502 N Orange St, Fredericksburg, TX 78624

Welcome to 502 N Orange Street, an exquisitely renovated historic residence gracefully positioned on a coveted corner lot just three walkable blocks from Fredericksburg’s iconic Main Street.

Currently operating as one of the area’s top-performing short-term rentals—with hundreds of five-star reviews and approximately $90,000 in annual net income—this exceptional property offers both refined living and compelling investment appeal. Spanning 2,567 square feet, the home features four generously proportioned bedrooms, three elegantly appointed bathrooms, and a collection of thoughtfully curated spaces, including a recreation room and an intimate library or den.

Inside, timeless hardwood and tile flooring set a sophisticated tone, complemented by recessed lighting and statement chandeliers. The kitchen is designed to impress, outfitted with stainless steel appliances, a gas range, breakfast bar, and a light-filled dining nook framed by windows. The expansive primary suite serves as a private sanctuary, complete with its own sitting area, walk-in closet, dual vanities, and a beautifully finished walk-in shower.

The inviting living room, anchored by a fireplace, offers a warm and welcoming gathering space. Outdoors, the property continues to impress with a private, fenced yard ideal for entertaining or quiet relaxation, featuring a patio, grill, fire pit, and mature landscaping. A secluded spa provides a tranquil retreat just steps from the main home.

Additional amenities include central heating and air conditioning, a dedicated laundry room with washer and dryer, ample private parking, a storage shed, and curated window treatments throughout. Offered fully furnished, this turnkey property seamlessly blends historic charm with modern sophistication—an exceptional opportunity in the heart of Fredericksburg.

*This property is rented a lot, so showings can only happen when property is vacant.

Built in 1935, this corner lot home at 502 N Orange Street in Fredericksburg, Fredericksburg sits three blocks from Main Street and carries the character of the Texas Hill Country's early residential architecture while functioning as a completely modern living space. The 2,567 square foot house has been restored with genuine respect for its original bones - the masonry and stone exterior, period details, and spatial flow remain intact - while every functional system inside has been updated for real-world living.

The restoration focused on honest preservation. Original hardwood and tile flooring anchor the home's character, while recessed lighting and statement chandeliers were integrated without overwrought renovation theater. The kitchen works as a current owner would actually use it: stainless steel appliances, gas range, quartz counters, breakfast bar, and windows that frame the eating nook naturally. The four bedrooms and three full bathrooms follow the home's original bedroom count but with updated plumbing, fixtures, and finishes that don't pretend to be something they're not.

What makes this property notable is its dual function. As a residential home, the primary bedroom suite occupies the main floor with a sitting area, walk-in closet, dual vanities, and finished shower. Multiple living areas - including a recreation room and library/den - give the home flexibility that respects how people actually live. Outside, the corner lot's private fenced yard includes a patio, gas grill, and fire pit. Central heating and air conditioning, a dedicated laundry room, and a storage shed handle the practical requirements of a real household.

The property has also performed as one of Fredericksburg's top-rated short-term rentals, generating approximately $90,000 in annual net income with hundreds of five-star reviews. This dual income potential reflects a fundamental truth: when a home is restored thoughtfully and maintained properly, it appeals across multiple ownership models. At $536 per square foot on a 0.256-acre level lot, you're paying for location - three walkable blocks to Fredericksburg's commercial center - and for work that was actually done right.

Fredericksburg ISD schools serve the property. For those balancing Hill Country lifestyle with tech corridor work, the drive times to Austin's major employment centers remain reasonable from this central Gillespie County location. This corner lot offers the rare combination of authentic historic character and turnkey modern function, without the false choice between preservation and livability.