$578,543*
●
Multifamily -
Off Market
311 S Secret Valley Rd
Kerrville, TX 78028
8 Beds
7 Baths,
3
Half Baths
4758 Sqft
$356,000 - $434,000
Reference Base Price*
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
This is an excellent investment opportunity. Occupancy has been at
100% for the past 4 years. This property is outside the city
limits, but still in close proximity to the post office, hospital,
shopping, schools, and restaurants. It is located on a private
cul-de-sac in a nice neighborhood. There are four large units with
adequate parking and a common laundry room. Three of the units are
2 bedrooms, 1 baths with an open floor plan for entertaining.
The other unit has 2 bedrooms 1 bath, and a laundry area with
connections. There are 2 units on the ground floor and 2 units on
the upper floor. There are large widows with window seats in the
upper units. In May, 2019, French drains were installed to correct
drainage issues, the septic system was emptied and inspected, new
glass top ranges were installed in all apartments, new vent hoods
were installed in apartments B, C, D, 6 new exterior doors were
installed, and a new refrigerator was installed in apartment A.
The manager has listed the unit size as 4758 square feet.
The manager has listed the unit size as 4758 square feet.
Unit Size
4,758Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$83
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1984
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 3, 2019 | No longer available | - | |
No longer available | |||
May 9, 2019 | Price Decreased |
$395,000
↓ $5K
(1.3%)
|
|
Price Decreased | |||
Apr 6, 2019 | Price Decreased |
$400,000
↓ $28K
(6.6%)
|
|
Price Decreased | |||
Mar 24, 2019 | Listed | $428,220 | |
Listed |
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
3
Beds
2
Baths
1,500 ft²
$263/ft²
$395,000
Jul 23, 2021
$395,000
Sep 2, 2021
$434/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/23/2020
|
|
Studio
|
-
|
4758 ft²
|
$485,000
Studio
-
4758 ft²
|
-
-
|
-
|
-
|
03/24/2019
|
|
8 Bed
|
7 Bath
|
4758 ft²
|
$428,220
8 Bed
7 Bath
4758 ft²
|
-
-
|
-
|
-
|