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504 Tivy 504 Tivy St 5,782 SF 100% Leased Flex Building Kerrville, TX 78028 $2,799,000 ($484.09/SF)
Executive Summary
Rare opportunity to own a truly one-of-a-kind Kerrville property blending history, craftsmanship, and modern design. Originally established in 1927 as a small farmstead, the property has thoughtfully evolved over time while preserving its historic character. Multiple structures totaling approximately 5,782 square feet are arranged to create four distinct living spaces with inviting shared areas, offering exceptional flexibility for residential, retreat-style living, or short-term rental potential. The original 1927 bungalow has been carefully renovated to honor its heritage, with reclaimed doors, preserved architectural details, and intentional material choices that celebrate its past. Mature trees - including a historic Bois d'Arc - and updated landscaping create a serene, tucked-away setting in the heart of town. A standout feature is the modern barndominium residence built in 2021, designed to complement the original home while adding contemporary comfort. This distinctive space features a dramatic great room with soaring wood-beamed ceilings, a striking stone fireplace with exposed pipe detail, and curated vintage elements throughout. The warm, character-rich design blends rustic materials with modern functionality, creating an unforgettable living environment. Outdoor improvements include added parking, walkways, and charming gathering areas that enhance both usability and atmosphere. All of this sits on a corner lot in a convenient in-town location close to shopping, dining, and local amenities. Buyer to verify zoning and intended use with the City of Kerrville. All furnishings in the income-producing units convey with the sale, creating a turnkey opportunity, while the primary residential living space is offered unfurnished.
Property Facts
| Price | $2,799,000 | Rentable Building Area | 5,782 SF |
| Price Per SF | $484.09 | No. Stories | 2 |
| Sale Type | Investment | Year Built | 2020 |
| Property Type | Flex | Clear Ceiling Height | 9’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.48 AC | ||
| Zoning | R-2 | ||
| Price | $2,799,000 |
| Price Per SF | $484.09 |
| Sale Type | Investment |
| Property Type | Flex |
| Building Class | B |
| Lot Size | 0.48 AC |
| Rentable Building Area | 5,782 SF |
| No. Stories | 2 |
| Year Built | 2020 |
| Clear Ceiling Height | 9’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | R-2 |
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Property Taxes
| Parcel Number | R543318 | Improvements Assessment | $436,178 |
| Land Assessment | $0 | Total Assessment | $436,178 |
Property Taxes
Parcel Number
R543318
Land Assessment
$0
Improvements Assessment
$436,178
Total Assessment
$436,178
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504 Tivy | 504 Tivy St
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