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Days279Days on Market
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$619,620

512 Jefferson St, Kerrville, TX, 78028

On MarketInfo
CommercialInfo
Baths2,449 Sq Ft
BusinessBusiness
price_per_sqft$253.01 / sqft
Year BuiltBuilt in 1940

Exterior

Lot Size7,536 sqft

Building Information

Year Built1980

Land Information

APN542383
Lot Number380
SubdivisionSchreiner
Land UseCommercial Real Property
Legal DescriptionSCHREINER BLK 51 LOT 380 ACRES .173
Census Tract960500
Assessed Land Value$50,867
Assessed Improvement Value$105,182
Assessment Year2025

About this property

Prime Investment Opportunity in the Heart of Kerrville. Welcome to 512 Jefferson St., Kerrville, TX – a centrally located commercial property in the vibrant Arts and Cultural District, just one block from Main Street and the bustling State Highway 16 (Sidney Baker). Zoned Downtown Arts & Cultural (DAC), this versatile space offers excellent potential for retail, office, gallery, or personal use. Currently leased by two tenants generating steady rental income, this property is an attractive option for investors seeking immediate cash flow. Its strategic location—just steps from HEB and within walking distance to downtown amenities—makes it highly desirable for both customers and future tenants. The property shares an easement with the neighboring building at 516 Jefferson, offering flexible access and added functionality. Whether you're looking to expand your investment portfolio or secure a centrally located space for your own business, 512 Jefferson is a rare opportunity in a high-demand area of Kerrville. Owners are LREA.

Investor Tools

$142,726Estimated Mortgage Balance
$13,900Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,718 /month
Positive
Cash Flow Estimate:
$1,239 /month

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Anabel Medrano

Fore Premier Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$189/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,489
$156,049
2025
$50,867
$105,182
$156,049
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,489
$156,049

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bierschwale Credit & Lending Co
Purchase Money Mortgage
$160,000
No
First
Sep 24, 2020
Sep 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,726
$13,323
8%
91%
$960/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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512 Jefferson St | Property Details | No Agent List