Skip main navigation
For sale
  • $829,500

    502 Lost Valley Rd, Kerrville, TX 78028

    5beds
    2,955sqft
    : 
    $7,062/mo
    Get pre-qualified
    Single Family Residence
    Built in 2004
    19.69 Acres Lot
    $796,500 Zestimate®
    $281/sqft
    $476/mo HOA

    What's special

    Wood-burning fireplaceSeasonal creekHardiplank and rock constructionScenic hill country viewsAbundant wildlifeStanding-seam metal roof
    Spacious Hill Country retreat in highly sought-after Tierra Linda Ranch! This 5-bedroom, 4.5-bath home sits on 19.69 acres across three separately platted lots, offering exceptional privacy, flexibility for future development, or multi-generational living. Enjoy scenic Hill Country views, a seasonal creek, abundant wildlife, and a prime location near the front of the ranch for easy I-10 access while maintaining a secluded feel. The main level features a primary suite, open living area with high ceilings and wood-burning fireplace, large kitchen with island and breakfast area, formal dining rm or office, half bath, and laundry. Upstairs offers a second primary suite, three additional bedrooms, two baths, & a loft living area. Luxury vinyl tile runs throughout. Enjoy picturesque views from the back patio. Features include Hardiplank and rock construction, 6"+ walls, standing-seam metal roof, newer water pump, water softener, insulated well house & garage, & fresh interior/exterior paint. Ag-exempt & located in the Firewise Tierra Linda Ranch community w/horseback riding, tennis, pool, lakes, private airport, and trails. A rare opportunity for privacy, space, and Hill Country living!!
    17 days
    323
    21

    Zillow last checked:

    Listing updated:

    Listed by:

    Angela Walters,

    RE/MAX Kerrville

    Source: KVMLS,MLS#: 125501

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Dining Room, Kitchen Combo, Office, Rec Room, Two Living Areas, Utility Room, Other-See Remarks
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Electric Cooktop, Dishwasher, Disposal, Microwave, Self Cleaning Oven, Electric Water Heater
      • Laundry: Inside, Laundry Room
      Features
      • High Ceilings, Shower Stall, Stairs/Steps, Walk-In Closet(s), Other, Master Downstairs
      • Flooring: Carpet, Tile, Vinyl
      • Attic: Other
      • Has fireplace: Yes
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 2,955
      • Total interior livable area: 2,955 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: 2 Car Garage, Attached
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck/Patio
      • Exterior features: Stairs/Steps, Other
      • Has view: Yes
      • Waterfront features: Other-See Remarks
      Lot
      • Size: 19.69 Acres
      • Features: Ag Exempt, Views, Farm, Other
      • Topography: Sloping
      • Residential vegetation: Partially Wooded
      Details
      • Parcel number: 87574
      • Zoning: R1

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Hill Country
      • Property subtype: Single Family Residence
      Materials
      • HardiPlank Type, Rock
      • Foundation: Pier & Beam, Slab
      • Roof: Metal
      Condition
      • Year built: 2004

      Utilities & green energy

      • Electric: CTEC
      • Sewer: Septic Tank, Septic
      • Water: Well
      • Utilities for property: Electricity Connected, Garbage Service-Private

      Community & HOA

      Community
      • Subdivision: Tierra Linda Ranches
      HOA
      • Has HOA: Yes
      • HOA fee: $1,428 quarterly
      Location
      • Region: Kerrville

      Financial & listing details

      • Price per square foot: $281/sqft
      • Tax assessed value: $711,660
      • Date on market: 9/21/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes
      • Road surface type: Chip And Seal

        Estimated market value

        $796,500

        $757,000 - $836,000

        $3,356/mo

        Price history

        DateEventPrice
        9/21/2026Listed for sale$829,500-2.9%$281/sqft
        Source: KVMLS #125501 Report a problem
        9/20/2026Listing removed$854,500$289/sqft
        Source: KVMLS #123822 Report a problem
        7/1/2026Price change$854,500-1.2%$289/sqft
        Source: KVMLS #123822 Report a problem
        6/1/2026Price change$864,500-1.1%$293/sqft
        Source: KVMLS #123822 Report a problem
        4/30/2026Price change$874,500-5.4%$296/sqft
        Source: KVMLS #123822 Report a problem
        3/19/2026Listed for sale$924,500-5.1%$313/sqft
        Source: KVMLS #123822 Report a problem
        3/18/2026Listing removed$974,500$330/sqft
        Source: KVMLS #120323 Report a problem
        1/22/2026Price change$974,500-2.5%$330/sqft
        Source: KVMLS #120323 Report a problem
        9/17/2025Listed for sale$999,500-13%$338/sqft
        Source: KVMLS #120323 Report a problem
        7/6/2025Listing removed$1,149,000$389/sqft
        Source: KVMLS #118258 Report a problem
        2/5/2025Listed for sale$1,149,000$389/sqft
        Source: KVMLS #118258 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $711,660
        2025$6,693 +1.2%$711,660 +1.2%
        2024$6,614 -1.4%$703,350
        2023$6,708 +2%$703,350 +27.6%
        2022$6,576 +10.6%$551,420 +14.6%
        2021$5,945 $481,170 +1.5%
        2020-- $474,250 +28.4%
        2018$5,276 $369,350 +1.3%
        2017-- $364,540 +6%
        2016-- $343,930 +4.6%
        2015-- $328,910
        2014-- $328,910
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 78028

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

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

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

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts