405 W Avenue EAlpine, TX 79830

Description

The Morning Star Estate - Historic Charm Meets Income Potential | Alpine, TX. Set on approximately 1.08 acres just blocks from downtown Alpine, this rare offering pairs a beautifully preserved 1913 home with a fully separate, renovated duplex-creating a turnkey opportunity for multigenerational living, extended family, or an established rental portfolio. The Morning Star | Main House - Built in 1913 and thoughtfully updated, the Morning Star offers approximately 2,050 square feet of Alpine history with 3 bedrooms and 2 baths. The kitchen and bathrooms have been tastefully renovated for modern living, including walk-in showers and a commercial double oven and griddle, while original character has been carefully preserved throughout. High ceilings, hardwood floors, mahogany trim, chandeliers, and vintage architectural details give the home a warm, distinctive feel that cannot be recreated. The Morning Star Stables | Duplex - A separate approximately 1,620-square-foot duplex sits on the property and includes two independent, fully furnished residences. Both units have been renovated and offer flexibility for extended family, long-term tenants, or short-term rental income. Each residence includes two mini-split heating and cooling units, updated kitchens and baths, and furnishings. The estate spans seven lots, offering meaningful room for expansion beyond the three existing residences. The additional land creates potential for more guest accommodations, outdoor gathering spaces, hospitality amenities, residential and commercial development, subject to local approvals. Located just two blocks from Brewster County Courthouse and the historic Holland Hotel on Alpine's main thoroughfare, the property benefits from strong visibility and easy access to historic and eclectic dining, shopping and music venues. Currently operated using a combination of short- and long-term rentals and considered one of the more desirable and well-appointed stays in Alpine. Character, flexibility, and established income potential in one sale. Live in the main residence and rent the two guest residences, accommodate multiple generations, or continue operating the property as a furnished hospitality investment. Rental income history is available for qualified buyers. Most furnishings, decor, linens, kitchenware, and operational items convey with the sale for near turnkey transition.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

One Story / Texas Hill Country

Year built

1913

Stories

1

Living area

2,050 Sq Ft

Lot size

1.09 acres

Days on market

82

MLS^® Listing#

2001174

Property Features

Cooling

Ceiling Fan(s) · Central Air

Heating

Central · Electric

Flooring

Wood · Vinyl

Patio

Patio

Construction

Stucco

Foundation

Other

Roof

Metal

Windows

Window Coverings

Other structures

Other · Second Residence

Rooms

Schools

Elementary

Alpine Elementary

Middle

Alpine

High

Alpine High

District

Alpine Isd

Financial Details

HOA

None

Annual taxes

$8,777Tax year 2025

Parcel number

11875

Directions

heading W on Ave E, it's on the right