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702 S Eagle St, Fredericksburg, TX, 78624

3beds
3baths
2,903sqft
$875,000
$301price/sqft
$5,581/moest. monthly cost
$223,240/yrincome needed

About This Home

Big in-town living with serious breathing room. 702 S Eagle delivers a Fredericksburg footprint that's increasingly hard to find: nearly an acre (.93 acres) inside the city limits with multiple living spaces, layered outdoor areas, and a private pool just minutes from Main Street. Stretch out on a deep, tree-studded lot with generous setbacks and privacy uncommon this close to downtown Fredericksburg. Mature trees, wide lawn areas, and thoughtful hardscaping create usable zones for everyday living and effortless entertaining—while still enjoying the convenience of in-town access. The 3-bedroom, 2-bath main residence blends classic Hill Country character with practical updates. A welcoming living area anchors the home and connects seamlessly to the dining space and well-appointed kitchen. The bedroom wing includes two secondary bedrooms and a hall bath, while the private primary suite features a spacious closet and en-suite bath. Natural light and comfortable proportions make the home move-in ready, with room to personalize over time. Connected under roof via a pass-through garage that opens on both sides—creating a breezeway-style transition—is a private 1-bedroom, 1-bath guest suite complete with its own living room and kitchenette. This secondary living space offers flexibility for multi-generational living, extended guests, private office use, or studio space. For buyers seeking income potential, the guest quarters may offer the opportunity for a short-term rental by right if the owner occupies the main residence, subject to City of Fredericksburg regulations and permitting requirements. In addition, a separate bunk room provides even more adaptable space for a game room, creative workspace, workout area, guest overflow, or storage. With multiple functional areas across nearly an acre, the property offers versatility rarely found within Fredericksburg city limits. Outdoor living is a standout feature. The resort-style pool is framed by shaded seating and open lounging areas, creating a true backyard retreat. An expansive covered porch extends the living space outdoors, making gatherings effortless. A dedicated exterior pool bath adds convenience and keeps wet traffic out of the main home. Ample off-street parking, easy yard access for projects, and room to organize tools and equipment enhance daily livability. City utilities, an established neighborhood setting, and close proximity to schools, services, and major corridors support an easy in-town lifestyle. Located just minutes from Fredericksburg's Main Street, restaurants, tasting rooms, boutique shopping, and cultural attractions, 702 S Eagle offers the rare combination of nearly one acre, flexible living quarters, potential STR opportunity, and true in-town convenience. With .93 acres inside the city limits, a 3/2 main home, attached 1/1 guest suite with kitchenette and living room, separate bunk room, private pool, and mature tree coverage, this property stands out for its scale, adaptability, and prime Fredericksburg location. All information deemed reliable but not guaranteed; buyer to verify.

Getting Around

39
WalkingCar-Dependent
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

5/10
6/10

Construction

Condition

  • Year built: 1976

Materials

  • Roof: Composition
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Hill Country Style
  • Property subType: Residential

Interior

Appliances

  • Laundry features: Washer-Dryer Connection

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Ceiling Fan(s),Pantry,Walk-In Closet(s),Guest Quarters
  • Fireplace features: Wood Burning Stove
  • Fireplace: Yes

Heating

  • Heating features: Central,Mini-Split

Interior Area

  • Total structure area: 2,903
  • Total interior livable area: 2,903 sqft

Property

Details

  • Parcel number: 20940
  • Zoning: R-2

Features

  • Levels: One
  • Patio & porch: Deck/Patio
  • Fencing: Privacy
  • Waterfront features: None
  • Topography of land: Level
  • Living area range: 2200-2399

Lot

  • Lot size: 0.93 Acres
  • Features: In City Limits

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Lightning
Strong Wind
Tornado
Winter Weather
Cold Wave
Drought
Wildfire

FEMA Declared Disasters Across Texas Counties

Fire
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,424$53,088
Home Insurance *$413$4,956
Property Taxes $426$5,112
Electricity $318$3,825
Total$5,581$66,972
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$191,348/yr
40% on housing$167,430/yr
45% on housing$148,826/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.6%
5.6%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$301This listing

vs Other Active Listings

Avg $/sqft

ZIP 78624$365
Gillespie County$404

vs Homes Sold Last Month

Median $/sqft

ZIP 78624$280
Gillespie County$236

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-02Contingent$875,000
2026-04-28Price change$875,000
2026-01-12Listed for sale$899,000
2026-01-09Listing removed$899,000
2025-10-10Price change$899,000
2025-09-19Price change$924,000
2025-07-19Price change$949,000
2025-07-17Price change$950,000
2025-05-15Listed for sale$999,000
2023-04-19Listing removed--
2022-09-30Listed for sale$1,250,000
2013-04-12Sold--
2012-08-28Price change$255,000
2012-06-22Listed for sale$270,000
2012-04-24Listing removed$270,000
2011-07-27Price change$270,000
2011-04-20Price change$299,000
2011-04-08Listed for sale$315,000
2011-02-17Listing removed$396,000
2010-12-03Price change$396,000
2010-11-13Price change$432,000
2010-08-30Listed for sale$449,500

For Sale by Agent

AgentLiza Smith
BrokerageeXp Realty-Absolute Charm Real Estate Group

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