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—ideal for privacy, future development, or multi-generational living. Enjoy scenic views, a seasonal creek, 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 floor plan, high ceilings, wood-burning fireplace, large kitchen with island and eat-in area, formal dining or office, guest half bath, and laundry room. Upstairs offers a second primary suite, three additional bedrooms, two baths, and a loft living area. Luxury vinyl tile runs throughout. Step outside to enjoy abundant wildlife and picturesque views from the back patio. The exterior features Hardiplank & rock construction, 6”+ walls, standing seam metal roof, newer water pump, water softener, insulated well house & garage, and fresh interior/exterior paint. Ag-exempt Firewise community w/amenities including horseback riding, tennis, pool, lakes, private airport, and trails. A rare opportunity for privacy, space, and Hill Country living!
For sale
Price cut: $50K (4/30)
$874,500
502 Lost Valley Rd, Kerrville, TX 78028
5beds
2,955sqft
Est.:
Single Family Residence
Built in 2004
19.69 Acres Lot
$848,900 Zestimate®
$296/sqft
$476/mo HOA
What's special
Wood-burning fireplaceSeasonal creekHardiplank and rock constructionOpen floor planHigh ceilingsWater softenerFormal dining or office
- 67 days |
- 332 |
- 27 |
Zillow last checked:
Listing updated:
Listed by:
Angela Walters,
RE/MAX Kerrville
Source: KVMLS,MLS#: 123822
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Rooms
- Room types: Dining Room, Kitchen Combo, Large Master Bedroom, 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
Video & virtual tour
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: $296/sqft
- Tax assessed value: $711,660
- Annual tax amount: $6,693
- Date on market: 3/19/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
- Road surface type: Chip And Seal
Estimated market value
$848,900
$806,000 - $891,000
$3,556/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Price change | $874,500-5.4%$296/sqft |
Source: KVMLS #123822 Report a problem | ||
| 3/19/2026 | Listed for sale | $924,500-5.1%$313/sqft |
Source: KVMLS #123822 Report a problem | ||
| 3/18/2026 | Listing removed | $974,500$330/sqft |
Source: KVMLS #120323 Report a problem | ||
| 1/22/2026 | Price change | $974,500-2.5%$330/sqft |
Source: KVMLS #120323 Report a problem | ||
| 9/17/2025 | Listed for sale | $999,500-13%$338/sqft |
Source: KVMLS #120323 Report a problem | ||
| 7/6/2025 | Listing removed | $1,149,000$389/sqft |
Source: KVMLS #118258 Report a problem | ||
| 2/5/2025 | Listed for sale | $1,149,000$389/sqft |
Source: KVMLS #118258 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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 | -- | $328,910 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 78028
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 6/10Harper Middle SchoolGrades: 5-8Distance: 12.4 mi
- 7/10Harper High SchoolGrades: 9-12Distance: 12.4 mi
- 10/10Harper Elementary SchoolGrades: PK-4Distance: 12.5 mi
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.
- Texas
- Gillespie County
- Kerrville
- 78028
- 502 Lost Valley Rd
Nearby cities
Nearby zip codes
Other Kerrville Topics
