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Furnished Duplex with Outdoor Amenities

124 Madrona Dr, Kerrville, TX 78028

For Sale
$1,250,000

Two furnished residential units include loft sleeping areas, private laundry, decks, and individual outdoor entertaining features.

Property Size2,578 SF
Price / SF$484.87
Days on Market47

Property Features for 124 Madrona Dr

General Information

Standard status Active
Size 2,578 SF
Property subtype Commercial

Building Details

Year Built 2019
Listing Agency: Signature Realty
Listed By: Lara Hicks · License #764225
Source: Texasprolificrealtors
Added: Sep 22 Changed: Nov 7 Last Checked: Nov 3 at 3:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Realty

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Investment Insights

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This furnished duplex, completed in 2019, contains 1,938 square feet across Units A and B. Each unit has one bedroom, a four-bunk sleeping loft, full bathrooms on both levels, private laundry, and an exterior stairway to the primary bedroom deck. Outdoor features include a covered patio, grill, dining space, waterfall, hot tub, and propane fire pit.

The 6.98-acre property fronts Highway 16 and includes a separate 640-square-foot, one-bedroom manufactured home with one bathroom, a private deck, hot tub, propane fire pit, grill, and dining area. Additional improvements include a lighted gathering patio with games and grilling and dining areas, along with a separate air-conditioned building containing restrooms and storage. Appliances and furnishings convey.

Key Highlights

  • 6.98‑acre property with Highway 16 frontage and no residential restrictions
  • 1,938‑square‑foot duplex built in 2019
  • Two furnished units, each with one bedroom and a 4‑bunk sleeping loft

Property Analytics

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Suggested Use

Top Pick Furniture & Home Goods Grocery & Convenience Store Auto Repair Shop Building Supply Kitchen & Bath Showroom Florist

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

12
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two furnished residential units include loft sleeping areas, private laundry, decks, and individual outdoor entertaining features.
Where is this duplex located?
The property is located at 124 Madrona Dr Kerrville, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 6.98‑acre property with Highway 16 frontage and no residential restrictions; 1,938‑square‑foot duplex built in 2019; Two furnished units, each with one bedroom and a 4‑bunk sleeping loft
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