Farms/Ranches: MLS #5098657 Kerrville, TX ^$ 985,000

Farms/Ranches: MLS #5098657

^$ 985,000

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Farms/Ranches: MLS #5098657

Name: address
Address: TX, 78028

Kerrville, TX, 78028

^$ 985,000

Bedrooms13 Baths9.0 Sq 5,192

Monthly Estimate*

^$ 6,881

Farms/Ranches for sale in Kerrville, TX

for $985,000 with 13 bedrooms and 9 full baths. This 5,192 square foot property was built on a lot size of 10.

Owner will consider Seller financing for qualified buyer. Picturesque 10-acre multi-family mobile home community, offering positive cash flow with 5 units, and room to grow. NOI is $74,935.00, yielding a 7.6 cap rate. The property is fully fenced and has a wet weather creek and pond. The units are serviced by a 480’ deep well which had a new pump installed in 2020, and also has a 2500 gallon storage tank and new booster pump installed in 2022. There is a spacious 18x30 metal workshop that currently stores the owner’s equipment. The five residential units are well maintained ranging from 1986-2018, with remodels in 2022. Each unit has a private fenced yard and views of the hills. The interior road provides access to each unit, and also to future sites.

Farms/Ranches Active

Price

^$ 985,000

Bedrooms

Full Bath

Property Type

Farms/Ranches

Taxes

^$ 1,815

Style

Lot Size

Town/City

Kerrville

County/Region

Kerr

MLS | Web ID

5098657

Features

General

Heating Central

Cooling Central Air

Utilities Electricity Connected Water Connected

Roof Shingle

Appliances Electric Oven Refrigerator

Patio/Porch Features Porch

Pool Features None

Construction Materials Wood Siding

View Creek/Stream

Property SubType See Remarks

Tax Year 2023

Waterfront Features None

Community Features Common Grounds

County Kerr

New Construction N

Property Type Farm

Energy Efficient None

Subdivision Name Hidden Valley Ranch

Green Sustainability None

Other Structures Workshop

Status Active

Directions This is agent open only. Once qualified buyer is established we will meet and disclose location. It is 7 miles outside of Kerrville

High School Outside School District

City Kerrville

Disclosures None

MLS Area Out of Area

Lot Size Square Feet 435600

Waterfront Y/N N

Street Name Camino Real

Elementary School Outside School District

Middle/Junior High School Outside School District

Additional Parcels Y/N N

Standard Status Active

Exterior

Fencing Fenced

Parking Features Detached Carport

Lot Features Level

Lot Size Acres 10

Road Surface Type Caliche

Horse Y/N N

Horse Amenities None

Interior

Full Baths 9

Total Bedrooms 13

Main Level Bedrooms 13

Total Baths 9

Internal Only

Street Number 1 385

* Excluded Features

List By

Brian Stamness

Listing Agent

Phyllis Browning Company

Broker

bstamness@phyllisbrowning.com

Affordability Calculator

$7,032

Per Month

Monthly Principal & Interest: $6,881
Monthly Property Taxes: $151
Monthly Home Insurance: --

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Down Payment

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Farm listings in Kerrville, TX

Average List Price ^$2,479,048

Percent of Sale Price 152%

About Kerrville, TX

23,799 Population

15% Since 2002

^$44,210 Median Income

43.02 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4362915 Elementary School

4362911 Middle School

Outside School District High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/11/2024	$985,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Austin Board of REALTORS(r)(alternatively, from ACTRIS)

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Austin Board of REALTORS(r)(alternatively, from ACTRIS) . Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS(r), ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied."

Data is updated as of 4/29/2024.

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Farms/Ranches: MLS #5098657

Farms/Ranches for sale in Kerrville, TX

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