5112 U.S. 290 198

Fredericksburg, TX 78624
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0.21 Lot Acres
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Description

4% seller financing with 50 percent down payment! No HOA dues currently - dues will start when community is 65% built-out, so probably late 2024. Arch Ray On The River is the most exciting new development in Fredericksburg. This offering is a RV and cabin land lot within the brand new gated Arch Ray resort. The .2 acre lot includes all utility hook-ups in place and ready including water, sewer, power and internet. RV pad size is 20 feet by 70 feet. You also have the option of building a two-bedroom cabin on the lot. This offers a great option to have a two-bedroom home to live in or rent out, as well as a covered large parking space for your RV. Best of all short term rentals are allowed, and Arch Ray even offers its own TurnKey Property Management company on site to take care of all the STR hassle so you don't have to. This is an excellent opportunity to own a personal getaway in a beautiful resort, that is also a money-maker by renting it out. If you built a small home, you could ren

MLS#
SABORTX-1750532
List Price
$199,000
Listing Status
For Sale
Address
5112 U.S. 290 198
State
TX
Zip Code
Subdivision
Arch Ray Resort
Legal Description
ABS A0106 P CABRERA #29, 119.54 ACRES
Property Type
Lots
Lot Size
0.21 Lot Acres/Appraisal District
Maintenance Fee
$260 / Monthly
Road Frontage
Private

Exterior

Lot Description
Wooded

Lot information

Lot Size
0.21 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered
Cash Sale, Conventional, Other
Other Fees
Yes / 260
Maintenance Fee
Mandatory / $260 / Monthly

Additional information

HOA Mandatory
Yes
List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

San Antonio Board of Realtors®
Source last updated Apr 29, 2024 at 09:32 PM
Listing last updated Mar 26, 2024 at 08:41 PM
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5112 U.S. 290 198, Fredericksburg, TX 78624. View photos, map, tax, nearby homes for sale, home values, school info...

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