Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$2,200,000

1700 Water St, Kerrville, TX, 78028

On MarketInfo
Just AddedInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths14,079 Sq Ft
price_per_sqft$156.26 / sqft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size19,001 sqft

Land Information

APN38465
Lot Number5,6
SubdivisionJa Tivy Addn
Land UseCommercial
Legal DescriptionJA TIVY ADDN BLK 13 LOT 6 & 5
Census Tract960601
Assessed Land Value$125,400
Assessed Improvement Value$410,123
Assessment Year2025

About this property

Positioned along one of Kerrville's most recognizable and evolving commercial corridors, this rare 1.75 acre multi-tenant investment opportunity offers a compelling blend of stabilized income, strong visibility, and long-term upside potential. Spanning multiple contiguous parcels along Water Street, Broadway, and G Street, the property is home to an established collection of local businesses including Blue Roan Coffee Co., STP&S Benjamin Moore Paints, East End Vintage Market, and East End Pizza Co. The diverse tenant mix creates a vibrant destination atmosphere while generating multiple streams of rental income and steady daily traffic. Currently operating as a stabilized income-producing asset with established tenancy already in place, the property offers immediate cash flow while still presenting future potential for continued growth, redevelopment, expansion, or repositioning. Prominent frontage, established improvements, and a highly visible in-town location surrounded by continued growth and revitalization further enhance the long-term appeal of this unique commercial offering. Businesses are not for sale. Offering is for real estate only.

Investor Tools

$0Estimated Mortgage Balance
$535,523Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,200 /month
Positive
Cash Flow Estimate:
$4,400 /month

Interested in this property?

Laura Fore

Fore Premier Properties

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$664/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,294
$535,523
2025
$125,400
$410,123
$535,523
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,294
$535,523

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$535,523
100%
0%
$0/mo

City: Kerrville