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Dainelle Scott

Team Owner | Rise Property Group | Keller Williams Boerne | PLACE

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124 Madrona , Kerrville, TX 78028
$1,250,000
Est. Payment: $2,777.78/mo
0 Bed
0 Bath
2578 Sqft
Status: Active | Days on site: 49
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House Description

The Madrona Collection | Highway 16 Commercial & Hospitality Opportunity: This 6.98-acre Hill Country retreat offers exceptional Hwy 16 frontage, no residential restrictions, and outstanding development potential for hospitality, retail, events, or residential use. The existing duplex and manufactured home provide immediate rental income while you bring your vision to life. Units A & B of the fully furnished 1,938 sq ft duplex (built in 2019) each feature one bedroom, a 4-bunk sleeping loft, full bathrooms on both levels, a retro spiral staircase, private laundry, and an exterior staircase leading to the primary bedroom deck. They have a semi-private outdoor living space complete with a grill, dining area, covered patio, waterfall, hot tub, and propane fire pit. Unit C is a fully furnished 640 sq ft one-bedroom, one-bath manufactured home with its own private deck, hot tub, propane fire pit, grill, and dining area. Additional amenities include a lighted gathering patio with games, grilling and dining areas, plus a separate air-conditioned building with restrooms and storage. All appliances/furnishings convey. www.TheMadronaCollection.com

Highlights

Listed by Jessica Kester , 8302856140 and Lara Hicks , 8307771356 Signature Realty , 8304603754.

Property Type

Commercial Sale

Lot/Acreage
6.98

Year Built

2019

County

Kerr

Area

42-Kerrville South

Neighborhood

DeLeon Estates

Listing ID

125084

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central,Electric
Fireplaces:
Floor:Vinyl
Water:Central

Exterior Features

Lot:Corner Lot,Exceptional View,Level
Garage Capacity:0
Zoning:None
Roof:Other-See Remarks
Sewer:Septic Licensed
Principal Interest
$2,778
Taxes
$797

Home Price

$1,250,000

Loan Details

30 yrs
%

Down Payment

20%
$250,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,777.78 $796.88 $0.00 $3,574.65
Yearly $33,333.33 $9,562.50 $0.00 $42,895.83
Total $1,000,000.00 $286,875.00 $0.00 $1,286,875.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Kerrville, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.