For sale

$299,000

1520 Water St, Kerrville, TX 78028

--beds

--baths

1,536sqft

$2,456/mo

Get pre-qualified

Multi Family

Built in 2012

-- sqft lot

$290,600 Zestimate^®

$195/sqft

$-- HOA

What's special

Private bunk roomsGreat room

Hank's Bunkhouse (6 twins and 1 dbl murphy bed)is a current AirBnB property. This listing isn't being sold as a BnB business, just the property itself, plus furnishings. Wall art and saddles to be kept by seller. This place lends itself to larger groups that can gather in the great room and retire to their own private bunk rooms. Great for Girls' weekend, sleepovers, and large family gatherings. Not interested in that, the entire back of the building could easily be converted to separate, permanent bedrooms. With the current zoning of MU, this property can be used for a commercial purpose as well. Within walking distance to river trail, trendy restaurants, shopping, music venues and more! The property next door is also for sale. 1524 Water St

194 days
30
0

Facts & features

Interior

Rooms

Room types: Great Room, Utility Room, Other-See Remarks

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Electric Range, Refrigerator, Electric Water Heater, Water Heater/Gas Installed
Laundry: Inside, Laundry Room

Features

Flooring: Vinyl
Attic: None
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,536
Total interior livable area: 1,536 sqft

Property

Parking

Parking features: No Garage/Carport

Accessibility

Accessibility features: Handicap Design

Features

Levels: One
Stories: 1
Exterior features: Other
Waterfront features: Other-See Remarks

Lot

Size: 7,000 Square Feet
Features: Level, City Lot

Details

Parcel number: 38480
Zoning: MU

Construction

Type & style

Home type: MultiFamily
Architectural style: Cottage
Property subtype: Multi Family

Materials

HardiPlank Type
Foundation: Pier & Beam
Roof: Metal

Condition

Year built: 2012

Utilities & green energy

Electric: KPUB
Gas: Installed
Sewer: Public Sewer, CITY
Water: Public, CITY
Utilities for property: Electricity Connected

Community & HOA

Community

Subdivision: None

Location

Region: Kerrville

Financial & listing details

Price per square foot: $195/sqft
Tax assessed value: $306,243
Date on market: 3/31/2026
Listing terms: Cash,Conventional,FHA,VA Loan,Texas Vet,USDA Loan
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

$290,600

$276,000 - $305,000

$1,662/mo

Price history

Date	Event	Price
3/31/2026	Listed for sale	$299,000-6.6%$195/sqft
Source: KVMLS #123929 Report a problem
8/1/2024	Listing removed	$320,000$208/sqft
Source: KVMLS #113830 Report a problem
1/8/2024	Listed for sale	$320,000$208/sqft
Source: KVMLS #113830 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$205,045 +20%
2024	$3,158 +117.6%	$170,871
2023	$1,451 -4.3%	$170,871 +13%
2022	$1,517 +14.3%	$151,190 +12.8%
2021	$1,327 -1.1%	$134,083 +1.4%
2020	$1,341 +9%	$132,257 +16.5%
2019	$1,231	$113,554 +5.6%
2018	--	$107,554 +5.2%
2017	--	$102,230 +3.4%
2016	--	$98,830
2015	--	$98,830 +126.2%
2014	--	$43,690 +617.4%
2012	--	$6,090
2011	--	$6,090
2010	--	$6,090
2009	--	$6,090 -84.7%
2008	--	$39,774 +3.2%
2007	--	$38,553