176 Riverview Rd Kerrville, TX 78028-9444
This exceptional Kerrville, TX property boasts nearly 7.62 acres of prime Guadalupe River frontage, offering a unique blend of natural beauty and lucrative income potential. The established RV park features 34 full hookup RV pads (water, sewer, electricity) and 17 electricity-only pads, all situated amidst meticulously maintained grounds with mature trees and stunning river views. A central island provides ample space for restrooms and is ideally suited for hosting various events such as car shows, concerts, or reunions. The property also includes a substantial 7,000 sq. ft. restaurant complete with a large outdoor patio, perfectly positioned to cater to both RV park guests and the local community. Adding to the property's versatility is a 1,996 sq. ft. house with a carport, offering potential for private residence or Airbnb rental. A large metal shed provides extensive storage, additional carport space, and flexibility for maintenance or workshop use. Direct river access enhances the property's appeal, providing opportunities for fishing, kayaking, and relaxation. This turnkey operation presents a rare opportunity to acquire a multi-faceted income-generating property with significant upside potential in a desirable Texas location. The property is priced at $5,900,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.