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For Sale 78028 Kerrville

385 Camino Real

Kerrville, TX 78028

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For Sale

Active

$985,000

Est. Mortgage 5,333/month

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13 Bedroom(s)

9 Full Bath(s)

5,192 Sqft. ($190/Sqft.)

10.00 Lot Acres

Farm

110 Day(s) on HAR.com

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Description

Owner will consider Seller financing for qualified buyer. 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.

MLS#

ABORTX-5098657

List Price

$985,000 ($190/Sqft.)

Listing Status

For Sale

Address

385 Camino Real

City

Kerrville

State

Zip Code

78028

County

Kerr County

Subdivision

Hidden Valley Ranch

Legal Description

HIDDEN VALLEY RANCH 2 LOT 95 ACRES 10.0 S# TXFLHP2AG298404910 S# TXFLHP2BG298404910 HUD# TEX03933422;HUD#2 TEX03933423

Property Type

Farm

Bedroom

13 Bedroom(s)

Bath

9 Full Bath(s)

Building Size

5,192 Sqft/Appraisal District

Lot Size

10.00 Lot Acres/Appraisal District

Has House

Yes

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directions

Brian Stamness

Phyllis Browning Company

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Exterior

Roof

Shingle

Private Pool

Exterior Type

Wood Siding

Lot Description

Level

Parking

Detached Carport

Utility

Electricity Connected,Water Connected

Road Surface

Caliche

Views

Creek/Stream

Rooms

Primary Bedroom

Main Floor; Walk-in Shower

Interior

Cooling

Central Air

Heating

Central

Appliances

Electric Oven, Refrigerator

Lot information

Lot Size

10.00 Lot Acres /Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

Community Features

Common Grounds

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.