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For sale
    • $980,000

    385 Camino Real Rd, Kerrville, TX 78028

    --beds
    --baths
    --sqft
    : 
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Views from the deckCovered parking
    INSTANT Income Producing 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 a private fenced yard,views from the deck,and covered parking. Each tenant maintains their own yard,pays their own electric and holds renter's ins. The deep Trinity well has newly replaced lines, parts, and pumps and 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 and seller financing available. Owner does walkthrus of houses often, so (per seller) what you see in the pictures is the current state of the interiors (plus personal effects).
    8 days
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    63
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    3
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kari Bock,

    Bock & Co LLC

    Source: KVMLS,MLS#: 124098

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      Facts & features

      Interior

      Rooms
      • Room types: Other-See Remarks
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Electric Range, Refrigerator, Electric Water Heater
      • Laundry: W/D Connection
      Features
      • Other
      • Flooring: Carpet, Tile, Vinyl
      • Attic: None
      • Has fireplace: Yes
      • Fireplace features: Other
      Interior area
      • Total structure area: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Carport, 2 Car Carport, Detached
      • Carport spaces: 3
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered
      • Fencing: Fenced
      • Has view: Yes
      • Waterfront features: Creek-Seasonal, Other-See Remarks
      Lot
      • Size: 10 Acres
      • Features: Views, Horse Property, Level, Open Lot, Secluded
      • Topography: Gently Rolling
      • Residential vegetation: Partially Wooded
      Details
      • Additional structures: Workshop
      • Parcel number: 28767
      • Zoning: None
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Other
      • Foundation: Other
      • Roof: Composition

      Utilities & green energy

      • Electric: Bandera Co, Separate Electric Meter
      • Sewer: Septic Unlicensed, Septic
      • Water: Well
      • Utilities for property: Electricity Connected, Garbage Service-Private

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Kerrville

      Financial & listing details

      • Tax assessed value: $139,840
      • Date on market: 4/9/2026
      • Listing terms: Cash,Conventional,VA Loan,Texas Vet,Private Financing Available
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Gravel
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,662/mo

        Price history

        DateEventPrice
        4/9/2026Listed for sale$980,000-0.5%
        Source: KVMLS #124098 Report a problem
        3/16/2025Listing removed$985,000
        Source: Unlock MLS #5098657 Report a problem
        1/11/2024Listed for sale$985,000+462.9%
        Source: Unlock MLS #5098657 Report a problem
        10/30/2018Sold--
        Source: KVMLS #96991 Report a problem
        9/6/2018Pending sale$175,000
        Source: Sherman & Co #96991 Report a problem
        8/27/2018Listed for sale$175,000
        Source: Sherman & Co #96991 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $139,840
        2024$1,802 +51.7%$139,840
        2023$1,188 +98.4%$139,840
        2022$599 -10.9%$139,840
        2021$672 -3%$139,840 +1.4%
        2020$693 +1%$137,842 +9.3%
        2019$686 $126,089 -29.7%
        2018-- $179,291
        2017-- $179,291 +35.3%
        2016-- $132,541
        2015-- $132,541
        2014-- $132,541
        2012-- $132,541

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $5,517/mo
        Principal & interest
        $4627
        Property taxes
        $890
        More affordability tools

          Climate risks

          Neighborhood: 78028

          Getting around

          0 / 100
          Car-Dependent
          19 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Nimitz

          Source: KVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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