405 W Avenue E

Alpine, TX 79830

About this property

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.

About this property

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.

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$855,000 Active
3 Bed(s)
2
Baths
2,050 sqft

Presented By Coldwell Banker Commercial Gateway

Agent Image
Get in touch today! Phone: 1-956-937-2930
Brokerage
Legacy Broker Group
1-830-446-3378
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

Brewster | Brewster County | N/A

$ 855,000
This listing is play_arrow 192.8% higher than the average in the area
$ 292,000 in the area
2,050 SqFt
This listing is play_arrow 33.5% larger than the average in the area
1,536 SqFt in the area
$ 417 $/SqFt
This listing is play_arrow 117.3% more than the average in the area
$ 192 $/SqFt in the area
41 days on site
This listing is play_arrow 76.2% below the average in the area
173 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
    Alpine Elementary
  • turned_in
    Middle School
    Alpine
  • turned_in
    High School
    Alpine High

Want to See More Listings in the Area?

Listed By Traci Frasier
Brokerage: Legacy Broker Group

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Coldwell Banker Commercial Gateway

By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker DAnn Harper at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
Real Estate Links Our Domains