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124 Madrona Dr, Kerrville, TX, 78028

5beds
5baths
2,578sqft
$1,250,000
$485price/sqft
$9,575/moest. monthly cost
$383,000/yrincome needed

About This Home

This 6.98 acre Hill Country getaway provides a commercial opportunity on Hwy 16, no residential restrictions, and a unique shape with lots of development potential as a residence or even RV Park. Units A & B of the 1,938 sq ft duplex (built 2019) each have one bedroom and a bunk area upstairs with a sleeper sofa downstairs. There are bathrooms with showers upstairs and downstairs. A retro metal spiral staircase is inside each unit and a wood staircase outside leads to a small deck entering into the primary bedroom. Both units have attached laundry rooms with washer and dryers. Semi-private decks provide entertaining space with a grill, dining area, and a lighted covered patio with a waterfall. Take a few steps down to the landscaped backyard to enjoy the hot tub and propane gas fire pit with additional seating. Unit C is a 1 Bed/1Bath, 640 sq ft manufactured home (2018) that has a private deck with hot tub, propane fire pit, grill, and dining area. The grounds have a wood-fire pit and sitting area, a lighted patio area with games, a grill, and dining tables. The air-conditioned outside structure has two bathrooms and storage area. All appliances/personal property convey!

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

7/10
Nimitz Elementary SchoolGrades K-52.9 mi
5/10
Peterson Middle SchoolGrades 6-85.0 mi
5/10
Tivy High SchoolGrades 9-124.9 mi

Construction

Condition

  • Year built: 2019

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family 5+ Acres

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Electric Range,Refrigerator,Washer,Electric Water Heater,Tankless Water Heater
  • Laundry features: Main Level,Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Stairs/Steps
  • Window features: Double Pane Windows
  • Flooring: Vinyl
  • Fireplace features: Other
  • Fireplace: Yes
  • Attic: Access Only

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,578
  • Total interior livable area: 2,578 sqft

Property

Details

  • Parcel number: 538891
  • Zoning: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck/Patio
  • Exterior features: Stairs/Steps,Other
  • Waterfront features: None

Lot

  • Lot size: 6.98 Acres
  • Features: Corner Lot,Level

Parking

  • Parking features: No Garage/Carport

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Tornado
Winter Weather

FEMA Declared Disasters Across Texas Counties

Flood
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,320$75,840
Home Insurance *$823$9,876
Property Taxes $2,149$25,788
Electricity $283$3,396
Total$9,575$114,900
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$328,285/yr
40% on housing$287,250/yr
45% on housing$255,333/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.5%
6.5%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -3.4%
-3.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$485This listing

vs Other Active Listings

Avg $/sqft

ZIP 78028$294
Kerr County$334

vs Homes Sold Last Month

Median $/sqft

ZIP 78028$191
Kerr County$191

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-06Listed for sale$1,250,000
2026-01-03Listing removed$2,750
2025-12-23Price change$2,750
2025-12-12Price change$3,000
2025-12-04Price change$3,500
2025-11-19Price change$3,250
2025-09-19Listed for rent$3,150
2025-07-16Listing removed$2,750
2025-06-25Listed for rent$2,750
2025-05-03Listing removed$2,750
2025-04-12Listed for rent$2,750
2025-02-20Listing removed$2,650
2025-02-03Listed for rent$2,650
2024-12-14Listing removed$2,250
2024-11-08Price change$2,250
2024-10-20Listed for rent$2,750
2024-10-03Listing removed$2,650
2024-09-15Listed for rent$2,650

For Sale by Agent

AgentJessica Kester
BrokerageJessica Kester, Broker

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