Address not disclosed, Kerrville, TX 78028 - MLS#1194932

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Mack Linan

Pure Realty

mack@realestatemack.com +1(512) 791-1419

$985,000

Est. payment - /mo

13 Beds

9 Baths

5,192 SqFt

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UPDATED:

Key Details

Property Type Single Family Home, Vacant Land

Sub Type See Remarks

Listing Status Active

Purchase Type For Sale

Square Footage 5,192 sqft

Price per Sqft $189

Subdivision Hidden Valley Ranch

MLS Listing ID 1194932

Bedrooms 13

Full Baths 9

Annual Tax Amount $3,484

Tax Year 2024

Lot Size 10.000 Acres

Acres 10.0

Lot Dimensions 709x677

Property Sub-Type See Remarks

Source actris

Property Description

Picturesque 10-acre multi-family mobile home community, offering positive cash flow with 5 units, and room to grow. NOI is $74,779.00, yielding a 7.59 cap rate. The property is fully fenced and has a wet weather creek and pond. The units are serviced by a 480' deep well which had a new pump installed in 2020, and also has a 2500 gallon storage tank and new booster pump installed in 2022. There is a spacious 18x30 metal workshop that currently stores the owner's equipment. The five residential units are well maintained ranging from 1986-2018, with remodels in 2022. Each unit has a private fenced yard and views of the hills. The interior road provides access to each unit, and also to future sites. Tractor, tractor add ons,, trailers, RV, automobiles, personal tools and other personal property do not convey.

Seller may consider owner financing with qualified buyer with a 25 or 30 year amortization and a balloon payment in full at the end of year 5 with a competitive APR. 20% down payment. All terms are negotiable and may be adjsted based on credit worthiness, down payment, price and other factors. Seller has the right to refuse a seller finance senario to any buyer.

Agent open for all showings. 24 hours advance notice is appreciated. No interior tours are allowed until the property is under contract, however, additional photos are available.

Location

State TX

County Kerr

Area Out Of Area

Rooms

Main Level Bedrooms 13

Interior

Heating Central

Cooling Central Air

Flooring Wood

Fireplace Y

Appliance Electric Oven, Refrigerator

Exterior

Fence Fenced

Pool None

Community Features Common Grounds

Utilities Available Electricity Connected, Water Connected

Waterfront Description None

View Hill Country, Trees/Woods

Roof Type Shingle

Porch Porch

Private Pool No

Building

Lot Description Level

Faces Northwest

Sewer Private Sewer

Water Private

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Outside School District

Middle Schools Outside School District

High Schools Outside School District

School District Kerrville Isd

Others

Restrictions None

Acceptable Financing Cash, Conventional, Owner May Carry, See Remarks

Tax Rate 0.441772

Listing Terms Cash, Conventional, Owner May Carry, See Remarks

Special Listing Condition Standard

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Listed by Phyllis Browning Company • Lisa Grove

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Mack Linan

+1(512) 791-1419

Broker Associate | License ID: 525929

Broker Associate License ID: 525929

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Address not disclosed Kerrville, TX 78028

Mack Linan

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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