511 W Austin St, Fredericksburg, TX 78624 (MLS # 100534)

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View Virtual Tour PRICE $999,000 BEDS 2 BATHS 2 HOME SIZE 1,328 sqft LOT SIZE 9,584 sqft Request More Info Schedule a Showing

Welcome to the Alden Haus and Clara's Cabin a block away from Main Street. 511 W Austin St in Fredericksburg. Offer a distinctive short-term rental compound with three permitted short term rental units and a walkable in-town setting. The property combines early-1930s craftsman style character with thoughtful updates, creating a comfortable Hill Country getaway close to dining, tasting rooms, and shopping. The main residence, Alden Haus, offers a 2 bedroom, 2 bath (can technically be rented out as 2- 1 bedroom and 1 bath) with inviting living and dining spaces that function well for both weekend visitors and longer stays. Original charm is complemented by modern conveniences, giving guests a relaxed, charming and inviting experience. Clara's Cabin, the detached guest house, provides a separate, private space with its own entrance and a soothing hot tub for unwinding at the end of the day. Guests can enjoy a unique private and quiet retreat while still being only a short distance from the main house and Fredericksburg's core attractions. Rent out as a compound or as multiple units. With three short-term rental permits in place, the property can operate as three distinct rentals, as an owner-occupied home with income-producing units, or as one larger compound reserved for groups who wish to stay together. This flexibility supports a range of operating strategies, from a fully investment-focused approach to partial personal use. Being in one of the Texas Hill Country's most active lodging markets further enhances the potential for strong occupancy and attractive revenue. Situated on nearly a quarter-acre lot offers outdoor areas for relaxing, gathering, and making unforgettable memories, along with the convenience of off-street parking and a neighborhood feel near the center of town. For buyers seeking a centrally located, fully permitted short-term rental property with multiple rentable configurations and established names this property is the one Fredericksburg getaway that you DON'T want to getaway!