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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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702 S Washington Hwy , Fredericksburg, TX 78624
$2,650,000
Est. Payment: $13,656.00/mo
0 Bed
0 Bath
11700 Sqft
Status: active | Days on site: 114
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Jeannette Spinelli
Broker Associate & Founder

House Description

Prime commercial investment opportunity in the heart of Fredericksburg, Texas. Situated at 702 S. Washington Street (State Highway 87), this property offers exceptional visibility and access along a high-traffic corridor just minutes from Fredericksburg’s historic Main Street, a premier destination in the Texas Hill Country. Fredericksburg’s robust tourism economy, anchored by its renowned wineries, hospitality sector, and vibrant downtown, drives consistent year-round visitor traffic and supports strong commercial demand. The site benefits from direct frontage on SH 87 with convenient access to U.S. Highway 290, connecting Austin, San Antonio, and the Hill Country wine region. According to Texas Department of Transportation (TxDOT) data, S. Washington Street experiences approximately 7,000–10,000 vehicles per day, providing excellent exposure. Nearby Highway Street supports additional traffic of 2,000–7,000 vehicles daily, reinforcing steady local circulation and accessibility. Surrounded by established residential neighborhoods, lodging properties, and local businesses, the property benefits from a dynamic mix of local consumer base and tourism-driven activity. Continued population growth and sustained visitor demand position Fredericksburg as one of the strongest small-market investment environments in Texas. Key Highlights • Prime frontage on S. Washington Street (SH 87) • High visibility with strong daily traffic counts • Proximity to Main Street retail, dining, and wineries • Located in a high-demand, tourism-driven market • Flexible commercial potential (buyer to verify zoning and uses) • Partially approved strip center plans convey with sale • Improvements offered “as-is” Ideal for retail, office, hospitality, or redevelopment, this offering presents a rare opportunity to acquire a strategically located asset in one of the most desirable commercial corridors in the Texas Hill Country.

Highlights

Listed by Michele Smith , (325) 347-4702 Reata Ranch Realty, LLC , (830) 992-3045. Austin MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
1.95

Year Built

1992

County

Gillespie

Area

GP

Neighborhood

G E Co #50

Listing ID

5684016

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Floor:See Remarks
Other:Public

Exterior Features

Zoning:C-2
Others:See Remarks
Sewer:Public Sewer,See Remarks
Parking Features:See Remarks
Principal Interest
$13,656
Taxes
$1,390

Home Price

$2,650,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$530,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13,656.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,656.00 $1,389.79 $0.00 $15,045.79
Yearly $163,871.95 $16,677.52 $0.00 $180,549.47
Total $4,916,158.40 $500,325.60 $0.00 $5,416,484.00

Today's Rates

30 Year

6.68%

20 Year

6.71%

15 Year

6.08%

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Market insight data is pulled from the same city as the listing being viewed (Fredericksburg, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Spinelli Residential Group | KW - Austin Portfolio Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Austin MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-07-30T10:20:28.000Z

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