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$950,000

Beds
3
Baths
2.0
sq ft
1,257

703 E Highway St, Fredericksburg, TX 78624

703 E Highway St

Fredericksburg, TX 78624

  • 13 days on market
Classic 1930’s Fredericksburg home turn Pink Glam House!. One of the most popular Short Term Rentals in Fredericksburg, an “Airbnb Guest Favorite” (one of the most loved homes on Airbnb according to guests). Not only is this a high revenue STR, there is also income from the monthly tenant in the 1/1 guest home. The main home, built in the 1931, was renovated in 2022 by the prior owners. Renovations included a new roof, updated electrical, HVAC, plumbing, windows, kitchen and baths. High ceilings and original wood floors and doors add to the historical charm. The main bedroom has adorable wallpaper and glam suite with 5 vanity spaces, large main bath has a huge walk in shower. The second bath offers a tiled tub / shower. The Glam theme is carried out throughout the home with pink furnishings, & fun retro decor. Outside enjoy the fire-pit, and custom cowboy pool/hot-tub. The large backyard is fenced and offers plenty of room for lawn games. The guest house is 1 bed,1 bath, full kitchen, living area, utility room, 11'x20' enclosed storage, covered porches in front and back and a separate fenced yard. The .37 acre lot is zoned R-2, has mature pecan trees and is completely fenced.

Details

Property type

Single Family Residence

Est. home value

$769,732

Lot size

0.3767 acres

Price per sq ft

$756

Year built

1931

Annual property taxes

$10,275

HOA

No

Price History

02/09/2025
Austin

Austin #4282790

Listed
$950,000

Schools & Community

Elementary school: 

Fredericksburg

Middle school: 

Fredericksburg

High school: 

Fredericksburg (Fredericksburg ISD)

High school district: 

Fredericksburg ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$432,856
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$441,144
Cash to seller
$432,856

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Security National Mortgage Co

Loan start date

May 2023

Original loan amount

$450,000

Est. remaining balance

$441,144

Interest rate

6.6%

Loan type

New Conventional, 30 year

Seller

Shelby Lovelace and Tucker Lovelace

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 11:45 AM

Listing updated: 02/10/2025 at 4:05 AM

Listed by: Tammy Pack, eXp Realty-Absolute Charm Real Phone #: (830) 990-0079

MLS: Austin #4282790

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