See Home Value
Kerr 78028
311 S Secret Valley Rd
$578,543*
Multifamily - Off Market

311 S Secret Valley Rd

Kerrville, TX 78028
bedrooms
8 Beds
bathrooms
7 Baths, 3 Half Baths
square feet
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.
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
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
House
3 Beds
2 Baths
1,792 ft²
$222/ft²
$398,500 Apr 19, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201023
10/23/2020
Studio
-
4758 ft²
$485,000
bedrooms
Studio
bathrooms
-
square feet
4758 ft²
-
-
-
-
20190324
03/24/2019
8 Bed
7 Bath
4758 ft²
$428,220
bedrooms
8 Bed
bathrooms
7 Bath
square feet
4758 ft²
-
-
-
-

Building Info

311 Secret Valley Drive 311 Secret Valley Drive, Kerrville, TX 78028
More about this Building
311 Secret Valley Drive
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About Kerr


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