ActiveResidential · sale

652 OVERLOOK DR

Fredericksburg, TX 78624

$1,495,000

  • 3 beds
  • 2 baths
  • 2,200 sq ft
  • 21.92 acres
  • Built 2014

Listed by Hill Country Flat Fee Realty · MLS #2005711

652 OVERLOOK DR, Fredericksburg, TX 78624 — photo 1 View full photo
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PROPERTY QUESTIONS & SHOWINGS

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652 OVERLOOK DR, Fredericksburg, TX 78624 · MLS #2005711

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

The wood burning stone in the adjacent family room is the centerpiece of the home, creating a warm and welcoming environment for friends and family.

Year built

Built in 2014.

Property size

21.92 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

21.92 Ag. Exempt Acres, 2,200 SF, 3 single story, 3 bedroom, 2 bathroom Barndominium-style home loaded with character and style located just 6 miles from downtown Fredericksburg, Texas! Looking for space, freedom, privacy, low property taxes...well come take a look at 652 Overlook Drive. Relax in the custom swimming pool and spa while taking in the long range Hill Country views! The pool features a separate bathroom and shower in the small pool house. The entire property is fenced and cross fenced for your livestock. The private well also comes with a large concrete storage tank. The interior of the home features a gorgeous kitchen with quartz countertops, stainless steel appliances, including a propane gas cooktop, a built-in oven and microwave. The wood burning stone in the adjacent family room is the centerpiece of the home, creating a warm and welcoming environment for friends and family. All three bedrooms have their own distinct rustic, yet modern personalities with the primary bedroom featuring a 5 piece bathroom (separate vanities with granite counter, a tile walk-in shower, along with a separate soaking tub). The spacious laundry room will not disappoint with plenty of cabinets and countertops. The private outdoor shower is yet another fun feature! There is a barn for your all of your toys and vehicles along with a separate large covered carport as well as another spacious carport attached to the barndominium. There are two more covered parking structures, ideal for farm equipment or for an owner who needs additional storage space. Fredericksburg is one of the most popular towns in all of Texas with its' historic German-themed Main Street (think shopping and dining), as well as home to more vineyards and wineries than anywhere else in Texas. If you seek a lifestyle with land, low property taxes, ability to have livestock, enjoy hosting friends and family by the pool, need ample parking for vehicles and equipment all the while being located within short drive to Fredericksburg, put 652 Overlook Drive on your short list!
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THE NEIGHBORHOOD

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652 OVERLOOK DR, Fredericksburg, TX 78624

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2014
Full baths
2
Half baths
0
Cooling
Two Central
Heating
Central
Flooring
Vinyl
Exterior
Stone/Rock, Metal Structure
Pool features
In Ground Pool, AdjoiningPool/Spa, Fenced Pool
Subdivision
OUT/GILLESPIE COUNTY
Parcel
12740000001200
HOA
OVERLOOK AT BEAR CREEK
HOA amenities
None
Elementary school
Fredericksburg
Middle school
Fredericksburg
High school
Fredericksburg
Annual property tax
$6,464.00
HOA fee
$710.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$3,970.21
Estimated monthly rent$6,229.17
Cap rate3.44%

Annual operating income: $51,380.03

HOA: The listing source reports a $710.00 HOA fee, but not a usable payment frequency. HOA costs are not included in this estimate. Choose a monthly amount under Adjust assumptions.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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  1. Understand the opportunity.

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  2. Make a strong first impression.

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  3. Stay connected to your investment.

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Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #2005711 · San Antonio Board of Realtors

Listing brokerage: Hill Country Flat Fee Realty
Listing agent: Mark Phillips

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.