The Henry Henke House is one of Fredericksburg's earliest homes. Located In the Historic District. Hard to find dual tax ID property approved for BNB. 3 bedrooms, 1 full baths and 2 half baths. Wood floors. Original front porch. 190 SF Screened Porch and 430 SF Wood Deck added in 2016. 2 bedroom, 1 bath cabin built in 1997 designed to replicate an original Fredericksburg cabin. 14,073 SF corner lot. 0.2 MI walk to Downtown. No Flood Zone. 0.35 MI to Middle School. 58 Walk Score. 53 Bike Score. In Fredericksburg ISD. Under 90 Minutes to Austin and San Antonio. Low 1.72 Tax Rate. Showing Instructions: Must be accompanied. 24 hour notice required. Gloves and masks required. NORTHEAST OLD TOWN Bounded by Mulberry ST/Burbank ST/Morse ST to the North, Lee ST to the East, Austin ST to the South, Llano ST to the West, it is an original City of Fredericksburg residential area encompassing 334 homes. The average home was built in 1957, with 1,844 SF of HVAC space on a 14,357 SF lot. Northeast Old Town is one of the most stable Fredericksburg neighborhoods with a 4.2% annual turnover rate. The typical homeowner has owned their home 9.5 years. The average tax appraised value is $395,135 with the most expensive home valued at $2,177,240. In the past year, the property tax value for homes increased an average of 18.2%. Compared to Fredericksburg, Northeast Old Town Fredericksburg has: 35% higher population growth 9% higher $500K-$1M homes 77% higher $200K+ household incomes 85% higher $M+ household net worth 86% higher graduate degrees 38% higher undergraduate degrees 21% higher owner occupancy NORTHEAST OLD TOWN INVESTOR CONSIDERATIONS* Sale Price: $554,036 Sale Price per SF: $276 Sale Price / Tax Value: 124% Days on Market: 106 Value trends: Positive value trends projected for next 3 years Market Status: Neutral Market (neither a Buyer's nor a Seller's market) Months of Supply: 11.1 *Data from Central Hill Country Board of Realtors downloaded on 04/29/20. Tax Value from Gillespie Central Appraisal District downloaded on 4/29/20. Sale Price, Sale Price per SF, Sale Price / Tax Value and Days on Market are averages. Analysis by SWPRE. Other analysis performed for SWPRE Clients on request.