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Furnished Duplex Property with Additional Home
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 Market57

Property Features for 124 Madrona

General Information

Property type Residential Multi Family
Property subtype Duplex
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 5, Bathroom 4, Bathroom 3, Laundry Room, Bathroom 2, Bathroom 1
Parking features None
Window features Double Pane Windows
Patio and Porch features Porch, Patio
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

private laundry
outdoor grill
dining area
covered patio
waterfall
hot tub
propane fire pit
lighted gathering patio
games
grilling area
separate 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: Signature Realty
Listed By: Jessica Kester · License #0686902
Added: Aug 1 Changed: Sep 16 Last Checked: Sep 26 at 12:06PM
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 two one-bedroom units within a 1,938-square-foot building completed in 2019. Each unit has a four-bunk sleeping loft, full bathrooms on both levels, private laundry, a spiral staircase, and access to a primary bedroom deck. A separate 640-square-foot manufactured home adds a one-bedroom, one-bath residence with its own deck and outdoor amenities. The combined property size is 2,578 square feet.

Set on 6.98 acres with Highway 16 frontage and no residential restrictions, the property also includes a lighted gathering patio, grilling and dining areas, and a separate air-conditioned building with restrooms and storage. Furnishings and appliances convey, including refrigerators, ranges, dishwashers, microwaves, washers, and dryers.

Key Highlights

  • 6.98‑acre property with Highway 16 frontage
  • 1,938‑square‑foot duplex built in 2019
  • Two one‑bedroom duplex units with 4‑bunk sleeping lofts

Property Analytics

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Current Use

Blue Getaway Homestay

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
View Realmo Analytics

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 - Six-plus acres with Highway 16 frontage and multiple furnished residential improvements.
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; 1,938‑square‑foot duplex built in 2019; Two one‑bedroom duplex units with 4‑bunk sleeping lofts
More about this property
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