Listing photo for 385 Camino Real, Kerrville, TX
Listing photo for 385 Camino Real, Kerrville, TX
Listing photo for 385 Camino Real, Kerrville, TX
Listing photo for 385 Camino Real, Kerrville, TX
Listing photo for 385 Camino Real, Kerrville, TX
Listing photo for 385 Camino Real, Kerrville, TX
Listing photo for 385 Camino Real, Kerrville, TX
Listing photo for 385 Camino Real, Kerrville, TX
Listing photo for 385 Camino Real, Kerrville, TX
Listing photo for 385 Camino Real, Kerrville, TX
Listing photo for 385 Camino Real, Kerrville, TX
Listing photo for 385 Camino Real, Kerrville, TX
Listing photo for 385 Camino Real, Kerrville, TX
Listing photo for 385 Camino Real, Kerrville, TX
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385 Camino Real,

Kerrville, TX $985,000

$985,000

13 Beds
9 Baths
5,192 Sqft
10.00 Acres

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.

Facts & Features
MLS® # 5098657
Price $985,000
Bedrooms 13
Bathrooms 9.00
Full Baths 9
Square Footage 5,192
Acres 10.00
Type Farm
Sub-Type Other
Status Active
Community Information
Address 385 Camino Real
Area Out of Area
Subdivision Hidden Valley Ranch
City Kerrville
County Kerr
State TX
Zip Code 78028
Amenities
Utilities Electricity Connected, Water Connected
Features Common Grounds/Area
Parking Detached Carport
View Creek/Stream
Is Waterfront No
Waterfront None
Has Pool No
Interior
Appliances Refrigerator, Electric Oven
Heating Central
Fireplace No
Exterior
Lot Description Level
Roof Shingle
Construction Wood Siding
School Information
District Kerrville Isd
Elementary Outside School District
Middle Outside School District
High Outside School District
Additional Information
Date Listed January 11th, 2024
Days on Market 115
Foreclosure No
Short Sale No
RE / Bank Owned No
Property Listed By:
Office Phyllis Browning Company
Photo of Ashley Stucki

Ashley Stucki

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from . Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

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