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.
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
- 334 days |
- 53 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: March 19, 2025 at 08:40am
Listed by:
Matthew Sletten,
Arden Hills Realty
Source: KVMLS,MLS#: 118694
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
$1,632/mo
Price history
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 | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$6,482/mo
Principal & interest
$5483
Property taxes
$999
Climate risks
Neighborhood: 78028
Nearby schools
GreatSchools rating
- 7/10Nimitz Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Peterson Middle SchoolGrades: 6-8Distance: 2.4 mi
- 6/10Tivy High SchoolGrades: 9-12Distance: 2.5 mi
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.
- Loading
- Loading
