385 Camino Real, Kerrville, TX 78028
385 Camino Real, Kerrville, TX 78028
385 Camino Real, Kerrville, TX 78028
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$949,000
Est. payment /mo
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10 Acres Lot
Price Dropped by $31K

385 Camino Real Kerrville, TX 78028

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Ryan Rendon

Ryan Rendon

+1(830) 890-1943

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 124098

Lot Size 10.000 Acres

Lot Dimensions 10acres

Property Sub-Type Multi Family

Property Description

INSTANT Income Producing Investment, "Mom & Pop" Community, 8% Cap Rate,long history of little to no vacancy & plenty of room to expand (more income!) 10 Acres, groomed,usable,perimeter fenced, unrestricted.Wet weather creek meanders the property to a pond that can be lined to hold water. 5 updated,meticulously maintained manufactured homes each with fenced yard,views from deck & covered parking. Each tenant maintains own yard,pays own electric & holds renter's ins. The deep Trinity well has newly replaced lines, parts,pumps & 2500 gal storage tank which adequately services all homes and plenty of capacity for more. Don't like that? A public water system ends next door and can be extended to this property for a low cost. Please refer to documents for a list of the year models, and bed/bath setups. DO NOT enter the property without a Realtor. All Realtors to call listing agent for gate code. Continued safety & security is a priority for this tight-knit community. Tenants rights, proof of funds & seller financing available. Owner does walkthru of houses often(per seller) what you see in the pictures is the current state of the interiors (plus personal effects). 1031 Exchange welcomed

Location

State TX

County Kerr

Area 44-Upper Turtle Creek Area

Zoning None

Interior

Interior Features Other-See Remarks

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Tile, Vinyl

Fireplaces Type Other-See Remarks

Fireplace Yes

Appliance Electric Water Heater, Electric Range, Refrigerator

Laundry W/D Connection

Exterior

Parking Features 1 Car Carport, 2 Car Carport, Detached

Fence Fenced

Utilities Available Electricity Connected, Garbage Service-Private, Separate Electric Meter

Waterfront Description Creek-Seasonal,Other-See Remarks

View Y/N Yes

View Exceptional View

Roof Type Composition

Garage No

Building

Lot Description Gentle Rolling, Horse Property, Level, Open Lot, Partially Wooded, Secluded

Story One

Foundation Other

Sewer Septic Unlicensed

Water Well

Level or Stories One

Schools

Elementary Schools Nimitz

Others

Acceptable Financing Cash, Conventional, VA Loan, Texas Vet, Private Financing Available

Listing Terms Cash, Conventional, VA Loan, Texas Vet, Private Financing Available

Virtual Tour https://photos.app.goo.gl/TknSpV47ZLrAAubP6

Listed by Bock & Co LLC

NEARBY SCHOOL & BUSINESS

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Ryan Rendon

Ryan Rendon

Agent | License ID: 699528

+1(830) 890-1943

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385 Camino Real

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