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For sale
  • $1,250,000

    124 Madrona Dr, Kerrville, TX 78028

    4beds
    2,578sqft
    : 
    $9,424/mo
    Get pre-qualified
    Single Family 5+ Acres
    Built in 2019
    6.98 Acres Lot
    $1,171,600 Zestimate®
    $485/sqft
    $-- HOA

    What's special

    Private deckHot tubSemi-private outdoor living spaceGrilling and dining areasDining areaRetro spiral staircaseCovered patio
    The Madrona Collection | Highway 16 Commercial & Hospitality Opportunity: This 6.98-acre Hill Country retreat offers exceptional Hwy 16 frontage, no residential restrictions, and outstanding development potential for hospitality, retail, events, or residential use. The existing duplex and manufactured home provide immediate rental income while you bring your vision to life. Units A & B of the fully furnished 1,938 sq ft duplex (built in 2019) each feature one bedroom, a 4-bunk sleeping loft, full bathrooms on both levels, a retro spiral staircase, private laundry, and an exterior staircase leading to the primary bedroom deck. They have a semi-private outdoor living space complete with a grill, dining area, covered patio, waterfall, hot tub, and propane fire pit. Unit C is a fully furnished 640 sq ft one-bedroom, one-bath manufactured home with its own private deck, hot tub, propane fire pit, grill, and dining area. Additional amenities include a lighted gathering patio with games, grilling and dining areas, plus a separate air-conditioned building with restrooms and storage. All appliances/furnishings convey. www.TheMadronaCollection.com
    41 days
    59
    0

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Kester,

    Signature Realty,

    Lara Hicks,

    Signature Realty

    Source: KVMLS,MLS#: 125068

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Rooms
      • Room types: Kitchen Combo, Utility Room
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater, Tankless Water Heater
      • Laundry: Main Level, Laundry Room
      Features
      • Stairs/Steps
      • Flooring: Vinyl
      • Windows: Double Pane Windows
      • Attic: Access Only
      • Has fireplace: Yes
      • Fireplace features: Living Room, Other
      Interior area
      • Total structure area: 2,578
      • Total interior livable area: 2,578 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: No Garage/Carport
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck/Patio
      • Exterior features: Stairs/Steps, Other
      • Fencing: Privacy
      • Waterfront features: None
      Lot
      • Size: 6.98 Acres
      • Features: Corner Lot, Level
      Details
      • Additional structures: Guest House
      • Parcel number: 538891
      • Zoning: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family 5+ Acres
      Materials
      • Wood Siding
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 2019

      Utilities & green energy

      • Electric: Bandera EC
      • Gas: None
      • Sewer: Septic Tank, Septic
      • Water: Central, Aqua Texas
      • Utilities for property: Cable Available, Electricity Connected, Garbage Service-Private, Phone Available

      Community & HOA

      Community
      • Subdivision: DeLeon Estates
      HOA
      • Has HOA: No
      Location
      • Region: Kerrville

      Financial & listing details

      • Price per square foot: $485/sqft
      • Tax assessed value: $538,810
      • Date on market: 7/31/2026
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        $1,171,600

        $1.11M - $1.23M

        $3,006/mo

        Price history

        DateEventPrice
        2/6/2026Listed for sale$1,250,000$485/sqft
        Source: KVMLS #122439 Report a problem
        1/3/2026Listing removed$2,750$1/sqft
        Source: Zillow Rentals Report a problem
        12/23/2025Price change$2,750-8.3%$1/sqft
        Source: Zillow Rentals Report a problem
        12/12/2025Price change$3,000-14.3%$1/sqft
        Source: Zillow Rentals Report a problem
        12/4/2025Price change$3,500+7.7%$1/sqft
        Source: Zillow Rentals Report a problem
        11/19/2025Price change$3,250+3.2%$1/sqft
        Source: Zillow Rentals Report a problem
        9/19/2025Listed for rent$3,150+14.5%$1/sqft
        Source: Zillow Rentals Report a problem
        7/16/2025Listing removed$2,750$1/sqft
        Source: Zillow Rentals Report a problem
        6/25/2025Listed for rent$2,750$1/sqft
        Source: Zillow Rentals Report a problem
        5/3/2025Listing removed$2,750$1/sqft
        Source: Zillow Rentals Report a problem
        4/12/2025Listed for rent$2,750+3.8%$1/sqft
        Source: Zillow Rentals Report a problem
        2/20/2025Listing removed$2,650$1/sqft
        Source: Zillow Rentals Report a problem
        2/3/2025Listed for rent$2,650+17.8%$1/sqft
        Source: Zillow Rentals Report a problem
        12/14/2024Listing removed$2,250$1/sqft
        Source: Zillow Rentals Report a problem
        11/8/2024Price change$2,250-18.2%$1/sqft
        Source: Zillow Rentals Report a problem
        10/20/2024Listed for rent$2,750+3.8%$1/sqft
        Source: Zillow Rentals Report a problem
        10/3/2024Listing removed$2,650$1/sqft
        Source: Zillow Rentals Report a problem
        9/15/2024Listed for rent$2,650$1/sqft
        Source: Zillow Rentals Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $538,810 +6.2%
        2024$6,540 +74.1%$507,542 +14.7%
        2023$3,758 +156.9%$442,484 +29.5%
        2022$1,463 +31%$341,794 +47%
        2021$1,117 +0.2%$232,502 +4.8%
        2020$1,115 $221,908
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 78028

        Getting around

        9 / 100
        Car-Dependent
        13 / 100
        Somewhat Bikeable

        Nearby schools

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

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

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