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    Kerrville, TX 78028

    For Sale
    $1,100,000

    MULTI_FAMILY - Kerrville, TX

    Property size:
    4,896 SF
    Lot size:
    0.42 Acres
    Days on Market:
    270
    Last Refresh:
    Dec 13 at 9:06 am

    Property Features for

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    ETJ
    Parking features
    Carport
    Interior features
    Walk-In Closet(s)
    Exterior features
    Stairs/Steps
    Appliances
    Electric Water Heater, Electric Range, Refrigerator
    Size
    4,896 SF
    Lot size
    0.42 Acres

    Utilities

    Heating system
    Electric (Heating), Central
    Cooling system
    Electric, Central Air

    Building Details

    Year built
    1981
    Floors in Building
    2
    Number of units
    8
    Flooring type
    Tile
    Building materials
    Brick Veneer, HardiPlank Type, Wood Siding
    Roof type
    Composition

    Arden Hills Realty (830) 792-5775

    Listing agent Matthew Sletten (830) 792-5775

    Listing date Mar 19, 2025

    MLS# 118694 Listing URL

    Copyright © 2025 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.

    Overview

    Meticulously Maintained Kerrville Apartment Complex

    This meticulously maintained 8-unit apartment complex in Kerrville, Texas, presents an exceptional opportunity for investors and residents. The property offers a strong rental history and potential for growth. Multiple tenants have resided here for over 10 years, demonstrating a stable base of reliable income. The property size is 4896 square feet, situated on a 0.42-acre lot. The zoning is ETJ. This complex is positioned to attract quality tenants for years to come.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Kerrville
    County
    Kerr
    State
    Texas
    Longitude
    -99.1473665
    Latitude
    30.0248669

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    FAQs

    What type of property is this?
    Apartment building - Stable, income-producing 8-unit apartment complex in Kerrville, Texas.
    Where is this apartment building located?
    The property is located at Kerrville, TX.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Stable investment property with long-term tenants (10+ years); - Eight-unit apartment complex; - Strong rental history
    (830) 792-5775
    Request Owner's contact information
    Kerrville, TX 78028
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Kerrville, TX 78028
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