385 Camino Real Active Save Request In-Person Tour Request Virtual Tour
Kerrville,TX 78028
Key Details
Property Type Single Family Home, Vacant Land
Sub Type See Remarks
Listing Status Active
Purchase Type For Sale
Square Footage 5,192 sqft
Price per Sqft $189
Subdivision Hidden Valley Ranch
MLS Listing ID 1194932
Bedrooms 13
Full Baths 9
Annual Tax Amount $3,484
Tax Year 2024
Lot Size 10.000 Acres
Property Sub-Type See Remarks
Property Description
INVESTMENT OFFERING MEMORANDUM
138 GREY MOSS COURT
INGRAM, TEXAS 78025
Income-Producing Rental Property
We are pleased to present an exceptional investment opportunity featuring a fully-occupied property in the desirable Westwood Oaks subdivision of Ingram, Texas. This turnkey investment offers immediate cash flow with strong fundamentals and a proven rental history. Seller financing may be available for qualified buyers.
Key Investment Metrics
Annual Gross Income $33,225
Current Occupancy 100%
PROPERTY OVERVIEW
Property Specifications
2,063± total square feet
0.38 acre lot with mature landscaping
Two separate homes: one 3/2 1,368 SF mobile home and one 1/1 694 SF cottage
Renovated in 2022
Ingram Independent School District
Location Advantages:
- Westwood Oaks subdivision
- Texas Hill Country setting
- Strong rental market fundamentals
- Proximity to Kerrville and San Antonio
- Quality school district
- Property Features
- Quality wood-look cabinetry throughout
- Vinyl flooring and luxury countertops
- Modern appliances in both units
- Fenced between units for privacy
- Low-maintenance construction
Investment Highlights
- Established tenant base
- Recent renovations completed
- Minimal capital expenditure needs
- Stable cash flow history
- Seller financing may be available to qualified candidates
CURRENT RENT ROLL
Unit A
Monthly Rent: $1,550
Unit Size: 3BR/2BA, 1,368 SF
Lease Start: October 1, 2024
Term: 12 months
Security Deposit: $1,650
Unit B
Monthly Rent: $1,200
Unit Size: 1BR/1BA, 694 SF
Lease Start: June 1, 2025
Term: 12 months
Security Deposit: $1,350
Total Monthly Rental Income: $2,750
Key Investment Metrics Summary
- Immediate income generation upon acquisition
- Stable tenant base with established leases
- Turnkey Property - Recently renovated and fully occupied
- Low Maintenance - Minimal ongoing capital expenditure needs
- Stable Cash Flow - Proven rental history with quality tenants
Location
State TX
County Kerr
Area Out Of Area
Interior
Heating Central
Cooling Central Air
Flooring Wood
Exterior
Fence Fenced
Pool None
Community Features Common Grounds
Utilities Available Electricity Connected,Water Connected
Waterfront Description None
View Hill Country,Trees/Woods
Roof Type Shingle
Building
Lot Description Level
Sewer Private Sewer
Water Private
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools Outside School District
Middle Schools Outside School District
High Schools Outside School District
School District Kerrville Isd
Others
Acceptable Financing Cash,Conventional,Owner May Carry,See Remarks
Listing Terms Cash,Conventional,Owner May Carry,See Remarks
Special Listing Condition Standard