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Furnished Short-Term Rental Property
For Sale
$299,000

1520 Water St, Kerrville, TX 78028

Commercial Sale, Kerrville, TX

Property Size1,536 SF
Lot Size0.16 Acres
Price / SF$194.66
Days on Market159

Property Features for 1520 Water St

General Information

Property type Commercial Sale
Property subtype Other
Zoning MU
Parking 8
Accessibility Accessible Approach with Ramp
Lot features Level
Elementary school Tom Daniels
Subdivision 23-Westminster to 534
Standard status Active
Size 1,536 SF
Lot size 0.16 Acres

Utilities

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

Building Details

Year built 2012
Floors in Building 1
Number of units 1
Flooring type Simulated wood
Building materials HardiPlank Type
Roof type Metal
Listing Agency: Bock & Co LLC
Listed By: Kari Bock · License #592974
Added: Mar 31 Changed: Aug 19 Last Checked: Sep 5 at 7:06AM
MLS# 123928

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 2012, this 1,536-square-foot property occupies 0.1607 acres and is currently operated as an Airbnb-style short-term rental. The layout includes a great room for shared gatherings, six twin beds, one double Murphy bed, and private bunk rooms. Furnishings are included, while the seller will retain the wall art and saddles. The rear portion is identified as suitable for conversion into separate permanent bedrooms.

The property carries MU zoning, allowing commercial use, and is located at 1520 Water St in Kerrville. River trail access, restaurants, shopping, and music venues are within walking distance. Improvements include HardiPlank-type construction, simulated wood flooring, central heating and cooling, a metal roof, public sewer, and an accessible approach with ramp.

Key Highlights

  • 1,536‑square‑foot property on 0.1607 acres
  • Current Airbnb‑style short‑term rental with furnishings included
  • Sleeping arrangement includes 6 twin beds and 1 double Murphy bed

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Butcher Florist Storage Facility Tanning Salon (Bike/Boat/Book/etc) Store Travel Agency

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
Residential units

Location Intelligence

Trade Area within ½ mile

1,055
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - MU zoning supports commercial use, with a communal great room and private bunk rooms for group stays.
Where is this short term rental property located?
The property is located at 1520 Water St Kerrville, TX.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,536‑square‑foot property on 0.1607 acres; Current Airbnb‑style short‑term rental with furnishings included; Sleeping arrangement includes 6 twin beds and 1 double Murphy bed
More about this property
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