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Furnished Short-Term Rental Property
For Sale
$649,000

1524 Water St, Kerrville, TX 78028

Multiple renovated dwellings include private patios, a firepit, and separate heating and cooling systems.

Property Size3,318 SF
Price / SF$195.60
Days on Market294

Property Features for 1524 Water St

General Information

Standard status Active
Size 3,318 SF
Property subtype General Commercial

Additional Details

Furnished Yes
Multifamily Units 4

Amenities

private patios
firepit
Central Air, Electric
3
Wood
Metal
Corner Lot.
Level
0.16 ACRE
Corner, Asphalt, City Road, Level.

Building Details

Year Built 1926
Buildings 4
Listing Agency: Bock & Co LLC
Listed By: Kari Bock · License #592974
Source: Xome
Added: Nov 12, 2025 Changed: Sep 2 Last Checked: Sep 1 at 4:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bock & Co LLC

Investment Insights

Based on property information with market context.

This 1926 property combines a renovated 1,524-square-foot, single-story cottage with three additional industrial-style bungalows, creating 3,318 square feet across the improvements. The main residence includes three bedrooms, two bathrooms, a full kitchen, living space, and dining area. Each bungalow has been renovated with its own mini-split heating and cooling system and tankless water heater.

The property is currently used for short-term rentals, while the sale includes the real estate rather than an operating business. Furnishings and appliances convey, excluding the seller’s wall art. Outdoor features include private patios and a firepit. The corner-lot setting provides access from an asphalt city road, and the property is near restaurants, walking trails, music venues, and shopping.

Key Highlights

  • 3,318 SF property with a 1,524‑square‑foot main cottage and 3 additional bungalows
  • Renovated 1926 single‑story cottage configured with 3 bedrooms and 2 bathrooms
  • Each bungalow includes a mini‑split heating and cooling system and tankless water heater

Property Analytics

Current Use

Booker's Porta Potties Building Supply

Suggested Use

Top Pick Home Appliance Store Butcher 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

4
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
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Frequently Asked Questions

What type of property is this?
Short term rental property - Multiple renovated dwellings include private patios, a firepit, and separate heating and cooling systems.
Where is this short term rental property located?
The property is located at 1524 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: 3,318 SF property with a 1,524‑square‑foot main cottage and 3 additional bungalows; Renovated 1926 single‑story cottage configured with 3 bedrooms and 2 bathrooms; Each bungalow includes a mini‑split heating and cooling system and tankless water heater
More about this property
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