Renovated Short-Term Rental
For Sale
$649,000
1524 N Water St, Kerrville, TX 78028
Residential Income, Kerrville, TX
Property Size3,316 SF
Lot Size0.16 Acres
Price / SF$195.72
Days on Market178
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
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
(830) 459-6886
Listed By:
Kari Bock · License #592974
(830) 895-7771
Added: Mar 31
Changed: Sep 16
Last Checked: Sep 24 at 9:06AM
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.
This MU-zoned short-term rental property combines a renovated 1920s cottage with three additional industrial-style bungalows. The main residence contains three bedrooms, two bathrooms, a full kitchen, living and dining areas, and 1,524 square feet. Across the property, the four units total 3,316 square feet on 0.16 acres. Each bungalow includes a mini-split heating and cooling system and a tankless water heater.
The property is currently used as an Airbnb, although the sale includes the real estate only and not a business. Furnishings and appliances convey, excluding the seller’s wall art. Private patios and a firepit provide outdoor amenities, while the Kerrville setting offers access to restaurants, walking trails, music venues, and shopping. Public water and sewer serve the property, and parking is listed as none.
The property is currently used as an Airbnb, although the sale includes the real estate only and not a business. Furnishings and appliances convey, excluding the seller’s wall art. Private patios and a firepit provide outdoor amenities, while the Kerrville setting offers access to restaurants, walking trails, music venues, and shopping. Public water and sewer serve the property, and parking is listed as none.
Key Highlights
- Four‑unit property with a 1,524‑square‑foot main house and three additional bungalows
- 3,316 square feet on a 0.16‑acre lot
- Main residence offers 3 bedrooms, 2 bathrooms, kitchen, living, and dining areas
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,055
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Short term rental property - 1920s cottage with three additional renovated bungalows, private patios, and flexible live-work rental potential.
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: Four‑unit property with a 1,524‑square‑foot main house and three additional bungalows; 3,316 square feet on a 0.16‑acre lot; Main residence offers 3 bedrooms, 2 bathrooms, kitchen, living, and dining areas
