8th Jul, 2013

Income Producing Investment Properties in Fredericksburg Texas

Apparently, the only types of Fredericksburg Texas multi-family properties and other residential income- producing buildings need to blend with existing historic and Texas Hill Country real estate.  If the Fredericksburg City Council and developers listen to residents and get creative, there could be win/win new developments of income-producing properties, including condominiums.

In the Fredericksburg Standard Newspaper (7/2/2013), Matt Ward reported on recent developments regarding the construction of an 11-unit condominium project on South Lee Street.  The area is zoned R-2, or mixed residential, but so far it is comprised only of single-family residences (R-2).  Although residents wanted to change the zoning to R-1, the City Council could not agree.  At least one property owner purchased his land in Fredericksburg to use the R-2 zoning.

Fredericksberg TX homes for sale B & BDesign makes all the difference.  A builder sensitive to the neighborhood could add attractive condominiums with Hill Country design, accommodations for extra vehicles, and well thought-out landscaping and still blend into the quiet neighborhood.  Note the number of bed & breakfast establishments, all income-producing, within the Fredericksburg TX real estate markets and Gillespie County.  These are significant attributes for our charming community.

For example, our Texas real estate website has featured income-producing properties that formerly served as single-family residences.  Chateau Merlot and Chardonnay Hideaway downtown and ranch-style bed & breakfast cabins on Black Bear Lane are two of them.  These tastefully blend into their neighborhoods.

Architects could preserve property values by offering designs and embellishments.  Fredericksberg Real EstateInvestors and owners can help too by establishing and enforcing HOA guidelines.  After getting a slow start, the new Fredericksburg homes in the Condominiums at Carriage Park offer one solution to the needs for income-producing properties in Gillespie County.  Other buildings could use dimension, levels, entrances on various sides, attached garages, and trees and bushes to illustrate how a vacant lot can be transformed in a manner favorable to Hill Country neighbors.

For more information about investment properties in Fredericksburg, please call Dale E. Cook, MBA and owner of SAGE – Premium Texas Real Estate in Fredericksburg at (830) 992-0056.

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