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$169,000

408 Ruth Street, Kerrville, TX, 78028

$219,700 ARVInfo
PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,248 Sq Ft
price_per_sqft$135.42 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

BankruptcyPre-ForeclosureARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesOven, Electric Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size5,001 sqft

Building Information

Year Built1999

Land Information

APN520612
Lot Number4
SubdivisionWestland
Land UseResidential
Legal DescriptionWESTLAND BLK 12 LOT 4
Census Tract960404
Assessed Land Value$40,000
Assessed Improvement Value$174,342
Assessment Year2025

About this property

Welcome to Kerrville! This single-story home offers 1,248 square feet of living space with 3 bedrooms and 2 bathrooms. The home features a functional floor plan with comfortable living spaces. Conveniently located just minutes from downtown Kerrville, the property offers easy access to Interstate 10, Kerrville-Schreiner Park, Louise Hays Park, the Guadalupe River, Peterson Regional Medical Center, local shopping, restaurants, schools, and the Schreiner University campus. Whether commuting or enjoying outdoor recreation, this location provides convenient access to many of Kerrville's most popular destinations.

Investor Tools

$145,389Estimated Mortgage Balance
$141,611Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$219,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,722 /month
Positive
Cash Flow Estimate:
$574 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,166
$214,342
2025
$40,000
$174,342
$214,342
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,166
$214,342

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Va
$165,000
Yes
First
Jun 29, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,389
$141,611
49%
51%
$990/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.

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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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408 Ruth Street | Property Details | No Agent List