Property Details

royal oak

Fredericksburg, TX 78624

Property Description

Nestled on a serene 1.13-acre wooded lot in the charming Royal Oaks subdivision, this property is your gateway to creating the perfect Hill Country haven. The elevated terrain with 96-foot estimated elevation change offers stunning views and a tranquil setting perfect for your peaceful retreat. Step into the spacious 1,876 SF Main Residence, features a 3-bedroom, 2-bath split floor plan. Originally a 1982 mobile home, it now boasts a lovely stone and rock front facade. The open kitchen seamlessly connects to the great room making it an ideal space for family gatherings and entertaining. The enchanting Guest House, built in 2011, is a 748 SF mountain chalet-style cottage. It offers 1 bedroom and 1 bath with an open kitchen and great room layout. Relax on the 112-square-foot covered porch and soak in the breathtaking Hill Country views. There is also a 304 SF carport and a 160-square-foot storage area next to the Main Home, perfect for your vehicles and extra storage needs. The property also features a 120 SF pump house/storage area. Priced attractively at 95.26% of its 2024 appraised value this property offers tremendous value with a low tax rate of 1.056 and no HOA fees. Located in the prestigious Royal Oaks subdivision this property is among only 20 properties in the area. 8 lots each have an Appraised Tax value under $100,000. Excluding this property the remaining properties average an Appraised Value of $699,568 with two properties over $1M. This is an excellent opportunity to personalize and enhance your investment while staying below the average property value. The neighborhood belongs to ESRI's Prairie Living Tapestry Segment 6D, featuring self-employed, married-couple families living in single-family homes who value faith and outdoor activities. Additionally, it falls under ESRI's Cozy Country Living Lifemode Group 6, consisting of well-educated, affluent residents who appreciate the arts and are actively managing their finances as they begin to retire. The median household income is $111,255 with a median net worth of $580,190. Homeownership is high at 91% with 44% having no mortgage. Pets are common, with 55% owning dogs and 36% owning cats. This property's unique blend of charm, value and potential makes it an exceptional choice for your Hill Country dream home or investment. Don't miss out on this rare opportunity - schedule your viewing today!

• Type: Residential Property
• Year Built: 1982
• Cooling: Two Central
• Heating: Central
• Lot Size: 1.13 Acres