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River-View Office Building
New
For Sale
$2,100,000

1001 Water St, Kerrville, TX 78028

SINGLE_FAMILY - Kerrville, TX

Property Size12,140 SF
Lot Size1.51 Acres
Price / SF$172.98
Days on Market2

Property Features for 1001 Water St

General Information

Property type Residential
Property subtype Office
Zoning PD
Parking 60
Exterior features Lighting
Accessibility Accessible Approach with Ramp
Subdivision River Guide Village
Lot features Open Lot
Elementary school Kerrville
Standard status Active
Size 12,140 SF
Lot size 1.51 Acres

Utilities

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

Amenities

view of the Guadalupe River
covered patio
executive conference room
break room
meeting room

Building Details

Year built 2003
Floors in Building 1
Number of units 1
Flooring type Carpet, Vinyl, Tile
Building materials Rock Veneer
Roof type Metal
Listing Agency: Sherman & Co
Listed By: Kelly Dooley & Ed Hamilton
Added: Aug 15 Last Checked: Aug 16 at 6:06AM
MLS# 125191

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.

Built in 2003, this 12,140-square-foot office building occupies 1.51 acres and presents a Texas Hill Country limestone exterior beneath a standing seam metal roof. The interior includes a senior executive office with private half bath, executive conference room, 9 additional private offices, an open central bullpen, separate men’s and women’s facilities, a break room, and a meeting room. A 3,587-square-foot unfinished area has two dedicated exterior entrances.

The property overlooks the Guadalupe River and provides a covered patio at the front elevation. Parking accommodates 60+ vehicles, including handicap spaces, with an accessible ramp connecting the level front lot to the building entrance. The rear parking area and riverfront sit below the building elevation. Public water and sewer service are in place, with central electric heating and cooling. The building is currently leased through April 9, 2029, with annual rent escalations.

Key Highlights

  • 12,140 square feet of office space on 1.51 acres
  • 9 private offices plus a senior executive office with private half bath
  • 3,587‑square‑foot unfinished area with two separate exterior entrances

Property Analytics

Current Use

Methodist Physicians South ... Physician Hill Country Ranches Consultant Gregory Altemose Physician Javier Roman-Gonzalez, MD Physician Water Street Family ... Alternative Medicine Practice

Suggested Use

Top Pick Furniture & Home Goods Auto Parts Store Storage Facility Big Box & Wholesale Store Veterinary Clinic Parking Lot & Garage

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

Lease Details

1
Office units
100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,718
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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Professionally configured office property with private offices, executive meeting areas, and covered patio access.
Where is this office building located?
The property is located at 1001 Water St Kerrville, TX.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 12,140 square feet of office space on 1.51 acres; 9 private offices plus a senior executive office with private half bath; 3,587‑square‑foot unfinished area with two separate exterior entrances
More about this property
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