Renovated Short-Term Rental
1524 N Water St, Kerrville, TX 78028
For Sale
$649,000
Residential Income, Kerrville, TX
Property Size3,316 SF
Lot Size0.16 Acres
Price / SF$195.72
Days on Market225
Property Features for 1524 N Water St
General Information
Property type
Property subtype
Zoning
Parking features
Patio and Porch features
Appliances
Lot features
Elementary school
Subdivision
Standard status
Size
Lot size
Additional Details
Currently Operating
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
private patios
firepit
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Architectural style
Additional Structures
Buildings
Listing Agency:
Bock & Co LLC
Listed By:
Kari Bock · License TX #592974
(830) 459-6886
Added: Mar 31
Changed: Oct 30
Last Checked: Nov 10 at 3:06PM
MLS# 123931
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.
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Investment Insights
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This MU-zoned short-term rental property combines a renovated 1920s cottage with three additional industrial-style bungalows. The main residence contains three bedrooms, two bathrooms, a full kitchen, living and dining areas, and 1,524 square feet. Across the property, the four units total 3,316 square feet on 0.16 acres. Each bungalow includes a mini-split heating and cooling system and a tankless water heater.
The property is currently used as an Airbnb, although the sale includes the real estate only and not a business. Furnishings and appliances convey, excluding the seller’s wall art. Private patios and a firepit provide outdoor amenities, while the Kerrville setting offers access to restaurants, walking trails, music venues, and shopping. Public water and sewer serve the property, and parking is listed as none.
The property is currently used as an Airbnb, although the sale includes the real estate only and not a business. Furnishings and appliances convey, excluding the seller’s wall art. Private patios and a firepit provide outdoor amenities, while the Kerrville setting offers access to restaurants, walking trails, music venues, and shopping. Public water and sewer serve the property, and parking is listed as none.
Key Highlights
- Four‑unit property with a 1,524‑square‑foot main house and three additional bungalows
- 3,316 square feet on a 0.16‑acre lot
- Main residence offers 3 bedrooms, 2 bathrooms, kitchen, living, and dining areas
Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,055
Businesses Nearby
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Business Placement
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
$281,300
Median Home Value
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Market
Average Price Trend$/SF for Short term rental properties in Kerrville, TX
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Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - 1920s cottage with three additional renovated bungalows, private patios, and flexible live-work rental potential.
Where is this short term rental property located?
The property is located at 1524 N Water St Kerrville, TX.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Four‑unit property with a 1,524‑square‑foot main house and three additional bungalows; 3,316 square feet on a 0.16‑acre lot; Main residence offers 3 bedrooms, 2 bathrooms, kitchen, living, and dining areas
