Address not disclosed, Kerrville, TX 78028 - MLS#5098657

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Kaleb Yates

kaleb.yates@purerealty.com +1(737) 297-3585

$ 985,000

Est. payment -/mo

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Active

Address not disclosed Kerrville, TX 78028

13 Beds

9 Baths

5,192 SqFt

UPDATED:

09/24/2024 02:53 PM

Key Details

Property Type Single Family Home, Vacant Land

Sub Type See Remarks

Listing Status Active

Purchase Type For Sale

Square Footage 5,192 sqft

Price per Sqft $189

Subdivision Hidden Valley Ranch

MLS Listing ID 5098657

Bedrooms 13

Full Baths 9

Originating Board actris

Tax Year 2023

Lot Size 10.000 Acres

Property Description

Picturesque 10-acre multi-family mobile home community, offering positive cash flow with 5 units, and room to grow. NOI is $74,935.00, yielding a 7.6 cap rate. The property is fully fenced and has a wet weather creek and pond. The units are serviced by a 480’ deep well which had a new pump installed in 2020, and also has a 2500 gallon storage tank and new booster pump installed in 2022. There is a spacious 18x30 metal workshop that currently stores the owner’s equipment.

The five residential units are well maintained ranging from 1986-2018, with remodels in 2022. Each unit has a private fenced yard and views of the hills. The interior road provides access to each unit, and also to future sites.

Location

State TX

County Kerr

Rooms

Main Level Bedrooms 13

Interior

Heating Central

Cooling Central Air

Fireplace N

Appliance Electric Oven, Refrigerator

Exterior

Fence Fenced

Pool None

Community Features Common Grounds

Utilities Available Electricity Connected, Water Connected

Waterfront Description None

View Hill Country, Trees/Woods

Roof Type Shingle

Porch Porch

Private Pool No

Building

Lot Description Level

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Outside School District

Middle Schools Outside School District

High Schools Outside School District

School District Kerrville Isd

Others

Restrictions None

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Special Listing Condition Standard, See Remarks

Listed by Phyllis Browning Company • Teresa Bailey-weirich

Kaleb Yates

REALTOR® | License ID: 753819

+1(737) 297-3585

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