For sale

$1,100,000

Kerrville, TX 78028

--beds

--baths

4,896sqft

Est.:

Multi Family

Built in 1981

-- sqft lot

$-- Zestimate^®

$225/sqft

$-- HOA

What's special

Investors check out this meticulously maintained 8-unit apartment complex that offers an exceptional opportunity for both investors and residents alike. Multiple tenants have been here 10+ years, showing a strong, stable base of reliable income. For investors seeking a lucrative opportunity, this property presents a strong rental history and significant potential for growth. With its prime location and impeccable upkeep, The Ranchero Apartments are sure to attract quality tenants for years to come. Don't miss your chance to own a piece of Kerrville's thriving real estate market. Schedule a viewing today and come see the potential of this remarkable 8-unit apartment complex.

376 days

39

1

Tour with a local agent

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: Common Area

Features

Walk-In Closet(s)
Flooring: Tile
Attic: Other
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 4,896
Total interior livable area: 4,896 sqft

Property

Parking

Parking features: No Garage/Carport

Features

Levels: Two
Stories: 2
Exterior features: Stairs/Steps
Waterfront features: None

Lot

Size: 0.42 Acres
Features: Level

Details

Zoning: ETJ

Construction

Type & style

Home type: MultiFamily
Architectural style: Other-See Remarks
Property subtype: Multi Family

Materials

Brick Veneer, HardiPlank Type, Wood Siding
Foundation: Slab
Roof: Composition

Condition

Year built: 1981

Utilities & green energy

Electric: KPUB, Separate Electric Meter
Sewer: Septic Tank
Water: Central, Aqua TX
Utilities for property: Electricity Connected, Garbage Service-Private

Community & HOA

Community

Subdivision: Loma Vista

HOA

Has HOA: No

Location

Region: Kerrville

Financial & listing details

Price per square foot: $225/sqft
Date on market: 3/19/2025
Listing terms: Cash,Conventional
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

$1,565/mo

Price history

Date	Event	Price
3/19/2025	Listed for sale	$1,100,000$225/sqft
Source: KVMLS #118694 Report a problem
3/1/2025	Listing removed	$1,100,000$225/sqft
Source: KVMLS #114723 Report a problem
8/27/2024	Listed for sale	$1,100,000-8.3%$225/sqft
Source: KVMLS #114723 Report a problem
8/15/2024	Contingent	$1,200,000$245/sqft
Source: KVMLS #114723 Report a problem
4/17/2024	Listed for sale	$1,200,000$245/sqft
Source: KVMLS #114723 Report a problem