Off Market 6 Acres w/ Mobile Home in Kerrville - Selling UNDER $25k/acre!!

[Raul Martinez]

Address: 131 AdkinsRd, Kerrville, TX 78028

DEAL BREAKDOWN:
Six beautiful acres with lots of frontage in the scenic hill country in Kerrville, TX! Selling just under $25k/acre, this grand property boasts great frontage access and a lot of additional space to build or add more mobile homes on. This property also features a 1556 sq ft mobile home, garage/workshop, and an additional shed for storage. Possibilities are endless here and the views are just phenomenal. Call us for more info!

NUMBERS:
Price: $149,900

ARV: Strategy dependent. Single family residences with smaller lot sizes are selling over $400K!

PROPERTY DETAILS:
Acreage: 6.07 (Per CAD)

Lot Sq Ft: 264,409 

Subdivision: Spicer Rch 2
Flood Zone: No

PICTURES:https://www.dropbox.com/scl/fo/b2yaz19otb5xxu2dc92m2/AFEvRypVy9ZoywPBBVTjB-w?rlkey=pd1bsf8g58ysafprbqht2pgc6&st=79jtem1k&dl=0


COMPS BREAKDOWN: 

Sold Comps:

1) 605 Bushwhack Rd - This heavily wooded and undeveloped lot sits on 1.32 acres and sold for $125,000 in October of 2023. 

2) 3601 Medina Hwy - This property sold for $229,000 in June of this year. It is heavily wooded with a very distressed house on it. The listing agent was also marketing it as just the land.

3) 123 Whitewing Dr - This manufactured home sits on a 0.7 acre lot and sold for $250,000 in July of this year. 4) 211 Sparkman Dr - This property sold for $273,000 just a few months ago in September of this year. It's a 1568 sq ft manufactured home, built in 2023, and sits on 1.32 acres.

5) 253 Camino Real Rd - This property sold for $350,000 in March of this year. It was 6 acres of cleared, vacant land. Additionally, it sits in a flood zone with a creek running through the middle of the property. 

6) 456 Camino Real Rd - This property sold for $402,500 in December 2023. It is 5.27 acres with a 1314 sq ft home built in the 1980s.

7) 162 Molina Dr - This property sold for $419,000 in July of 2023. It boasts 5.71 acres and a manufactured home built in 1996. 

8) 556 Spicer Loop - This property is in our same subdivision and sold for $840,000 and closed earlier this month. It features a barndominium built in 2009 along with a garage and additional workshop spaces. It also sits on a total of 8.3 acres.

OCCUPANCY/ACCESS: Vacant on Wednesday, 1/22/2025. I must be present for access. Contact for access!