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Multifamily Property With Workshop
For Sale
$875,000

165 Mari-B, Center Point, TX 78010

Residential Income, Center Point, TX

Property Size3,730 SF
Lot Size8.51 Acres
Price / SF$234.58
Days on Market53

Property Features for 165 Mari-B

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Bathrooms 4
Full bathrooms 4
Rooms Laundry Room, Bathroom 1, Bathroom 2, Bathroom 4, Bathroom 3
Parking 6
Parking features Carport, RV, Garage
Window features Window Treatments, Double Pane Windows
Patio and Porch features Porch, Patio
Interior features High Ceilings, Shower Stall, Walk-In Closet(s)
Exterior features Barn/Stable
Fencing Fenced
Fireplace 1
Accessibility Accessible Approach with Ramp
Appliances Electric Water Heater, Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Water Softener Owned
Subdivision Elm Pass
Lot features Ag Exempt, Corner Lot, Horse Property, Hunting Permitted, Level, Partially Wooded, Secluded
Elementary school Center Point
Standard status Active
Size 3,730 SF
Lot size 8.51 Acres

Utilities

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

Amenities

sunroom with in the ground hot tub
wrap around covered porch
pole barn/pens for horses
chicken house & coop
multiple carports
RV hookup
container storage
detached storage building w/ac
deer-protected gardens
fruit & pecan trees
commercial dream shop

Building Details

Year built 1996
Number of units 2
Flooring type Carpet, Tile, Wood
Building materials HardiPlank Type
Roof type Metal
Architectural style Ranch
Additional Structures Guest House
Listing Agency: Texas Hill Country Properties
Listed By: Diane Dempsey
Added: Jul 2 Changed: Aug 19 Last Checked: Aug 23 at 4:06PM
MLS# 124812

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 multifamily property includes two residences totaling 3,730 square feet on 8.51 acres. The primary home offers two primary suites, a third bedroom or office, bamboo flooring, solid wood doors, quartz countertops, tiled bathrooms, a sunroom with an in-ground hot tub, and a covered wraparound porch. A second residence, completed in 2022, provides two levels with a kitchen, living area, bathroom, two bedrooms, a kitchenette, and its own covered porch.

The 2,027-square-foot Texas Steel Building workshop includes three automatic doors, high ceilings, HVAC, a full bathroom, office space, and substantial lighting. The land is fenced with five-foot no-climb horse fencing and divided for livestock, with a pole barn, horse pens, chicken coop, carports, RV hookup, container storage, detached air-conditioned storage, protected gardens, and fruit and pecan trees. The property has a private end-of-road setting, well water, and no deed restrictions.

Key Highlights

  • Two residences totaling 3,730 square feet on 8.51 acres
  • 2,027‑square‑foot workshop with 3 automatic doors, HVAC, bathroom, and office
  • Primary home includes 2 primary suites plus a third bedroom or office

Property Analytics

Current Use

Ranches

Lease Details

3
Drive-in doors
2
Residential units
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

104
Businesses Nearby

Demographics for 78010, TX

3,357
Population
1,675
Households
2
Avg Household Size
44
Median Age
28%
College-Educated
82%
High-School Grad
72.1 sq mi
ZIP Area
47
Density / Sq Mi
$70,900
Median Household Income
$35,524
Median Earnings
$681
Median Rent
$273,700
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?
Multifamily property - Two residences and a versatile workshop sit on a fenced agricultural-exempt tract with equestrian improvements.
Where is this multifamily property located?
The property is located at 165 Mari-B Center Point, TX.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Two residences totaling 3,730 square feet on 8.51 acres; 2,027‑square‑foot workshop with 3 automatic doors, HVAC, bathroom, and office; Primary home includes 2 primary suites plus a third bedroom or office
More about this property
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