23699 W Hwy 290, Harper, TX 78631
SINGLE_FAMILY - Harper, TX
- Added:
- May 11, 2026
- Days on Market:
- 42
- Last Refresh:
- Jun 21 at 1:06 am
Property Features for 23699 W Hwy 290
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking
- 4
- Standard status
- Active
- Size
- 1,558 SF
- Lot size
- 0.87 Acres
Utilities
- Utilities
- Cable Available
- Heating system
- Wall Furnace, Electric (Heating)
- Cooling system
- Wall Unit(s), Electric
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Wood
- Building materials
- Wood Siding
- Roof type
- Metal
Listing agent Jessica Robinson (254) 326-8676
Listing office R-Bar Realty 23941 US Highway 290, Harper, TX (254) 326-8676
Listing date May 11, 2026
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.
HighLights
- High visibility location on HWY 290, ideal for business or rental income.
- Unrestricted property offering endless possibilities for residential or commercial use.
- Income‑producing potential with the existing setup as two separate rental spaces.
- Charming 1900s farmhouse featuring 3 bedrooms, 2 full baths, and kitchenette's.
- Nearly a full acre of land with multiple decks for outdoor relaxation and entertaining.
- Seller offering $5,000 in concessions.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.1k | $22.56 |
| − Vacancy | −$2.1k | −$1.35 |
| EGI | $33.0k | $21.21 |
| − OpEx | −$9.9k | −$6.36 |
| NOI | $23.1k | $14.84 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Harper
- County
- Gillespie
- State
- Texas
- Longitude
- -99.2527105
- Latitude
- 30.2999347
