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Property profile & analytics
OFF-MARKET
Land

0 Stoneledge Dr Kerrville, TX 78028

1.86 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents eight contiguous residential lots totaling 1.86 acres, ideally situated in the desirable Summit subdivision, Phase 11, of Kerrville, Texas. Located on Stoneledge Drive, zip code 78028, this land package is priced at $150,000 and offers significant potential for individual homebuyers, investors, or builders. The property is zoned R-2 by the City of Kerrville, with each lot requiring a minimum of 1,250 square feet for construction. All utilities are conveniently located at the street, simplifying development. Kerrville's thriving location in the heart of the Texas Hill Country, coupled with its steady population growth across various demographics, makes this a particularly attractive proposition. The Summit's Covenants, Conditions, and Restrictions (CC&Rs) and development plat are readily available. Please note that all measurements, tax assessments, age estimations, financial data, and school district information are approximate and sourced from third parties. Prospective buyers are strongly encouraged to independently verify all details before entering into any contractual agreement. The current owner is Patti's Grace Partners, LLC.

Property profile
Verified
Property type Land
Lot 1.86 ac (81,022 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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