23699 W Hwy 290, Harper, TX 78631
SINGLE_FAMILY - Harper, TX
- Added:
- May 11, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 26 at 7:06 am
Property Features for 23699 W Hwy 290
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking
- 4
- Standard status
- Active
- Size
- 1,558 SF
- Lot size
- 0.87 Acres
Utilities
- Utilities
- Cable Available
- Heating system
- Wall Furnace, Electric (Heating)
- Cooling system
- Wall Unit(s), Electric
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Wood
- Building materials
- Wood Siding
- Roof type
- Metal
Listing agent Jessica Robinson (254) 326-8676
Listing office R-Bar Realty 23941 US Highway 290, Harper, TX (254) 326-8676
Listing date May 11, 2026
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.
HighLights
- 1900‑built farmhouse with 1,558 SF on nearly a full acre
- Operates as two separate rental spaces with 3 bedrooms and 2 full baths
- Multiple decks and ample parking along HWY 290 plus additional space at the rear
- Unrestricted property with flexible layout, including kitchenette spaces
- Metal roof with wood siding exterior and wood flooring
- Utilities include cable available; water is serviced by Aqua with a septic system
Overview
The property is positioned along highly traveled HWY 290 in Harper, Texas, providing visibility and convenient access. Parking is available along HWY 290, with additional space toward the rear of the property. The seller notes the surrounding setting as Hill Country.
With the property described as unrestricted, it may fit buyers seeking a continued rental arrangement, a live/work setup, or a small business use, subject to applicable rules. Utilities are already in place, with water serviced by Aqua and a septic system supporting the home’s day-to-day needs.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.1k | $22.56 |
| − Vacancy | −$2.1k | −$1.35 |
| EGI | $33.0k | $21.21 |
| − OpEx | −$9.9k | −$6.36 |
| NOI | $23.1k | $14.84 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Harper
- County
- Gillespie
- State
- Texas
- Longitude
- -99.2527105
- Latitude
- 30.2999347
