Cross Mountain Estates is a 3 acre, 12 unit, turn key rental complex with 100% occupancy with an additional 0.70 acre developable lot all zoned R2. Located in a beautiful quiet part of Fredericksburg, TX just at the base of Cross Mountain, this offering has a wide range of possibilities. Purchasers may acquire this asset as a turn-key rental complex or pursue a redevelopment or expansion strategy utilizing the property's scale, zoning, location, and developable land. This property includes 6 2bedroom/1.5 bathroom rental units, 3 2 bedroom/1 bath rental units, 1 2bedroom/2bath rental unit, 1 1bedroom/1 bath rental unit, a main house that is 3 bedroom/2.5 bath with an upstairs 1 bedroom/1bath efficiency apartment. The property has been well-maintained and property managers live on premise. 8 units have recently been updated and roofs were redone in October 2025 with Class 4 shingles which gives a significant insurance discount. Pricing and financials available upon request.