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$177,124

NAL Estimated Property Value

615 Schreiner St, Kerrville, TX, 78028

$230,261 ARVInfo
Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths6,367 Sq Ft
price_per_sqft$361.24 / sqft
Year BuiltBuilt in 1915

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size7,492 sqft

Building Information

Year Built1994

Land Information

APN45647
Lot Number1-B
SubdivisionBrown
Land UseCommercial
Legal DescriptionBROWN BLK 3 LOT 1-B REPLAT ACRES .172
Census Tract960500
Assessed Land Value$41,206
Assessed Improvement Value$135,918
Assessment Year2025

About this property

Welcome to Depot Square. Sale is for real estate only. Comprised of three respectfully restored historic buildings in the heart of downtown Kerrville ~ The Train Depot building (c: 1915), The Beitel Lumberyard building (c: 1889) & The Dietert Mercantile building (c: 1884). Located on a prime 1.21 acre lot, at the corner of Schreiner & Clay Streets, this is one of the most unique & thriving commercial developments around. Boasting fantastic outdoor spaces, including deep covered porches, large inviting patios, mature shade trees & landscaping, and ample off-street parking. Currently a multi-purpose hub, it features well established & popular long-term tenants in place integrating dining, shopping, lodging & a salon into one vibrant community space locals and visitors alike enjoy. Located in the downtown Arts & Cultural District, zoning allows for multiple uses, along with the potential for expansion. The addition of another building could increase lease income & improve ROI. This is an incredible opportunity to invest in a remarkable one-of-a-kind, turn-key property celebrating the past, present & future. For the right buyer, owner financing may be available.

Investor Tools

Property Icon
$177,124
Estimated Property Value
$0Estimated Mortgage Balance
$177,124Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$230,261
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,800 /month
Positive
Cash Flow Estimate:
$4,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$220/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,752
$177,124
2025
$41,206
$135,918
$177,124
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,752
$177,124

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$177,124
100%
0%
$0/mo

City: Kerrville