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Six-Unit Apartment Property
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916 Jefferson Street, Kerrville, TX 78028

Three duplex buildings offer a varied unit mix with kitchens, carports, storage, and laundry areas.

Property Size5,850 SF
Lot Size0.50 Acres
Price / SF$170.43
Days on Market14

Property Features for 916 Jefferson Street

General Information

Standard status Active
Size 5,850 SF
Class C
Lot size 0.50 Acres
Property subtype Multifamily
Zoning R3
Occupancy 100%
Investment Type Stabilized
Net Operating Income $50,000

Units

Unit Mix 5 x 1BR/1BA (910 sf), 1 x 2BR/2BA (1300 sf)
Multifamily Units 6

Amenities

air conditioning
heating
full kitchen
covered carport
storage
laundry room
private yards

Building Details

Year Built 1973
Year Renovated 2025
Buildings 3
Stories 1
Units 6
Tenancy Multi
Listing Agency: Elite Exit Advisors
Listed By: Natalie Luneva · License #9016902-BB
Source: Crexi
Added: Aug 20 Changed: Aug 31 Last Checked: Sep 1 at 7:49PM

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 Elite Exit Advisors

Investment Insights

Based on property information with market context.

Built in 1973, this apartment property at 916 Jefferson Street comprises approximately 5,850 square feet across a half-acre site. The improvements are arranged as three separate duplex buildings, with each structure located on its own legal parcel. The six-unit mix includes five one-bedroom, one-bath residences of approximately 910 square feet and one two-bedroom, two-bath residence of approximately 1,300 square feet.

Each residence includes air conditioning, heating, and a full kitchen equipped with a refrigerator, oven, microwave, and dishwasher. Covered carports, attached storage, and laundry rooms serve the units, while four residences also include private yards. The property is zoned R3 and is located at 916 Jefferson Street in Kerrville, Texas.

Key Highlights

  • Six‑unit apartment property comprising approximately 5,850 square feet on a half‑acre site
  • Three separate duplex buildings, each on its own legal parcel
  • Unit mix includes five one‑bedroom, one‑bath units and one two‑bedroom, two‑bath unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Travel Agency Tanning Salon Veterinary Clinic 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

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,459
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Three duplex buildings offer a varied unit mix with kitchens, carports, storage, and laundry areas.
Where is this apartment building located?
The property is located at 916 Jefferson Street Kerrville, TX.
What is the asking price?
The asking price for this property is $997,000.
What are key features of this property?
This property features: Six‑unit apartment property comprising approximately 5,850 square feet on a half‑acre site; Three separate duplex buildings, each on its own legal parcel; Unit mix includes five one‑bedroom, one‑bath units and one two‑bedroom, two‑bath unit
More about this property
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