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$985,000
246 Days Online

385 Camino Real
Kerrville, TX 78028

For Sale|Farm|Active
13
Beds
9
Full Baths
0
Partial Baths
5,192
SqFt
$190
/SqFt

Built
Subdivision:
Hidden Valley Ranch
County:
Kerr
Call Now: 830.330.0015
Is this the home for you? We can help make it yours.
830.330.0015
385 Camino Real385 Camino Real385 Camino Real385 Camino Real
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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.

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Listing Snapshot
Price 
$985,000
Days Online 
246 Days
Bedrooms 
13
Inside Area (SqFt) 
5,192 sqft
Total Baths 
9
Full Baths 
9
Partial Baths 
N/A
Lot Size 
10 Acres
Year Built 
N/A
MLS® Number 
5098657
Status 
Active
Property Tax 
$1,815.76
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 months agoListing first seen online
8 months agoListing updated with changes from the MLS®
General Features
Acres 
10
Disclosures 
None
Parking 
Detached Carport
Property Sub Type 
Farm
Special Circumstances 
Standard
SqFt Total 
5192
Utilities 
Electricity ConnectedWater Connected
Interior Features
Appliances 
Electric OvenRefrigerator
Cooling 
Central Air
Heating 
Central
Main Level Bedrooms 
13
Primary Bedroom 
Level - Main
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Exterior Features
Construction Details 
Wood Siding
Fencing 
Fenced
Lot Features 
Level
Other Structures 
Workshop
Patio And Porch 
Porch
Pool Features 
None
Roof 
Shingle
View 
Creek/Stream
Waterview 
Creek/Stream
Community Features
Financing Terms Available 
CashConventionalOwner May Carry
Horse Property 
None
MLS Area 
Out of Area
School District 
Kerrville Isd
Schools
School District
Kerrville Isd
Elementary School
Outside School District
Middle School
Outside School District
High School
Outside School District
Listing courtesy of Phyllis Browning Company [email protected]


All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings courtesy of ACTRIS as distributed by MLS GRID. 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 last update - 2024-09-16 03:15 PM CDT

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Neighborhood & Commute
Source: Walkscore
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