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405 W Avenue E, 
Alpine, TX 79830

$855,000


3

Beds


2

Baths


2,050

Sq Ft


Single Family

Active

Listed by

Traci Frasier

Legacy Broker Group

830-446-3378

Last updated:

August 29, 2026, 02:02 PM

MLS#

2001174

Source:

LERA

About This Home

405 W Avenue E

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.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1913

Subdivision & Development:

N/A

Price Summary

855,000

$417 per Sq. Ft.

MLS #:

2001174

Last Updated:

August 29, 2026, 02:02 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,050 Sq. Ft.


Structure

Structure

Architectural Style:

One Story, Texas Hill Country

Building Area:

2,050 Sq. Ft.

Year Built:

1913


Lot

Lot Size (Sq. Ft):

47,480


Finances & Disclosures

Finances

Price:

$855,000

Price per Sq. Ft:

$417 per Sq. Ft.

MLS Logo
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by LERA MLS (Local Expertise Regional Access).  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.