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Single-Story Short-Term Rental Cottage
For Sale
$649,000

1524 N Water St, Kerrville, TX 78028

MULTI_FAMILY - Cottage - Kerrville, TX

Property Size3,316 SF
Lot Size0.16 Acres
Price / SF$195.72
Days on Market132

Property Features for 1524 N Water St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MU
Parking features None
Patio and Porch features Patio
Appliances Electric Water Heater, Microwave, Electric Range, Refrigerator
Lot features Corner Lot, Level
Elementary school Tom Daniels
Subdivision 23-Westminster to 534
Standard status Active
Size 3,316 SF
Lot size 0.16 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air, Electric
Water source Public

Amenities

mini split systems
tankless hot water heaters
private patios
firepit

Building Details

Year built 1926
Number of units 4
Flooring type Wood, Vinyl
Building materials HardiPlank Type, Precast Concrete
Roof type Metal
Architectural style Cottage
Additional Structures Guest House
Listing Agency: Bock & Co LLC
Listed By: Kari Bock · License #592974
Added: Mar 31 Changed: Jul 31 Last Checked: Aug 9 at 7:06PM
MLS# 123931

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.

Renovated single-story 1920s cottage designed for short-term stays, configured as a main house with a full kitchen, living, and dining, plus three additional industrial-style bungalows out back. The main home includes 3 bedrooms and 2 baths, and each unit is independently updated with its own mini-split heating and cooling, along with tankless hot water heaters.

The property includes a private patio, and the home is finished with wood and vinyl flooring under a metal roof. Utilities are public, with public water and public sewer service. Appliances included are electric range, microwave, and refrigerator, along with an electric water heater.

Furnishings and appliances convey with the property, with the seller keeping all wall art. Parking is not listed, and the build materials include HardiPlank and precast concrete. Built in 1926, this arrangement can support living in the main house while renting the bungalows, or using the bungalows as the primary rentals.

Key Highlights

  • Renovated single‑story 1920s cottage configured for short‑term rentals
  • Main house plus three additional industrial‑style bungalows out back
  • Each unit has its own mini‑split HVAC plus tankless hot water heaters

Property Analytics

Current Use

Booker's Porta Potties Building Supply

Suggested Use

Top Pick Home Appliance Store Butcher Storage Facility Tanning Salon (Bike/Boat/Book/etc) Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,055
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Renovated single-story cottage set up for short-term rentals, with a main house plus three back bungalows and private patios.
Where is this short term rental property located?
The property is located at 1524 N Water St Kerrville, TX.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Renovated single‑story 1920s cottage configured for short‑term rentals; Main house plus three additional industrial‑style bungalows out back; Each unit has its own mini‑split HVAC plus tankless hot water heaters
More about this property
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