1959 Arcadia Loop

Kerrville, TX 78028

$765,000
Price
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Beds
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Sq. Ft.
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per Sq. Ft.

Description

River front! Don't miss this unique opportunity to acquire a duplex nestled along the scenic Guadalupe River! Consisting of two spacious units, Unit A spans 1000 sq ft while Unit B offers 1200 sq ft. Unit A boasts a convenient single-story layout with 2 bedrooms and 1 bathroom, while Unit B provides ample space with its two-story configuration featuring 3 bedrooms and 2 bathrooms, ensuring both comfort and privacy for residents. Step inside to discover beautifully updated interiors that enhance the...River front! Don't miss this unique opportunity to acquire a duplex nestled along the scenic Guadalupe River! Consisting of two spacious units, Unit A spans 1000 sq ft while Unit B offers 1200 sq ft. Unit A boasts a convenient single-story layout with 2 bedrooms and 1 bathroom, while Unit B provides ample space with its two-story configuration featuring 3 bedrooms and 2 bathrooms, ensuring both comfort and privacy for residents. Step inside to discover beautifully updated interiors that enhance the overall appeal of the property. However, the true highlight lies in the expansive 1.93-acre parcel of land, offering breathtaking views of the surrounding Hill Country and direct access to the Guadalupe River. Imagine spending leisurely days fishing, kayaking, or simply soaking in the serene ambiance right from your doorstep. Whether you're considering a 1031 exchange or seeking a long-term investment opportunity, this duplex presents great potential for financial growth. Its versatility allows for various uses, whether as a primary residence with a mother-in-law suite or as a secondary income-generating property. This duplex offers residents easy access to everyday conveniences.
  1. Listed by Julie Becker • TREC #628057 • Fore Premier Properties • julie@forepremierproperties.com

Property Details for 1959 Arcadia Loop

School District
Kerrville.
Subdivision
N/A
Exterior
Stucco

Location

Listing Courtesy of Fore Premier Properties
Add your commute
LISTING UPDATED: 04/14/2024 02:05 AM

Property Details for 1959 Arcadia Loop

StatusActive
MLS #1763604
Days on Market31
Taxes$768,687 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Two Story
Year Built1940
Lot Size1.93 AC / 84,070 SF
CountyKerr County

Location

Listing Courtesy of Fore Premier Properties
Add your commute

Building Information for 1959 Arcadia Loop

Stories-Residences2Year Built1940Building Size-Lot Size1.93 AC / 84,070 SF

Payment Calculator

$68,232 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,175

Property Taxes

$64,057

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1959 Arcadia Loop

Summary
Location and General Information
  • Area: 3100
  • Elementary School: Tally
  • Middle School: Peterson
  • High School: Tivy
  • Instruction/Direction: wy 27 west to Arcadia Loop, turn left- continue - see sign on the right hand side.
  • Accessible/Adaptive Home: No
  • County: Kerr
  • State: TX
  • Zip: 78028
  • City: Kerrville
Taxes and HOA Information
  • HOA Mandatory: None
  • Taxed By Mltpl Counties: No
  • Tax Property ID: 48930010000100
Property
Property and Assessments
  • Legal Description: LIMESTONE BEACH BLK 1 LOT 1 ACRES 1.93
  • Subdivision Legal Name: N/A
  • Builder Name: Unknown
  • Year Built: 1940
  • Type: Two Story
Lot Information
  • Legal Desc-Lot: 1
  • Apprx Age: 84
  • Lot Size: 1.93
Utilities
  • Air Conditioning: Two Central
  • Heat: Central, 2 Units
  • Heating Fuel: Electric
  • Water/Sewer: City
  • Meters: Common Water, Common Electric
Interior and Exterior Features
Interior Features
  • Flooring: Saltillo Tile, Laminate
Exterior Features
  • Exterior Features: Covered Patio, Level, Guadalupe River
  • Roofing: Metal
  • Foundation: Slab
  • Proposed Terms: Conventional, Cash
Multi Family
Multi-Family Information
  • Annual Operating Expense: 13660.0
  • Gross Annual Income: 45000.0
  • Operating Expense Includes: Taxes, Insurance, Maintenance, Management
  • Net Operating Income: 31940.0
Unit 1
  • Unit 1 Info: Oven/Stove, Dishwasher, Refrigerator, Stacked Washer/Dryer, Window Coverings
  • U1 Occupied: No
  • U1 Bedroom: 2
  • U1 Fulls Baths: 1
  • U1 Half Baths: 0
  • U1 Handicap Access: No
  • U1 Num of Parking Spaces: 2
  • U1 Park Type: Pad
  • U1 Rent: $1,500.00
Unit 2
  • Unit 2 Info: Oven/Stove, Dishwasher, Refrigerator
  • U2 Occupied: Yes
  • U2 Bedroom: 3
  • U2 Full Baths: 2
  • U2 Half Baths: 0
  • U2 Handicap Access: No
  • U2 Num of Parking Spaces: 2
  • U2 Park Type: Carport
  • U2 Rent: $2,300.00
Agent
Sale and Listing
  • Contract: Exclusive Right To Sell

Property History for 1959 Arcadia Loop

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1959 Arcadia Loop

Taxable ValueLand$121,977Additions$291,750Total$413,727
Tax Record2023$7,767 ($647 / month)
Home Facts
Beds4Total Finished SqFt2,400 SqFtAbove Grade Finished SqFt2,400 SqFtLot Size84,071 SqFtStyleSingle Family ResidenceYear Built1940CountyKERRAPN529978Fireplace TypeMasonry

Schools near 1959 Arcadia Loop

This home is within Kerrville Independent School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Fred High Tally Elementary School
PublicK to 5

Peterson Middle School
Public6 to 8

Tivy High School
Public9 to 12

Hill Country High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1959 Arcadia Loop is a multi-family home for sale in Kerrville, TX 78028. This property was listed for sale on April 3, 2024 by Fore Premier Properties, it's currently listed at $765,000. This listing's school district is Kerrville Independent School District. Nearby schools include Fred High Tally Elementary School, Peterson Middle School and Tivy High School. 1959 Arcadia Loop is a 0-bed, 0-bath, multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fore Premier Properties

Based on information from one of the following Multiple Listing Services: Kerville Board of realtors, SABOR, ACTRIS, HAR and/or CTXMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Kerville Board of realtors, SABOR, ACTRIS, HAR and/or CTXMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.