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Days56Days on Market
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$199,000

$205,000

117 Reading Avenue N, Kerrville, TX, 78010

On MarketInfo
Price DropInfo
Beds2 Beds
Baths1 Bath
Baths1,024 Sq Ft
price_per_sqft$194.34 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Must-SellHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesOther

Exterior

Lot Size20,909 sqft

Building Information

Year Built1986
Garage Spaces1

Land Information

APN33751
Lot Number33
SubdivisionPark Place #2
Land UseResidential
Legal DescriptionPARK PLACE #2 LOT 33 ACRES .48
Census Tract960800
Assessed Land Value$35,000
Assessed Improvement Value$131,224
Assessment Year2025

About this property

Step inside to a cozy, light-filled living space anchored by a stunning antique wood-burning stove. The entire home boasts fresh paint, new Moen fixtures, and a beautifully renovated bathroom. Major systems have been completely modernized, including brand-new mini-splits for efficient cooling, a 2020 electrical overhaul, 2021 plumbing updates, and a rock-solid 18-month-old metal roof. Spend your evenings relaxing on the covered front porch or utilizing the expansive acreage. Complete with a carport, this property is the definition of ready to enjoy.

Investor Tools

$7,456Estimated Mortgage Balance
$212,544Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

Interested in this property?

Jonathan Swearingin

Monument Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$161/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$830
$137,106
2025
$35,000
$131,224
$166,224
No

Tax History

Year
Tax Paid
Assessed Value
2024
$830
$137,106

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Secretary Housing Urban Development
Fha
$9,997
Yes
First
Dec 12, 2014
Jan 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$7,456
$212,544
96%
3%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Kerrville

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117 Reading Avenue N | Property Details | No Agent List