Address Not Available from Listing BrokerKerrville TX, 78028
(Active)
$985,000
|
13 beds, 9 Full baths, 5,192 sqft
|
MLS# 5098657
Last Updated: 5/10/2024 3:12 AM
Description for
Address Not Available from Listing Broker
Kerrville, TX 78028
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.
Price
$985,000
Hidden Valley Ranch
Kerr
13
9 Full
5,192 (approx)
5098657
Active
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.
Listing Information
| Property Type: Farm, Other | ||
| 13 | 9 Full | |
| 10 Acres | 5,192 (approx) | Wood |
Hidden Valley Ranch
Electricity Connected, Water Connected
Neighborhood
School Information
| Outside School District | Outside School District | Outside School District |
Room Information
| Bathrooms | |||
| 9 | |||
Interior Features
Electric Oven, Refrigerator
Central Air
Other,
Central
Exterior / Lot Features
Detached Carport
Wood
Porch
Shingle
None
Creek/Stream
Level
Driving Directions
This is agent open only. Once qualified buyer is established, we will meet and disclose location. It is 7 miles outside of Kerrville
Financial Considerations
| 4202-0000-095000 |
| $1,816 |
Cash, Conventional, Owner May Carry
Listing Price History
Kerrville Real Estate
Kerrville is located in Texas. Kerrville, Texas 78028 has a population of 23,942.
The median household income in Kerrville, Texas 78028 is $59,970. The median household income for the surrounding county is $61,175 compared to the national median of $66,222. The median age of people living in Kerrville 78028 is 45 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 1/11/2024 | Active | $985,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $531 USD | 2.51% | $40,882 USD | 15.50% |
| 2022 | $518 USD | -4.42% | $35,396 USD | - |
| 2021 | $542 USD | 2.26% | $35,396 USD | 8.02% |
| 2020 | $530 USD | - | $32,768 USD | - |