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Furnished Short-Term Rental Property
For Sale
$1,250,000

124 Madrona, Kerrville, TX 78028

Commercial Sale, Kerrville, TX

Property Size2,578 SF
Lot Size6.98 Acres
Price / SF$484.87
Days on Market96

Property Features for 124 Madrona

General Information

Property type Commercial Sale
Property subtype Other
Parking 6
Security features Security Lighting
Exterior features Storage
Subdivision DeLeon Estates
Lot features Corner Lot, Level
Elementary school Kerrville
Standard status Active
Size 2,578 SF
Lot size 6.98 Acres

Utilities

Utilities Cable Available
Heating system Electric (Heating), Central
Cooling system Central Air, Electric

Amenities

hot tub
propane fire pit
grill
covered patio
waterfall
lighted gathering patio
games area
air-conditioned building with restrooms and storage
deck

Building Details

Year built 2019
Number of units 2
Flooring type Vinyl
Building materials Wood Siding, Frame
Roof type Composition
Additional Structures Storage
Listing Agency: Signature Realty
Listed By: Jessica Kester · License #0686902
Added: Aug 1 Changed: Oct 30 Last Checked: Nov 4 at 10:06AM
MLS# 125084

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.

Rey
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Investment Insights

Based on property information with market context.

The 6.98-acre property includes a fully furnished 1,938-square-foot duplex completed in 2019 and a 640-square-foot manufactured home. Each duplex unit offers one bedroom, a four-bunk sleeping loft, full bathrooms on both levels, private laundry, a spiral staircase, and access to a primary bedroom deck. Unit C includes one bedroom, one bathroom, furnishings, and a private deck. Outdoor features include covered patios, grills, dining areas, hot tubs, propane fire pits, a waterfall, and a lighted gathering patio with games. A separate air-conditioned building provides restrooms and storage, and all appliances and furnishings convey.

The property has Highway 16 frontage and no residential restrictions. The existing improvements are positioned for hospitality, retail, events, or residential use, subject to applicable approvals. Additional property features include cable availability, central heating and cooling, electric systems, wood siding, vinyl flooring, and a composition roof.

Key Highlights

  • 6.98‑acre property with Highway 16 frontage
  • Fully furnished 1,938‑square‑foot duplex built in 2019
  • Duplex includes two one‑bedroom units with four‑bunk sleeping lofts

Property Analytics

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Open Analytics

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.

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
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?
Short term rental property - Highway frontage supports hospitality, retail, event, or residential use without residential restrictions.
Where is this short term rental property 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; Fully furnished 1,938‑square‑foot duplex built in 2019; Duplex includes two one‑bedroom units with four‑bunk sleeping lofts
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