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$448,000

415 Meadow Ridge Dr, Kerrville, TX, 78028

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,115 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.82 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesMicrowave, Range, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesGarden, Private Yard
Lot Size12,872 sqft

Building Information

Year Built1982
Garage Spaces2

Land Information

APN26787
Lot Number4
SubdivisionForest West 4, Ph 1
Land UseResidential
Legal DescriptionFOREST WEST 4, PH 1 BLK 2 LOT 4
Census Tract960200
Assessed Land Value$60,000
Assessed Improvement Value$347,998
Assessment Year2025

About this property

Set beneath mature trees in a well-established Kerrville neighborhood, this spacious 3-bedroom, 2-bath home offers 2,115+/- square feet of comfortable living space with a layout designed for both everyday living and entertaining. A welcoming tiled foyer with a decorative glass front door and chandelier opens into the main living area, creating an inviting first impression with a clear view toward the home's stone fireplace. The living room is anchored by a floor-to-ceiling stone fireplace and features hardwood flooring, a vaulted ceiling, and an exposed wood beam. The adjoining kitchen and dining areas keep the main gathering spaces connected, with the kitchen offering abundant cabinetry and counter space, stainless steel appliances, a breakfast bar with pendant lighting, and tile flooring. A wall of windows along the dining area brings in natural light while overlooking the backyard. The generously sized primary bedroom includes an ensuite bath with dual vanities and a tiled walk-in shower with a built-in bench and shelving. Two additional bedrooms provide flexibility for family, guests, or a home office, while a separate bonus room adds even more usable space for a second living area, hobby room, playroom, or workspace. Outside, the 0.28+/- acre property offers a spacious privacy-fenced backyard framed by mature trees and established greenery. An open lawn provides plenty of usable outdoor space, while a patio, garden structure with greenhouse potential, and separate storage shed add versatility for gardening, hobbies, storage, or simply enjoying the shaded backyard setting. Conveniently located approximately three minutes from Tally Elementary and about five minutes from Walmart, shopping, dining, and other everyday necessities, this home combines the space and character of an established property with easy access to Kerrville amenities.

Investor Tools

$22,510Estimated Mortgage Balance
$459,490Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,892 /month
Positive
Cash Flow Estimate:
$964 /month

Interested in this property?

Justin Cop

Fredericksburg Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$501/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,602
$395,756
2025
$60,000
$347,998
$407,998
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,602
$395,756

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Stand Alone First / Home Equity First Lien
$30,000
No
First
Mar 4, 2015
Mar 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$22,510
$459,490
95%
5%
$180/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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415 Meadow Ridge Dr | Property Details | No Agent List