0 Stoneledge Dr Kerrville, TX 78028
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.