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Mixed-Use Property in Downtown Kerrville
For Sale
$897,500

521-601 Clay St, Kerrville, TX 78028

SINGLE_FAMILY - Kerrville, TX

Property Size974 SF
Lot Size0.78 Acres
Price / SF$921.46
Days on Market168

Property Features for 521-601 Clay St

General Information

Property type Residential
Property subtype Office
Zoning DAC - Commercial
Rooms Basement
Subdivision Cage Addition
Lot features Level
Elementary school Kerrville
Standard status Active
Size 974 SF
Lot size 0.78 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air

Building Details

Year built 1983
Floors in Building 1
Number of units 3
Building materials Brick Veneer, HardiPlank Type, Wood Siding
Roof type Metal
Listing Agency: Brinkman Preferred Properties
Listed By: Christopher Chedzoy · License #632375
Added: Feb 27 Changed: May 29 Last Checked: Aug 14 at 11:06PM
MLS# 122617

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 mixed-use property in downtown Kerrville presents an opportunity for investors or owner-operators. The property consists of three buildings, offering diversification with multiple income streams and further development potential. Located at the head of the Kerrville Urban Trail System, the property leads through the entertainment district to the Guadalupe River. Building 1, located at 601 Clay Street, features approximately 2100 square feet of established medical or general office space, previously occupied by Riverhill Ophthalmology from 2006 to 2023. Building 2, located at 601B Clay Street, contains a 974 square foot duplex with two renovated one-bedroom apartments suitable for vacation rentals. Building 3, located at 521 Clay Street, offers approximately 1500 square feet and was previously Basement Brewers of Texas, a craft beer brewpub. The property is zoned DAC (Downtown Arts & Cultural), which encourages denser, pedestrian-oriented development with minimal building setbacks and special parking standards. The 0.78-acre lot may allow for the construction of a fourth building on the 601 Clay side, utilizing the current 2,000 square feet of green space at the back of the property.

Key Highlights

  • Prime downtown Kerrville location at the head of the Kerrville Urban Trail System.
  • Mixed‑use property with multiple income streams and further development potential.
  • Three existing buildings: Medical/Office space, renovated duplex apartments, and a former brewpub.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Auto Parts Store Storage Facility Building Supply Big Box & Wholesale Store Auto Repair Shop Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,598
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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with income potential in downtown Kerrville.
Where is this mixed-use property located?
The property is located at 521-601 Clay St Kerrville, TX.
What is the asking price?
The asking price for this property is $897,500.
What are key features of this property?
This property features: Prime downtown Kerrville location at the head of the Kerrville Urban Trail System.; Mixed‑use property with multiple income streams and further development potential.; Three existing buildings: Medical/Office space, renovated duplex apartments, and a former brewpub.
More about this property
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