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Furnished Duplex Property
For Sale
$1,250,000

124 Madrona, Kerrville, TX 78028

Residential Income, Kerrville, TX

Property Size2,578 SF
Lot Size6.98 Acres
Price / SF$484.87
Days on Market23

Property Features for 124 Madrona

General Information

Property type Residential Multi Family
Property subtype Duplex
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 1, Bathroom 3, Laundry Room, Bathroom 4, Bathroom 5, Bathroom 2
Parking features None
Window features Double Pane Windows
Patio and Porch features Patio, Porch
Interior features Stairs/Steps
Exterior features Stairs/Steps, Xeriscaped
Fencing Privacy
Fireplace 1
Appliances Electric Water Heater, Two Plus Water Heaters, Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
Subdivision DeLeon Estates
Lot features Corner Lot, Level
Elementary school Kerrville
Standard status Active
Size 2,578 SF
Lot size 6.98 Acres

Utilities

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

Amenities

semi-private outdoor living space with grill, dining area, covered patio, waterfall, hot tub, propane fire pit
lighted gathering patio with games, grilling and dining areas
air-conditioned building with restrooms and storage

Building Details

Year built 2019
Number of units 3
Flooring type Vinyl
Building materials Wood Siding, Frame
Roof type Composition
Architectural style Other
Additional Structures Guest House
Listing Agency: Jessica Kester, Broker
Listed By: Jessica Kester · License #0686902
Added: Aug 1 Changed: Aug 20 Last Checked: Aug 23 at 11:06AM
MLS# 125085

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 furnished duplex property includes a 1,938-square-foot building completed in 2019, with Units A and B each offering one bedroom, a four-bunk sleeping loft, bathrooms on both levels, private laundry, and deck access. A separate 640-square-foot manufactured home adds a one-bedroom, one-bath unit. The three units include appliances and personal property, along with private outdoor areas featuring patios, grills, dining spaces, hot tubs, propane fire pits, and other amenities.

The 6.98-acre property at 124 Madrona in Kerrville has frontage on Highway 16 and no residential restrictions stated in the property information. Additional improvements include a lighted gathering patio with games, grilling and dining areas, plus an air-conditioned building containing restrooms and storage. Central air, electric heating, vinyl flooring, wood siding, privacy fencing, and xeriscaped exterior areas are also present.

Key Highlights

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

Property Analytics

Current Use

Blue Getaway Homestay

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Repair Shop HVAC Service Restaurant Grocery & Convenience Store

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

3
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

24
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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Three furnished rental units include private outdoor amenities and a separate air-conditioned building with restrooms and storage.
Where is this duplex located?
The property is located at 124 Madrona 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 stated; 1,938‑square‑foot duplex built in 2019; Two duplex units, each with one bedroom and a four‑bunk sleeping loft
More about this property
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