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For sale
    • Price cut: $105K (7/2)
    $995,000

    240 Peterson Farm Rd, Kerrville, TX 78028

    4beds
    4,795sqft
    : 
    $7,496/mo
    Get pre-qualified
    Single Family 5+ Acres
    Built in 1994
    9.75 Acres Lot
    $941,400 Zestimate®
    $208/sqft
    $-- HOA

    What's special

    New windowsArched patioPrivate driveNew roofUpdated kitchen
    Giddy Up Pardner! This Hill Country Ponderosa embraces you as soon a you enter the private drive and pull up to the arched patio. Almost 5,000 sq ft of good ol Hill Country charm divided into 4 beds/3 baths, updated kitchen, dining, new roof and 2 HVAC's, new windows, flooring, electrical, plumbing, and more. 4th bedroom & bath are upstairs with a private entrance and full kitchen. Perfect setup for guests, older kids, in laws, outlaws, or rental income. Large insulated workshop with 50 & 30 amp RV hookups, Livestock barn includes 16 stalls, 14 outside covered pens, with electricity/water, bathroom, kitchen area, hay loft, & wash rack. An additional 15 adjacent acres available to purchase. Owned by seller's parent. All of this with just a short drive to town. 5 minutes to groceries, doctors, restaurants, river trails, airport, music venues, and Interstate 10. It's the best of all the worlds!
    181 days
    |
    321
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kari Bock,

    Bock & Co LLC

    Source: KVMLS,MLS#: 121373

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Dining Room, Workshop
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Refrigerator, Electric Water Heater, Water Heater
      • Laundry: Inside, Laundry Room, W/D Connection
      Features
      • High Ceilings, Master Downstairs, Split Bedroom
      • Flooring: Carpet, Simulated Wood, Concrete
      • Windows: Double Pane Windows
      • Attic: Other
      • Has fireplace: Yes
      • Fireplace features: Bedroom, Great Room
      Interior area
      • Total structure area: 4,795
      • Total interior livable area: 4,795 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: 2 Car Carport, Attached
      • Carport spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck/Patio
      • Has view: Yes
      • Waterfront features: None
      Lot
      • Size: 9.75 Acres
      • Features: Views, Horse Property, Level, Open Lot, Farm
      • Residential vegetation: Partially Wooded
      Details
      • Additional structures: Workshop, Barn/Stable, Guest House
      • Parcel number: 66146
      • Zoning: Residential
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family 5+ Acres
      Materials
      • Rock Veneer
      • Foundation: Pier & Beam, Slab
      • Roof: Metal
      Condition
      • Year built: 1994

      Utilities & green energy

      • Electric: KPUB
      • Gas: None
      • Sewer: Septic Unlicensed, Septic
      • Water: Well
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Kerrville

      Financial & listing details

      • Price per square foot: $208/sqft
      • Tax assessed value: $956,450
      • Date on market: 1/29/2026
      • Listing terms: Cash,Conventional,VA Loan,Texas Vet
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        $941,400

        $894,000 - $988,000

        $4,587/mo

        Price history

        DateEventPrice
        7/2/2026Price change$995,000-9.5%$208/sqft
        Source: KVMLS #121373 Report a problem
        1/29/2026Listed for sale$1,100,000$229/sqft
        Source: KVMLS #121363 Report a problem
        1/15/2026Listing removed$1,100,000$229/sqft
        Source: My State MLS #11487799 Report a problem
        10/2/2025Price change$1,100,000-25.8%$229/sqft
        Source: My State MLS #11487799 Report a problem
        10/2/2025Listed for sale$1,482,000+34.7%$309/sqft
        Source: My State MLS #11487866 Report a problem
        9/17/2025Listing removed$1,100,000-25.8%$229/sqft
        Source: My State MLS #11487799 Report a problem
        5/8/2025Price change$1,482,000+34.7%$309/sqft
        Source: My State MLS #11487866 Report a problem
        5/1/2025Listed for sale$1,100,000$229/sqft
        Source: My State MLS #11487799 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $739,326 +20%
        2024$7,939 +51.7%$616,105
        2023$5,232 +267.3%$616,105 +35.3%
        2022$1,424 -0.3%$455,399 +10%
        2021$1,428 0%$413,999 +1.9%
        2020$1,429 +0.2%$406,475 +10%
        2019$1,426 $369,523 +10%
        2018-- $335,930 +10%
        2017-- $305,391 +2.7%
        2016-- $297,306
        2015-- $297,306
        2014-- $297,306
        2012-- $297,306
        2011-- $297,306 +26.6%
        2010-- $234,853
        2009-- $234,853
        2008-- $234,853 -9.7%
        2007-- $260,023
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 78028

        Getting around

        9 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Tom Daniels

        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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        A local lender can help you make sure your offer is ready when you are.

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