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Two-Home Short-Term Rental Property
For Sale
$374,000

318-324 Lytle St, Kerrville, TX 78028

Two separately metered homes support flexible residential and short-term rental use on one level lot.

Property Size1,596 SF
Price / SF$234.34
Days on Market29

Property Features for 318-324 Lytle St

General Information

Standard status Active
Size 1,596 SF
Total Parking Spaces 4
Property subtype General Commercial
Zoning R-1A Single-Family Residential

Units

Unit Mix 1 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Amenities

mature shade trees
spacious backyard
covered porch
multiple storage buildings
Central Air, Electric
3
Vinyl, Wood
Composition
Level
.038
Extra Storage. City Road, Asphalt, Level.

Building Details

Year Built 1945
Buildings 2
Listing Agency:
Listed By: Fore Premier Properties
Source: Xome
Added: Jul 7 Changed: Aug 2 Last Checked: Aug 4 at 3:04AM

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 Fore Premier Properties

Investment Insights

Based on property information with market context.

This property includes two separate residences on one lot, totaling 1,596 square feet. The 1,200-square-foot main home contains three bedrooms, one bathroom, an open living and dining area, hardwood floors, and central air. A detached 396-square-foot guest home adds one bedroom, one bathroom, a living area, and a kitchenette. Each residence has its own utility meter.

Outdoor improvements include a covered porch, level backyard with mature shade trees, detached two-car garage, two-car carport, and multiple storage buildings. The property is located at 318-324 Lytle St in Kerrville, near downtown, shopping, restaurants, Schreiner University, the Guadalupe River, and the River Trail. R-1A Single-Family Residential zoning permits short-term rentals.

Key Highlights

  • Two separate homes totaling 1,596 SF on one lot
  • Main residence measures 1,200 SF with 3 bedrooms and 1 bath
  • Guest home measures 396 SF with 1 bedroom, 1 bath, living area, and kitchenette

Property Analytics

Current Use

Short term rental ...

Suggested Use

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

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

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

332
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 - Two separately metered homes support flexible residential and short-term rental use on one level lot.
Where is this short term rental property located?
The property is located at 318-324 Lytle St Kerrville, TX.
What is the asking price?
The asking price for this property is $374,000.
What are key features of this property?
This property features: Two separate homes totaling 1,596 SF on one lot; Main residence measures 1,200 SF with 3 bedrooms and 1 bath; Guest home measures 396 SF with 1 bedroom, 1 bath, living area, and kitchenette
More about this property
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