Investment Opportunity! Falling Star is a thriving STR on 6 UNRESTRICTED acres just minutes from Fredericksburg's Main Street, wineries, and shopping. With over 300 five-star reviews, this stucco & straw-bale home is a proven performer. The open layout features high ceilings, rustic concrete floors, and custom finishes. Recently updated to include a full kitchen. Special touches include a unique indoor rock fireplace and jetted tub, as well as an indoor and outdoor shower. Outdoor highlights include a private hot tub and pergola-covered deck, surrounded by native landscaping. With no restrictions and plenty of usable land, there's excellent potential to add more STR units or guest cottages for added income. Whether you continue it as a rental, use it as a guest house, or generate income while adding a personal residence, Estrella Fugaz (Shooting Star), Charming Cabin, & La Casita offers rare flexibility, charm, and income-producing potential in the heart of the Texas Hill Country. The property is versatile w/ no restrictions, mature post oak trees & breathtaking sunsets. Manufactured home to be removed.
For sale
$1,349,000
74 Friedrich Cemetery Rd, Fredericksburg, TX 78624
4beds
3,994sqft
Est.:
Residential
Built in 2022
6.91 Acres Lot
$-- Zestimate®
$338/sqft
$-- HOA
What's special
Unique indoor rock fireplaceMature post oak treesIndoor and outdoor showerHigh ceilingsPrivate hot tubFull kitchenJetted tub
- 46 days |
- 149 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: March 05, 2026 at 01:25pm
Listed by:
Mimi Bartel & Adam Carroll,
Fore Premier Properties
Source: CHCBOR,MLS#: 101739
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central
Appliances
- Laundry: Washer-Dryer Connection
Features
- Ceiling Fan(s), Formal Dining Room, High Ceilings, Pantry, Storage, Walk-In Closet(s), Guest Quarters, High Speed Internet
- Windows: Double Pane Windows
- Has fireplace: Yes
- Fireplace features: Masonry, Outside
Interior area
- Total structure area: 3,994
- Total interior livable area: 3,994 sqft
Video & virtual tour
Property
Features
- Levels: One
- Patio & porch: Deck/Patio
- Has spa: Yes
- Spa features: Bath
- Waterfront features: None
Lot
- Size: 6.91 Acres
- Features: Outside City(w/Acrg)
- Residential vegetation: Wooded
Details
- Additional structures: Guest House, Number of Guest Houses: 3
- Parcel number: 181896
- Zoning: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Hill Country Style
- Property subtype: Residential
Materials
- Stucco
- Roof: Composition
Condition
- New construction: No
- Year built: 2022
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Fredericksburg
Financial & listing details
- Price per square foot: $338/sqft
- Tax assessed value: $68,170
- Annual tax amount: $10,787
- Date on market: 2/16/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/16/2026 | Listed for sale | $1,349,000$338/sqft |
Source: | ||
| 2/1/2026 | Listing removed | $1,349,000$338/sqft |
Source: | ||
| 7/25/2025 | Listed for sale | $1,349,000+4.2%$338/sqft |
Source: | ||
| 12/30/2024 | Listing removed | $1,295,000$324/sqft |
Source: | ||
| 10/3/2024 | Price change | $1,295,000-21.5%$324/sqft |
Source: | ||
| 8/10/2024 | Price change | $1,650,000+27.4%$413/sqft |
Source: | ||
| 7/16/2024 | Listed for sale | $1,295,000$324/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $68,170 |
| 2024 | $713 -1.3% | $68,170 |
| 2023 | $723 -7.4% | $68,170 +13.4% |
| 2022 | $781 +5.8% | $60,100 +9.3% |
| 2021 | $738 | $54,990 +10.1% |
| 2020 | -- | $49,960 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,704/mo
Principal & interest
$6557
Property taxes
$1147
More affordability tools
Climate risks
Neighborhood: 78624
Nearby schools
GreatSchools rating
- 5/10Fredericksburg Elementary SchoolGrades: 2-5Distance: 9.2 mi
- 5/10Fredericksburg Middle SchoolGrades: 6-8Distance: 9.2 mi
- 6/10Fredericksburg High SchoolGrades: 9-12Distance: 9.8 mi
Schools provided by the listing agent
- District: Fredericksburg
Source: CHCBOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 78624
- Texas
- Gillespie County
- Fredericksburg
- 78624
- 74 Friedrich Cemetery Rd






