The Morning Star

Commercial · Texas · Alpine, Texas

For Sale  ·  Special Purpose  ·  5,290 SF  · 

The Morning Star Estate pairs historic charm with established income potential just blocks from downtown Alpine. Set across seven lots, the property combines a beautifully preserved 1913 main house with a fully separate, renovated duplex, creating a turnkey opportunity for multigenerational living, extended family, or a proven rental portfolio. The main house offers roughly 2,050 square feet of Alpine history, with 3 bedrooms, 2 baths, renovated kitchen and bathrooms, high ceilings, hardwood floors, mahogany trim, and original architectural details throughout. The adjacent duplex, "The Morning Star Stables," adds approximately 1,620 square feet across two independent, fully furnished residences, each with updated kitchens, baths, and mini-split heating and cooling. Located just two blocks from the Brewster County Courthouse and the historic Holland Hotel on Alpine's main thoroughfare, the property benefits from strong visibility and walkable access to dining, shopping, and music venues. The estate is currently operated as a mix of short- and long-term rentals and is considered one of Alpine's more desirable, well-appointed stays. Rental income history is available for qualified buyers, and most furnishings, decor, linens, and operational items convey with the sale for a near turnkey transition.

Property Details

Building ClassC
No. Stories1
Year Built1980 per official facts (narrative states main house built 1913 — discrepancy noted above)
Price Per SF$161.63
Main House ("The Morning Star")~2,050 SF, 3 bed/2 bath, built 1913, renovated kitchen/baths, commercial double oven and griddle
Duplex ("The Morning Star Stables")~1,620 SF, 2 fully furnished independent units, each with mini-split HVAC, updated kitchens/baths
Lot ConfigurationSpans 7 lots total, offering room for expansion
Location2 blocks from Brewster County Courthouse and the historic Holland Hotel, on Alpine's main thoroughfare

Property Highlights

  • Historic 1913 main house paired with a fully separate, renovated duplex
  • Estate spans 7 lots, offering room for future expansion
  • Currently operated as a mix of short- and long-term rentals
  • Two blocks from the Brewster County Courthouse and historic Holland Hotel
  • Main house features original hardwood floors, mahogany trim, and vintage architectural details
  • Duplex includes two fully furnished, independent units ideal for rental income
  • Most furnishings, decor, linens, and operational items convey with the sale
  • Rental income history available for qualified buyers
  • Strong walkability and visibility on Alpine's main thoroughfare

Area & Market

[AREA & MARKET SLOT — trade area, demographics, traffic, and market context. Source: Dana (fallback: generic input). SEO + GEO.]

Location

Approximate location. Boundary lines are for illustration only and are not a survey.

Listing Agents

Traci Frasier
Traci Frasier
Richmond Frasier
Richmond Frasier
Broker | Owner

Frequently Asked Questions

What is the asking price for The Morning Star?

The Morning Star Estate is offered at $855,000, or approximately $161.63 per square foot.

How big is the property?

The building totals 5,290 square feet on a lot spanning multiple parcels (listed officially at 0.66± acres; the estate description references approximately 1.08 acres across 7 lots).

What structures are included?

The property includes a 1913 main house (~2,050 SF, 3BR/2BA) and a separate renovated duplex, "The Morning Star Stables" (~1,620 SF, two fully furnished units).

Where is the property located?

The property is located at 405 W Avenue E in Alpine, Texas (Brewster County), two blocks from the Brewster County Courthouse and the historic Holland Hotel.

Is the property currently generating income?

Yes. It is currently operated as a mix of short- and long-term rentals, and rental income history is available for qualified buyers.

Does the sale include furnishings?

Yes. Most furnishings, decor, linens, kitchenware, and operational items convey with the sale for a near turnkey transition.

Is there room for expansion?

Yes. The estate spans seven lots, leaving room for additional guest accommodations, outdoor space, or further development, subject to local approvals.

Who is the listing broker?

The listing is handled by Traci Frasier and Richmond Frasier at Legacy Broker Group.

Work with Legacy Broker Group

Our Commercial division represents buyers, sellers, and investors across the Texas Hill Country and beyond. Talk to a commercial advisor.