Victorian Mansion $1,250,000

The 1910 Victorian Mansion may be the prettiest house in Fredericksburg, TX, a destination town hosting over 1.5 million tourists per year. The home is over 6600 sq. ft. and offers 4 suites in the main home plus a private carriage house. You could easily live in part of the home and rent the rest. This property was a successful b&b from the day it opened in 2007, averaging $15,000 per month in revenues. For tax advantages, we have chosen to sell the property at this time as it was our homestead for two of the past five years. At this price the property is turn-key. With this deal, this is a trophy property you can actually afford! At the list price, everything is included in the sale price including furnishings, future bookings, etc. This includes a $40,000+ Henredon Bedroom suite in the Master Suite plus numerous antiques. Future bookings are included and reservations may continue to be made, if you choose, through Absolute Charm Reservations Service.

Details

  • Built in 1910
  • 2 years as B&B
  • Last renovation in 2004
  • 5 Guest Rooms
  • 5 Guest Bathrooms
  • 6600 sq ft
  • Lot size: 0.40 acres
  • 3 Parking Spots
  • $1,250,000
  • 66% annual. occ. rate
  • $155.00 avg daily rate
  • $180,000 gross revenue
  • $36,000 room revenue

Listing Agent

Tammy Sikes
223 E. Main St.
Fredericksburg, TX 78624
Phone: 1.830.9972749
 Cell: 1.866.2447897
 email: tammy@tearosequilts.com

Location

302 W. Travis St. Fredericksburg, TX 78624

Photos (click to enlarge)

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