Multifamily

Kerrville, TX Multifamily Properties for Sale

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Six-Unit Apartment Building
Updated: Jun 6
Six-Unit Apartment Building

305 N Tivy St, Kerrville, TX 78028

$550,000
5,354 sqft 0.20 AC lot
Six‑unit apartment building built in 1935
Unit mix: (2) 2 bed/1 bath and (4) 1 bed/1 bath
Some recent cosmetic remodels
3 units currently leased; 2 vacant units have a waiting list
Electric heating; window and wall A/C units; electric water heater
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Leased Triplex with Fenced Yards
Updated: May 9
Leased Triplex with Fenced Yards

1103-15 Lois St, Kerrville, TX 78028

$1,197,000
4,929 sqft 0.60 AC lot
Three modern single‑family homes under construction in Central Kerrville; each features 3 bedrooms and 2 bathrooms
Each home includes a fenced, privacy yard with a covered patio (room to add a pool, per remarks)
Open‑concept layout with a large great room/kitchen/dining area and high ceilings plus walk‑in closet(s)
Kitchen includes stainless appliances and self‑cleaning oven; electric range and microwave included
Polished concrete floors, full‑size W/D area, and energy‑efficient heat pumps with fresh air filters
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Renovated Cottage with Bungalows
Renovated Cottage with Bungalows

1524 N Water St, Kerrville, TX 78028

$649,000
3,316 sqft 0.16 AC lot

Charming renovated cottage with industrial-style bungalows, ideal for Airbnb.

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Four-Building Multifamily Investment
Four-Building Multifamily Investment

2906-2908 Hunt St, Kerrville, TX 78028

$1,100,000
9,300 sqft 0.96 AC lot

21-unit multifamily property across four buildings with on-site laundry, city water and sewer, and R-3 zoning.

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Renovated Multi-Unit Residential Cottages
Renovated Multi-Unit Residential Cottages

1524 N Water St, Kerrville, TX 78028

$649,000
3,318 sqft 0.16 AC lot

Single-story main home plus three renovated bungalows, each with mini-splits and tankless hot water.

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Mixed-Use Property in Downtown Kerrville
Mixed-Use Property in Downtown Kerrville

521-601 Clay St, Kerrville, TX 78028

$897,500
974 sqft 0.78 AC lot

Mixed-use property with income potential and development upside.

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Mixed-Use Property in Downtown Kerrville
Mixed-Use Property in Downtown Kerrville

521-601 Clay St, Kerrville, TX 78028

$897,500
974 sqft 0.78 AC lot

Mixed-use property with income potential in downtown Kerrville.

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Income-Generating Duplex with Two Units
Income-Generating Duplex with Two Units

818 Lois Street, Kerrville, TX 78028

$375,000
2,763 sqft

Two 2-bedroom, 2-bath units on Lois Street in Kerrville with current rental income of $2,770 per month.

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Residential Income Duplex with Guest House
Residential Income Duplex with Guest House

510 E Shady Dr, Kerrville, TX 78028

$370,000
1,194 sqft 0.15 AC lot

Two-unit residential income property with a detached 1-bedroom, 1-bath guest house and a 2-bedroom, 2-bath main home.

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Riverfront Park Model Rental Pads
Riverfront Park Model Rental Pads

2915 Riverside Dr, Kerrville, TX 78028

$450,000
1,200 sqft 0.59 AC lot

Turn-key rental property with four park model units and a fifth RV pad on the Guadalupe River.

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Unique Kerrville Property with History
Unique Kerrville Property with History

504 Tivy St, Kerrville, TX 78028

$2,799,000
5,782 sqft

Historic property blending craftsmanship and modern design with rental potential.

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Kerrville Multifamily Property with Cottage
Kerrville Multifamily Property with Cottage

912 N Tivy St, Kerrville, TX 78028

$310,000
3,160 sqft 0.37 AC lot

Vintage triplex with updated systems and long-term tenants.

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Turn-Key RV Park and River Pads
Turn-Key RV Park and River Pads

2915 Riverside Dr, Kerrville, TX 78028

$450,000
1,200 sqft 0.59 AC lot

Turn-key rental RV park on the Guadalupe River with multiple park model units, each served by city utilities and separate meters.

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Duplex with Detached Guest House
Duplex with Detached Guest House

510 E Shady Dr, Kerrville, TX 78028

$385,000
1,194 sqft

Two-unit residential income property with a detached guest house and flexible layout for short-term or longer-term use.

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Kerrville Duplex Investment Opportunity
Kerrville Duplex Investment Opportunity

818 Lois St, Kerrville, TX 78028

$375,000
2,763 sqft 0.26 AC lot

Income-producing duplex in Kerrville's growing riverfront community.

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Duplex and Manufactured Home
Duplex and Manufactured Home

124 Madrona, Kerrville, TX 78028

$1,250,000
2,578 sqft 6.98 AC lot

Built in 2019, the duplex and a 2018 manufactured home sit on 6.98 acres with no residential restrictions.

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21-Unit Multifamily Investment Opportunity
21-Unit Multifamily Investment Opportunity

2906 Hunt St, Kerrville, TX 78028

Contact for pricing
9,300 sqft

Multifamily property for sale with 21 units.

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Multifamily Cottage with Furnishings
Multifamily Cottage with Furnishings

1520 Water St, Kerrville, TX 78028

$299,000
1,536 sqft 0.16 AC lot

Residential income property currently furnished for short-term use, with MU zoning permitting commercial opportunities.

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Manufactured Home Community with Fenced Acres
Manufactured Home Community with Fenced Acres

385 Camino Real, Kerrville, TX 78028

$949,000
10.00 AC lot

Income-producing community on 10 acres with five updated manufactured homes, fenced yards, and a shared Trinity well system.

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Barndominium with Elevator Access
Barndominium with Elevator Access

504 Tivy St, Kerrville, TX 78028

$2,799,000
5,696 sqft 0.43 AC lot

Four-unit barndominium on a corner lot, featuring elevator access and shared spaces for flexible live-work use.

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Two-Home Property with Separate Meters
Two-Home Property with Separate Meters

318-324 Lytle St, Kerrville, TX 78028

$374,000
1,596 sqft 0.38 AC lot

Two separate homes on one lot, each with its own utility meter, plus garage, carport, and storage.

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Handicap-Accessible Duplex with Yard
Handicap-Accessible Duplex with Yard

202 Manor Dr, Kerrville, TX 78028

$399,000
3,768 sqft 0.65 AC lot

A duplex setup offering distinct living areas, multiple bedrooms, and fenced outdoor space with double-gate access.

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Guadalupe Riverfront Land in Kerrville
Guadalupe Riverfront Land in Kerrville

3147/49 Riverside Dr, Kerrville, TX 78028

$400,000
0.28 AC lot

0.28 acre riverfront land suitable for short-term rental.

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Meticulously Maintained Kerrville Apartment Complex
Meticulously Maintained Kerrville Apartment Complex

Kerrville, TX 78028

$1,100,000
4,896 sqft 0.42 AC lot

Stable, income-producing 8-unit apartment complex in Kerrville, Texas.

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Kerrville, TX Multifamily Properties Market Trends and Statistics

Explore 28 multifamily properties for sale in Kerrville, TX, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 76,791 square feet of properties for sale, with an estimated market value of $20,224,000.

Sale prices for multifamily properties in Kerrville, TX start at $299,000, averaging $842,666, and reaching up to $2,799,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 10
Short term rental properties 8
Apartment buildings 5
Mobile home & RV parks 4
Triplexes 2

Demographics Overview

Population 41K
Population Growth (5Y) +0.9%
Median Household Income $65,486
College Educated 22.0%

High-Yield Neighborhoods for Investment

Identify Kerrville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
78028 $864K

Taxes & Financing

Tax Rate (average for all types) 1.76%
Property Tax per SF $25.20 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kerr County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Kerrville fall within the 10,000 to 25,000 square foot range.

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