Fredericksburg, TX 78624,106 S Lincoln ST
$2,937,000
Est. payment /mo
Est.Price: ?

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5 Beds
6 Baths
4,273 SqFt
SOLD DATE : 05/27/2025

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 4,273 sqft

Price per Sqft $601

Subdivision Fbg Add

MLS Listing ID 9252115

Style Low Rise (1-3 Stories),Entry Steps

Bedrooms 5

Full Baths 5

Half Baths 1

Year Built 1860

Tax Year 2020

Lot Size 5,183 Sqft

Property Sub-Type Single Family Residence

Property Description

Rare Investment Opportunity in the Heart of Fredericksburg

Built in the 1860s by one of Fredericksburg's original stonemasons, Lincoln Street Inn is a Texas Historical Landmark and Condé Nast Traveller-Recommended estate. Meticulously preserved and modernized, this turnkey short-term rental (STR) averages $177K per year in bookings, with significant revenue growth potential by separately leasing the Sunday House (guest house).

Sold fully furnished, the sale includes all furniture, linens, cookware, dishware, laundry facilities, and a hot tub—allowing for immediate operation.

Property Highlights:
Main Home: 4 en-suite bedrooms, a dining room, chef's kitchen, and utility room.
Sunday House (Guest House): Built in 2014, featuring soaring ceilings, an open floor plan, loft for additional bed and comes with king bed and en suite spa-like bath—ideal for guests or maximizing rental income.

Historic Charm & Modern Comforts: Upper and lower balconies offer a perfect spot to take in downtown Fredericksburg's energy.

Unmatched Location: Steps from Main Street's 150+ shops, restaurants, wine tasting rooms, and museums.
This is an exceptional opportunity for investors, boutique hoteliers, or business owners seeking a high-performing STR or a storefront/retail space in Fredericksburg's booming downtown. Own a piece of history while capitalizing on one of Texas' most sought-after destinations!

Location

State TX

County Gillespie

Area Gp

Interior

Heating Central, Zoned

Cooling Central Air, Zoned

Flooring Stone, Tile, Wood

Fireplaces Number 3

Fireplaces Type Living Room, Outside, Primary Bedroom

Exterior

Exterior Feature Balcony, Uncovered Courtyard, Rain Gutters

Fence Partial, Stone, Wood

Pool None

Community Features Curbs, Street Lights

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected

Waterfront Description None

View City

Roof Type Metal,See Remarks

Building

Lot Description Curbs, Landscaped, Level, Public Maintained Road, Sprinkler - Automatic, Trees-Moderate

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Frame,Stone

New Construction No

Schools

Elementary Schools Fredericksburg

Middle Schools Fredericksburg

High Schools Fredericksburg (Fredericksburg Isd)

School District Fredericksburg Isd

Others

Acceptable Financing Cash, Conventional, Owner May Carry, See Remarks

Listing Terms Cash, Conventional, Owner May Carry, See Remarks

Special Listing Condition Standard

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Listed by Vince Realty • Rick Orr
Bought with Compass RE Texas, LLC

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agent

Alfonso Rodriguez

+1(512) 215-4284

Realtor & Mortgage Loan Officer | License ID: 0700192

Realtor & Mortgage Loan Officer License ID: 0700192

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