




$249,353
NAL Estimated Property Value516 Jefferson St, Kerrville, TX, 78028
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About this property
Downtown Kerrville, this property offers the perfect blend of urban & charming local culture. Just a short walk to the new HEB & the city parking garage, it places you within easy reach of all downtown attractions, making it ideal for both business & leisure. The property sits along the Kerrville Urban Trail System, encouraging more walking of the area. The building features a spacious backyard with mature trees, approved by the city for mobile food units. Inside, it currently houses a cocktail and coffee lounge, popular with both locals and visitors. Significant updates have been made to the property: the roof was redone in 2018, & in 2023, mini-split systems were installed for efficient heating & cooling. Additionally, the plumbing & electrical systems were fully redone in 2023, along w/the installation of a partial kitchen with grease traps, offering easy potential for conversion into a full restaurant. Zoned DAC, this property offers great flexibility for business ventures. Please note: the price is for real estate only, with bar equipment and the business available at a separate cost. Centrally located with modern updates & endless possibilities, this property is a standout.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Kerrville
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