Multifamily Cottage with
For Sale
$299,000
1520 Water St, Kerrville, TX 78028
MULTI_FAMILY - Cottage - Kerrville, TX
Property Size1,536 SF
Lot Size0.16 Acres
Price / SF$194.66
Days on Market132
Property Features for 1520 Water St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MU
Rooms
Laundry Room
Parking features
None
Accessibility
Accessible Approach with Ramp
Appliances
Electric Water Heater, Water Heater Installed, Dishwasher, Electric Range, Refrigerator
Lot features
Level
Elementary school
Tom Daniels
Subdivision
23-Westminster to 534
Standard status
Active
Size
1,536 SF
Lot size
0.16 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2012
Floors in Building
1
Number of units
1
Flooring type
Vinyl
Building materials
HardiPlank Type
Roof type
Metal
Architectural style
Cottage
Listing Agency:
Bock & Co LLC
(830) 459-6886
Listed By:
Kari Bock · License #592974
(830) 459-6886
Added: Mar 31
Changed: Jul 10
Last Checked: Aug 9 at 7:06PM
MLS# 123929
Copyright © 2026 Kerrville Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily cottage is currently operated as Hank's Bunkhouse, arranged with sleeping for six twin beds and one double Murphy bed. The sale includes the property and furnishings. The seller will keep certain wall art and saddles.
The listing notes that the layout supports larger group stays with a shared great room and private bunk rooms. The public remarks also indicate that the back of the building could be converted into separate, permanent bedrooms.
Zoned MU, the property is described as capable of commercial use as well. The location is described as within walking distance to the river trail, restaurants, shopping, and music venues. The property next door is also listed for sale.
The listing notes that the layout supports larger group stays with a shared great room and private bunk rooms. The public remarks also indicate that the back of the building could be converted into separate, permanent bedrooms.
Zoned MU, the property is described as capable of commercial use as well. The location is described as within walking distance to the river trail, restaurants, shopping, and music venues. The property next door is also listed for sale.
Key Highlights
- Current AirBnB property with furnishings included
- Potential for conversion to permanent bedrooms
- MU zoning allows for commercial use
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,718
Businesses Nearby
Explore this area
Business Placement
Demographics for 78028, TX
40,789
Population
19,285
Households
2.1
Avg Household Size
51
Median Age
32%
College-Educated
91%
High-School Grad
263.3 sq mi
ZIP Area
155
Density / Sq Mi
$65,486
Median Household Income
$35,884
Median Earnings
$1,097
Median Rent
$281,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Short term rental property - Residential income property currently furnished for short-term use, with MU zoning permitting commercial opportunities.
Where is this short term rental property located?
The property is located at 1520 Water St Kerrville, TX.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Current AirBnB property with furnishings included; Potential for conversion to permanent bedrooms; MU zoning allows for commercial use
