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$230,000

311 Leslie Dr, Kerrville, TX, 78028

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,596 Sq Ft
OtherOther
price_per_sqft$144.11 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size21,780 sqft

Building Information

Year Built1993

Land Information

APN60458
Lot Number1
SubdivisionFarmers Home Addn
Land UseResidential
Legal DescriptionFARMERS HOME ADDN BLK 1 LOT 1 ACRES 0.5
Census Tract960500
Assessed Land Value$25,000
Assessed Improvement Value$128,656
Assessment Year2025

About this property

Charming 3 bed, 2 bath home on a spacious 0.5-acre lot in Kerrville’s Farmers Home Addition. This well-kept property features mature trees, a fenced yard, and plenty of space for expansion—ideal for a growing family, investor, or small business. Located just about a mile from I-10, it offers quick access to major roads while still being close to shopping and dining. Zoned Residential Transition (RT), this home has potential for commercial or mixed-use development. Whether you're a first-time homebuyer or looking for an investment, this property provides flexibility and opportunity. With its solid layout, ample yard space, and desirable location, 311 Leslie Drive is a smart choice for anyone looking to live, rent, or build in Kerrville.

Investor Tools

$0Estimated Mortgage Balance
$280,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$168/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$621
$144,731
2025
$25,000
$128,656
$153,656
No

Tax History

Year
Tax Paid
Assessed Value
2024
$621
$144,731

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$262,000
100%
0%
$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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311 Leslie Dr | Property Details | No Agent List