksburg
      • District: Fredericksburg

      Source: LERA MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

      Local experts in 78624

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