207 E  Walnut St, Fredericksburg, TX 78624
FOR SALE
0.4 ACRES

207 E Walnut St
Fredericksburg, TX 78624

  • 3 Beds
  • 2 Baths
  • 1,602 sqft (on 0.40 acres)

$683,000

Est. Mortgage $4,038/mo*

$683,000

Est. Mortgage $4,038/mo*
3 Beds
2 Baths
1,602 sqft
(on 0.40 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Discover the delightful Walnut Street Guest House with a short term rental permit, affectionately known as "The Pink Palace." This unique pink brick Mid-Century modern home was built in 1956 and is situated on a large .40 acre corner lot, adorned with a magnificent oak tree. The house is 1602 sqft with 3 bedrooms and 2 baths and is operating as a short term rental property with a transferable permit. This trending neighborhood was originally developed with a surge of homes in the 1950s, just up the street from the HEB and the historic Old Peanut Factory. The owners have meticulously updated and maintained the home blending modern conveniences with its original 1950s charm - new tile, granite countertops, updated lighting, updated bathrooms and new water lines throughout and stainless steel appliances in the kitchen. The house has a perfect flow where the kitchen, dedicated dining area, laundry and lovely outdoor back patio are all on the west side and the bedrooms are on the east side. There is abundant off-street parking and you are just blocks away from vibrant downtown Fredericksburg that offers shopping, restaurants, wine tasting rooms, The Nimitz & Pacific War Museums, and Marktplatz. Additionally daily conveniences such as Methodist hospital, HEB shopping, both private & public schools and local amenities including the Fredericksburg Racquet Centre - 10 acre site with 8 tennis courts, 8 pickle ball courts and walking trails (phase one completion in May 2027) are all easily accessible. THE OWNER WILL CONSIDER A LONG TERM LEASE OPTION - call agent for more details.

Home Highlights

Parking
No Info
Outdoor
Patio, Deck
A/C
Heating only
HOA
None
Price/Sqft
$426
Listed
91 days ago

Home Details for 207 E Walnut St

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1602 Square Feet
Appliances & Utilities
Laundry: Washer-Dryer Connection
Heating & Cooling
Heating: Central,Natural GasHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: NoneNo Fireplace
Windows, Doors, Floors & Walls
Window: Window Treatments
Levels, Entrance, & Accessibility
Levels: One

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Deck/Patio
Parking & Garage
No CarportNo GarageNo Attached Garage
Frontage
Waterfront: None
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Topography: Level

Days on Market

Days on Market: 91

Property Information

Year Built
Year Built: 1956
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential
Building
Construction Materials: BrickNot a New Construction

Price & Status

Price
List Price: $683,000Price Per Sqft: $426

Active Status

MLS Status: Active

Location

Direction & Address
City: FredericksburgCommunity: Henry Maier
School Information
Elementary School District: FredericksburgJr High / Middle School District: FredericksburgHigh School District: Fredericksburg

Agent Information

Listing Agent
Listing ID: 101657

Building

Building Area
Building Area: 1602 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.40 acres

Miscellaneous

Mls Number: 101657Living Area Range Units: Square FeetAttribution Contact: 8309976041
Last check for updates: about 14 hours ago
Listing courtesy of Anna Wynne-Smith
Portfolio Real Estate - KW
Brittney Horton
Portfolio Real Estate - KW
Source: CHCBOR, MLS#101657

Price History for 207 E Walnut St

DatePriceEventSource
02/05/2026$683,000Listed For SaleCHCBOR #101657
02/02/2026$683,000ListingRemovedCHCBOR #98029
06/20/2025$683,000Listed For SaleCHCBOR #98029

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Property Tax and Assessment

Year2025
Tax
Assessment$514,230
Home facts updated by county records

Comparable Sales for 207 E Walnut St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.38
Single-Family Home
-
08/15/25
3
2
1,914
0.41
Single-Family Home
-
02/09/26
5
1.5
2,240
0.53
Single-Family Home
-
02/03/26
3
3.5
1,328
0.54
Single-Family Home
-
08/29/25
3
2
1,920
0.30
Single-Family Home
-
06/20/25
3
1
1,296
0.47
Single-Family Home
-
06/10/25
2
2
1,408
0.51
Single-Family Home
-
08/14/25
3
4
1,468
0.62
Single-Family Home
-
04/07/26
3
2
1,337
0.70
Single-Family Home
-
05/15/25
3
2
1,845
0.60
Single-Family Home
-
10/23/25
3
2
2,148

Assigned Schools

These are the assigned schools for 207 E Walnut St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Fredericksburg

At least 104 Trulia users voted on each feature.
  • 88 % Say car is needed

  • 85 % Say it's dog friendly

  • 84 % Say there's holiday spirit

  • 78 % Say yards are well-kept

  • 72 % Say people would walk alone at night

  • 64 % Say there's wildlife

  • 63 % Say it's quiet

  • 58 % Say kids play outside

  • 54 % Say neighbors are friendly

  • 53 % Say parking is easy

  • 51 % Say they plan to stay for at least 5 years

  • 45 % Say streets are well-lit

  • 44 % Say it's walkable to restaurants

  • 33 % Say it's walkable to grocery stores

  • 31 % Say there are sidewalks

  • 30 % Say there are community events

Learn more about our methodology.
  • Benhartmann01
    "Amazing town continues to grow and is a winery and vacation destination. Great place to raise your children."
  • Diacovo
    "Many kids, families walking, at parks, at restaurants, & at church! People are friendly. The only problem is the 290 traffic can be heavy."
  • Fallontrevino98
    "Any events at Market Platz, we always end up going and having a blast, most events are kid friendly. With food vendors, music, drinks. "
  • Jsb58_1999
    "No sidewalks, no park in my neighborhood All are friendly, they all pick up their poop. Only street lights in each corner. Every one uses a leash when walking their dogs."
  • Meghan C.
    "Nice walkable neighborhoods. Lots of hills. Rural route with minimal traffic. Wish my house had a fence. "
  • Stephy922
    "Just chatting and helping each other out when needed makes my neighbors special. I feel lucky we don’t need any special event or reason "
  • Ana T.
    "Wineries in the area bring tourists to the town and keep things lively. The city hosts many festivals throughout the year which have something for everyone. Very friendly and fun town with great shopping from local businesses. "
  • Fancycupcake13
    "Fredericksburg has several cute specialty shops on Main Street. Good shopping, good food, and great wine! "
  • Stephy922
    "I know my neighbors on a first name basis. Feel safe. People check on each other and truly care. "
  • Tonya L. G.
    "You see people walking their dogs all the time in this neighborhood. I walk my dog all over the neighborhood every morning afternoon and evening. "
  • Harold C.
    "This town is a idyllic place to live. This town has a low crime rate and is a family friendly place to live. "
  • Harold C.
    "This is a great small town to live in, we are close to San Antonio and Austin. We have a robust wine industry here that has 50+ wineries in our area and brings tourists from all over the State and beyond. "
  • Alyssa T. M.
    "Very cliquey group of moms, all the local moms have strong ties to the community & can certainly make new moms feel uncomfortable. Great school district & extra curricular activities including sports, FFA, & many more. Daycare is expensive & only one in the area accepts children under 2 years old. Lots of children ride bikes to school. Insane school car rider line. Very involved & active community "
  • Shelly
    "2-5 min depending on time of day. I don’t work here so if I am commuting it is to shopping and restaurants."
  • Emily.Arnold10
    "Cul de Sac. Trees. Xeriscaping. Daycare. Edge of town but still 11 blocks from main. Nice people. Dog friendly. Easily walkable. "
  • Ashley
    "I've lived in this town for 22 years. It's a popular tourist destination, very friendly and safe school system. "
  • Roger W.
    "It’s a great place to live if you have money, it’s expensive to live here the rent is out of hand. Excessive."
  • Kp7477
    "Neighbors are always walking with their dogs. The Wellness Center is packed at 6:00 am when I leave got work. Fbg seems like a healthy conscious kind of town. It’s nice and easy to live here. "
  • John T. L.
    "Most neighborhoods in FBG are tight knit. Always helping each other keep a close eye on our community. "
  • Lee A.
    "Too many lights. I definitely wish we weren’t a tourist town. Stupid people from all over the US who don’t know how to drive."
  • Lee A.
    "Fredericksburg is a tourist town. There are lots of locally owned stores and restaurants and many vineyards nearby. I love this town."
  • John T. L.
    "To many to count, their is something new every weekend. My favorite would have to be game dinner. But main street has some of the best food and hospitality."
  • Betsy
    "Wide open streets, tall pecan/oak trees, friendly folks, clean neighborhoods, pet friendly, nearby open ranch/pasture land, and 4 block walk to Main St."
  • Betsy
    "Have lived here 6 yrs & know most of our immediate neighbors. Hope to learn more about new neighbors that have recently bought. B & B's owners are harder to get to know."
  • Bob S.
    "I have lived in Fredericksburg since 1989 and have been a Realtor here since 1994 and have sold both city homes and land and homes in and around Gillespie County. Having moved here from San Antonio to get our children to a smaller school. I would not live anywhere else. The town has a great old historic Main Street that attracts 25,000 tourist a weekend and over 375 B&B's both small in town Sunday Houses or homes out on the many ranches. This with our wine industry has made our town the #1 destination in Texas. But, it is also a great retirement area or safe place to raise children. We have a very active housing MLS system with a lot of different homes from small historic homes to newer custom homes in or out of town. Email me when you need more information about our town."
  • Bee B.
    "If you have never been to the Hill Country now it the time to see what we have going on all the time. Peace and Quite or lots of fun , it is truly a special place to be."
  • Sherry P. C.
    "Wonderful safe area with easy living and amenities galore. You can find everything you want or need in Fredericksburg including very high quality Medical Care in a state of the art Hospital with Wellness facility. This is a very vibrant and active community with something for everyone. Churches of every denomination are available and Festivals and Activities to attract every interest are available here. Be as active as you wish or simply enjoy the surrounding. This is a very beautiful part of the State of Texas."

LGBTQ Local Legal Protections

Anna Wynne-Smith, Portfolio Real Estate - KW
Copyright Central Hill Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
207 E Walnut St, Fredericksburg, TX 78624 is a 3 bedroom, 2 bathroom, 1,602 sqft single-family home built in 1956. This property is currently available for sale and was listed by CHCBOR on Feb 5, 2026. The MLS # for this home is MLS# 101657.