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For sale
    • Price cut: $100K (10/7)
    $865,000

    385 Camino Real Rd, Kerrville, TX 78028

    --beds
    0baths
    5,192sqft
    : 
    $6,745/mo
    Get pre-qualified
    Multi Family
    Built in ----
    -- sqft lot
    $800,000 Zestimate®
    $167/sqft
    $-- HOA

    What's special

    Private fenced yardsEstablished interior road systemPerimeter fencing
    Turnkey, income-producing mobile home mini park featuring 5 updated manufactured homes on ~10 unrestricted acres with 9% Cap Rate. INVESTMENT HIGHLIGHTS • Immediate return on your investment with 9% cap rate • 5 updated & recently remodeled units with private fenced yards & carports • Strong occupancy history with regular rent increases • Low-maintenance, owner-managed property • Diversified rental income from 5 separate units • Perimeter fencing & established interior road system WATER & INFRASTRUCTURE • Deep well with 2,500-gal storage tank • Public water access via Texas Utilities • Wet-weather creek & pond on site EXPANSION POTENTIAL • Undeveloped acreage offers growth for extra home sites or improvements • Existing infrastructure supports community expansion Offers immediate return on your investment with steady rental income, established occupancy, land, & future growth potential.
    32 days
    120
    5

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Steven Koleno TREC #0779766 804-656-5007,

    Beycome Brokerage Realty, LLC

    Source: HAR,MLS#: 51516227MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Electric
      Cooling
      • Electric
      Interior area
      • Total structure area: 5,192
      • Total interior livable area: 5,192 sqft
      Video & virtual tour

      Property

      Features
      • Stories: 1
      Lot
      • Size: 10 Acres
      • Dimensions: 660 x 660
      • Features: 10 Up to 15 Acres
      Details
      • Parcel number: 28767

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Roof: Composition
      Condition
      • New construction: No

      Community & HOA

      Community
      • Subdivision: Hidden Valley Ranch 2
      Location
      • Region: Kerrville

      Financial & listing details

      • Price per square foot: $167/sqft
      • Tax assessed value: $139,840
      • Date on market: 10/7/2026
      • Lease term: Month To Month

        Estimated market value

        $800,000

        $752,000 - $848,000

        $1,404/mo

        Price history

        DateEventPrice
        10/7/2026Price change$865,000-10.4%$167/sqft
        Source: HAR #51516227 Report a problem
        10/3/2026Listed for sale$965,000+1.7%$186/sqft
        Source: Owner Report a problem
        7/29/2026Listing removed$949,000$183/sqft
        Source: KVMLS #124098 Report a problem
        6/24/2026Price change$949,000-3.2%$183/sqft
        Source: KVMLS #124098 Report a problem
        4/9/2026Listed for sale$980,000-0.5%$189/sqft
        Source: KVMLS #124098 Report a problem
        3/16/2025Listing removed$985,000$190/sqft
        Source: Unlock MLS #5098657 Report a problem
        1/11/2024Listed for sale$985,000+462.9%$190/sqft
        Source: Unlock MLS #5098657 Report a problem
        10/30/2018Sold--
        Source: KVMLS #96991 Report a problem
        9/6/2018Pending sale$175,000$34/sqft
        Source: Sherman & Co #96991 Report a problem
        8/27/2018Listed for sale$175,000$34/sqft
        Source: Sherman & Co #96991 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $139,840
        2024$1,802 +51.7%$139,840
        2023$1,188 +98.4%$139,840
        2022$599 -10.9%$139,840
        2021$672 -3%$139,840 +1.4%
        2020$693 +1%$137,842 +9.3%
        2019$686 $126,089 -29.7%
        2018-- $179,291
        2017-- $179,291 +35.3%
        2016-- $132,541
        2015-- $132,541
        2014-- $132,541
        2012-- $132,541
        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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 78028

        Getting around

        0 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Nimitz Elementary School
        • Middle: Peterson Middle School
        • High: Tivy High School

        Source: HAR. 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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