6-Unit Multifamily in Kerrville, TX
TX · listed Oct 29, 2026 (today)
- $/unit
- $166,167
- ▲ 66% vs TX · 79th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 6
Financials
- Asking price
- $997,000
- Price per unit
- $166,167
- Price per sq ft
- Not stated
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 6
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Available
Listing
- Listed
- Oct 29, 2026
- Days on market
- Today
- On MultifamilyRadar
- Oct 29, 2026
- Last price change
- Not stated
- Location
- City only
- Listing #
- 2261
About this property
🏠 6-Unit Multifamily | Kerrville, TX Hill Country | $997,000
3 separate duplexes on 3 separate parcels — qualifies for residential financing instead of commercial. Big deal for buyers who want better rates and lower down payment on a 6-unit.
🏡 6 units | 5,850 SF | 0.50 AC
📍 Downtown Kerrville, 2 blocks from courthouse
📅 Built 1973 | Owner since 2017
🔑 100% occupied | Long-term tenants | Never vacant
⚡ Tenants pay own utilities
🔧 5 of 6 units fully renovated
📈 2 units currently below market — upside on turnover
Expenses (verified):
🏦 Taxes: $7,884/yr
🛡️ Insurance: $3,689/yr across 3 policies
💡 Utilities: $0 to owner
Fredericksburg is 25 miles east & rents there run significantly higher, so you get a built-in tenant pool of people who work there and live in Kerrville for the cost difference.
Seller financing may be available with a strong down payment.
👇 Full details, rent roll, and financials:
Location
Somewhere in Kerrville. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Kerrville, TX6-Unit Kerrville TX Multifamily - 3 Duplexes, Residential FinancingOwner financingStabilized | $997K | $166K$166K | 5% |
 Devine, TX28-Unit Value-Add Multifamily, 3.75 Acres - $6,150/Mo In PlaceExclusiveValue-add | $450K | $16K$16K | — |
| Kerrville, TX NewOwner financingStabilized | $997K | $166K$166K | — |
 Kerrville, TXNewHigh yield | $1.1M | $52K$52K | 9% |
 Kerrville, TXHigh yieldValue-add | $1.1M | $52K$52K | 9% |
 Kerrville, TXHigh yieldStabilized | $865K | $173K$173K | 9% |