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For sale
    • Price cut: $10K (7/1)
    $854,500

    502 Lost Valley Rd, Kerrville, TX 78028

    5beds
    2,955sqft
    : 
    $6,913/mo
    Get pre-qualified
    Single Family Residence
    Built in 2004
    19.69 Acres Lot
    $831,700 Zestimate®
    $289/sqft
    $476/mo HOA

    What's special

    Wood-burning fireplaceSeasonal creekHardiplank and rock constructionOpen floor planHigh ceilingsWater softenerFormal dining or office
    Spacious Hill Country retreat in highly sought-after Tierra Linda Ranch! This 5-bedroom, 4.5-bath home sits on 19.69 acres across three separately platted lots—ideal for privacy, future development, or multi-generational living. Enjoy scenic views, a seasonal creek, and a prime location near the front of the ranch for easy I-10 access while maintaining a secluded feel. The main level features a primary suite, open floor plan, high ceilings, wood-burning fireplace, large kitchen with island and eat-in area, formal dining or office, guest half bath, and laundry room. Upstairs offers a second primary suite, three additional bedrooms, two baths, and a loft living area. Luxury vinyl tile runs throughout. Step outside to enjoy abundant wildlife and picturesque views from the back patio. The exterior features Hardiplank & rock construction, 6”+ walls, standing seam metal roof, newer water pump, water softener, insulated well house & garage, and fresh interior/exterior paint. Ag-exempt Firewise community w/amenities including horseback riding, tennis, pool, lakes, private airport, and trails. A rare opportunity for privacy, space, and Hill Country living!
    133 days
    |
    208
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Angela Walters,

    RE/MAX Kerrville

    Source: KVMLS,MLS#: 123822

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Dining Room, Kitchen Combo, Large Master Bedroom, Office, Rec Room, Two Living Areas, Utility Room, Other-See Remarks
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Electric Cooktop, Dishwasher, Disposal, Microwave, Self Cleaning Oven, Electric Water Heater
      • Laundry: Inside, Laundry Room
      Features
      • High Ceilings, Shower Stall, Stairs/Steps, Walk-In Closet(s), Other, Master Downstairs
      • Flooring: Carpet, Tile, Vinyl
      • Attic: Other
      • Has fireplace: Yes
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 2,955
      • Total interior livable area: 2,955 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: 2 Car Garage, Attached
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck/Patio
      • Exterior features: Stairs/Steps, Other
      • Has view: Yes
      • Waterfront features: Other-See Remarks
      Lot
      • Size: 19.69 Acres
      • Features: Ag Exempt, Views, Farm, Other
      • Topography: Sloping
      • Residential vegetation: Partially Wooded
      Details
      • Parcel number: 87574
      • Zoning: R1

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Hill Country
      • Property subtype: Single Family Residence
      Materials
      • HardiPlank Type, Rock
      • Foundation: Pier & Beam, Slab
      • Roof: Metal
      Condition
      • Year built: 2004

      Utilities & green energy

      • Electric: CTEC
      • Sewer: Septic Tank, Septic
      • Water: Well
      • Utilities for property: Electricity Connected, Garbage Service-Private

      Community & HOA

      Community
      • Subdivision: Tierra Linda Ranches
      HOA
      • Has HOA: Yes
      • HOA fee: $1,428 quarterly
      Location
      • Region: Kerrville

      Financial & listing details

      • Price per square foot: $289/sqft
      • Tax assessed value: $711,660
      • Annual tax amount: $6,693
      • Date on market: 3/19/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes
      • Road surface type: Chip And Seal

        Estimated market value

        $831,700

        $790,000 - $873,000

        $4,048/mo

        Price history

        DateEventPrice
        7/1/2026Price change$854,500-1.2%$289/sqft
        Source: KVMLS #123822 Report a problem
        6/1/2026Price change$864,500-1.1%$293/sqft
        Source: KVMLS #123822 Report a problem
        4/30/2026Price change$874,500-5.4%$296/sqft
        Source: KVMLS #123822 Report a problem
        3/19/2026Listed for sale$924,500-5.1%$313/sqft
        Source: KVMLS #123822 Report a problem
        3/18/2026Listing removed$974,500$330/sqft
        Source: KVMLS #120323 Report a problem
        1/22/2026Price change$974,500-2.5%$330/sqft
        Source: KVMLS #120323 Report a problem
        9/17/2025Listed for sale$999,500-13%$338/sqft
        Source: KVMLS #120323 Report a problem
        7/6/2025Listing removed$1,149,000$389/sqft
        Source: KVMLS #118258 Report a problem
        2/5/2025Listed for sale$1,149,000$389/sqft
        Source: KVMLS #118258 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,693 +1.2%$711,660 +1.2%
        2024$6,614 -1.4%$703,350
        2023$6,708 +2%$703,350 +27.6%
        2022$6,576 +10.6%$551,420 +14.6%
        2021$5,945 $481,170 +1.5%
        2020-- $474,250 +28.4%
        2018$5,276 $369,350 +1.3%
        2017-- $364,540 +6%
        2016-- $343,930 +4.6%
        2015-- $328,910
        2014-- $328,910
        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.
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        Climate risks

        Neighborhood: 78028

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

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

        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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