[[800]]1116 Thiele Lane is listed for sale at 299,000. The Single Family property has 3 bedrooms, 2 Full Bathrooms, 1576 square feet, and was built in 1982. The lot size is 23522.4 Square feet.[[500]]EXCELLENT DEVELOPMENT OPPORTUNITY! Opportunity meets potential on this .54 acre property located within Fredericksburg city limits. Zoned R-2, the property offers an opportunity for multi-family development with the potential for three residential units, and possibly more, subject to City approval and development requirements. Currently on the property is a mobile home that has been expanded and encased in wood siding, along with a detached carport and a separate storage building featuring two individual storage spaces with water and electricity service in place. Whether youre looking to reimagine the existing improvements, create a multi-unit residential project, or explore the full development potential of the site, this property offers options in a city where versatile residential land is worth a closer look. Buyer to verify development possibilities, density, utilities and requirements with the City of Fredericksburg.