Fredericksburg Real Estate Search

Fredericksburg Properties under $200,000 for Sale

Our website features the best real estate search for under $200,000 properties available in Fredericksburg and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest Fredericksburg Properties under $200,000 for Sale

$199,900
1967356 MLS ACTIVE Status
Welcome to Fredericksburg! an incredible opportunity to own a premier 4-acre tract in the heart of the Texas Hill Country, perfectly positioned for a dream home, private retreat, or income-producing Airbnb. This stunning, tree-covered property showcases a beautiful mix of mature oaks and offers breathtaking, long-range views that truly capture the essence of Hill Country living. Enjoy the prestige of a Fredericksburg address while being outside the city limits, giving you flexibility and freedom, all while remaining conveniently located near Interstate 10 and just minutes from downtown Kerrville. Situated approximately 13 miles south of Fredericksburg on Hwy 16 S, the highly sought-after Oakwater Subdivision blends rustic charm with elevated design and a strong sense of community. Picture yourself unwinding on your future patio, enjoying a glass of locally crafted Fredericksburg wine as you take in the sweeping valley views-this is the lifestyle buyers are searching for. The community offers thoughtfully designed amenities, including covered pavilions and a playground, creating a welcoming environment for both homeowners and guests. Sensible deed restrictions are in place to preserve the beauty, integrity, and long-term value of the neighborhood, making this not just a purchase, but a smart investment. Significant improvements are already underway, with underground utilities being installed, a water well already drilled, and streets nearing completion. Septic will be required, allowing buyers the flexibility to design to their preferences. With no required timeline to build, this property offers the rare advantage of securing prime land now while planning for the future. Deed restrictions allow for short-term rentals and support a multigenerational vision, with a minimum primary residence of 1,400 square feet and up to two additional structures of similar design and materials, each with a minimum of 600 square feet. This is more than just land-it's a chance to own a piece of the Hill Country in a growing, desirable community with strong upside potential. All information deemed reliable but not guaranteed.

LOT 2 Oakwater, Fredericksburg

$199,900
1919908 MLS ACTIVE Status
Location, lifestyle, and luxury. Welcome to FIREFLY. Lot 232 is a pull thru lot, with beautiful hill country views. This property offers an ideal retreat for RV or tiny homeowners seeking a peaceful yet amenity-rich location in the Texas Hill Country. Offering convenient access to community features and nearby attractions. Prime location and quiet setting, perfectly positioned to provide tranquility all while being a short walk from the community pavilion, pool, and other resort amenities. Nearby destinations include Luckenbach, the Texas Wine Trail, and Fredericksburg's Main Street. Fully equipped for RV or tiny home: The site includes all necessary utilities and hookups for RVs or tiny homes, with a pull thru concrete pad, making it ready for immediate use or leverage it as an income-generating rental with then property managements support. Firefly Resort offers world-class amenities such as a two-tiered pool with splash pad and infinity waterfall, playground, dog park, clubhouse with game areas and laundry, outdoor kitchens and grills, live weekend music, and security with a guardhouse and cameras. Investment and rental opportunities: Owners can enjoy the property as a personal getaway or generate income through on-site property management services that facilitate renting the lot when not in use. This Lot is located near the Phase 3 development, which includes additional amenities, including an adult-only heated pool and pickleball courts.

5386 Ranch Road 1376 #232, Fredericksburg

$198,990
1820654 MLS PRICE CHANGE Status
Discover your ideal escape on this expansive 10.05-acre property in the coveted Ranches at Overhills in Fredericksburg, Texas. This level lot, requiring minimal excavation, offers a perfect foundation for various rural pursuits with immediate access to utilities and a private, HOA-maintained road system. With no build time restrictions, you can plan and develop at your own pace-even holding off construction for years if needed. Short-term rentals are also permitted, creating an excellent opportunity for income generation. This versatile property welcomes a range of lifestyle options: establish a homestead with livestock, poultry, or an agricultural venture, from vibrant vineyards and pecan groves to aromatic lavender fields and lush hay meadows. Ideal for those dreaming of a peaceful yet productive lifestyle, this property also supports a bed-and-breakfast operation within the main dwelling or a separate guest house, perfect for sharing the unique charm of Fredericksburg with visitors. Embrace creative work with "cottage industry" flexibility, allowing artistic pursuits like woodworking, photography, or sculpture. Just 15 minutes from the cultural amenities of Fredericksburg, this acreage blends the tranquility of country living with easy access to city conveniences. Key Property Features: Ready-to-use electrical panel and level terrain No build time restrictions, allowing for flexible development timelines Short-term rentals permitted for additional income opportunities Livestock and poultry raising permitted (except swine) Ideal for vineyards, orchards, lavender fields, and hay meadows Bed-and-breakfast opportunity within the home or guest house Private roads maintained by the Property Owners Association Dedicated utility easements for efficient setup and maintenance Envision your rural retreat in one of Texas' fastest-growing regions. Secure your piece of Ranches at Overhills and bring your homestead dreams to life on your schedule. ASSUMABLE LOAN AT 4.375%!

Overhills Rd., Fredericksburg

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IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. 

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