615 Elm Pass Ii Rd E, Kerrville, TX 78010 – Commercial Improved Land

CommercialYear Built N/ATotal Assessed Value $254,672County Kerr

Property Details

The Commercial property 615 Elm Pass Ii Rd E, Kerrville, TX 78010 is located in Kerr County. The specific property type is Commercial Improved Land. The total assessed value of this property is $254,672.

The gross building area is 984 square feet and the land area is 331,492 square feet for this Commercial Improved Land built in N/A.

Legal description: Elm Pass 2 Lot 93 Acres 7.61

$254,672

Market Value

N/A

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area984

Land Size331,492

Land Value$177,484

Improved Value$77,188

Total Assessed Value$254,672

Year BuiltN/A

County NameKerr

Account Number26395

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Bathrooms1

Exterior WallsSiding alum or vinyl

Sales History

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Mortgage History

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2025	$177,484	$77,188	$254,672	$254,672	Airey, Richard M Jr ...	61535 S Hwy 97 Ste 5...	Elm Pass 2 Lot 93 Ac...	S3840	S3842	331,492	984
2024	$177,484	$70,216	$247,700	$247,700	Airey, Richard M Jr ...	61535 S Hwy 97 Ste 5...	Elm Pass 2 Lot 93 Ac...	S3840	S3842	331,492	984
2023	$177,484	$70,216	$247,700	$247,700	Airey, Richard M Jr ...	61535 S Hwy 97 Ste 5...	Elm Pass 2 Lot 93 Ac...	S3840	S3842	331,492	984
2022	$177,484	$61,123	$238,607	$238,607	Airey, Richard M Jr ...	61535 S Hwy 97 Ste 5...	Elm Pass 2 Lot 93 Ac...	S3840	S3842	331,492	984
2021	$91,803	$53,218	$145,021	$145,021	Airey, Richard M Jr ...	61535 S Hwy 97 Ste 5...	Elm Pass 2 Lot 93 Ac...	S3840	S3842	331,492	984
2020	$91,803	$58,136	$149,939	$149,939	Airey, Richard M Jr ...	61535 S Hwy 97 Ste 5...	Elm Pass 2 Lot 93 Ac...	S3840	S3842	331,492	984
2019	$115,033	$48,528	$163,561	$163,561	Airey, Richard M Jr	61535 S Hwy 97 Ste 5...	Elm Pass 2 Lot 93 Ac...	S3840	S3842	331,492	984
2018	$49,137	$48,528	$97,665	$97,665	Airey, Richard M Jr	61535 S Hwy 97 Ste 5...	ELM PASS 2 LOT 93 AC...	S3840	S3842	331,492	984
2017	$49,137	$48,528	$97,665	$97,665	Airey, Richard M Jr	61535 S Hwy 97 Ste 5...	ELM PASS 2 LOT 93 AC...	S3840	S3842	331,492	984
2016	$49,137	$46,683	$95,820	$95,820	Airey, Richard M Jr ...	8106 Doe Meadow, Aus...	Elm Pass 2 Lot 93 Ac...	S3840	S3842	331,492	984

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Comparables

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	615 Elm Pass Ii Rd E, Kerrville, TX 78010	—	-	331,492	N/A	984	$ 254,672	$ 177,484	-
Bank Of America Na	985 Highway 41 Nw, Mountain Home, TX 78058	08/14/2025	$ 24,532,000	1,127,681	0	804	$ 48,271	$ 76,838	Mountain Home Ranch Llc
Texas Partners Bank	803 Buck Creek, Bandera, TX 78003	07/21/2025	$ 400,000	123,972	2014	11,640	$ 1,819,350	$ 364,480	Bandera County Committee On Ag
Rocket Mortgage Llc	121 Whitewing Drive, Kerrville, TX 78028	07/03/2025	$ 156,000	0	1987	1,434	$ 131,406	$ 11,000
Comerica Bank	122 Oak Ridge Dr, Center Point, TX 78010	06/16/2025	$ 190,620	22,651	1997	1,554	$ 127,294	$ 10,000
Guild Mortgage Company Llc	409 S Milam St, Fredericksburg, TX 78624	06/06/2025	$ 406,120	7,501	1940	896	$ 225,830	$ 97,950
Texas Heritage Bank	17 Old San Antonio Rd, Boerne, TX 78006	05/14/2025	$ 197,911	252,212	2009	27,937	$ 3,746,940	$ 732,210	Rainbow Senior Center Foundati
Security State Bank & Trust	107 Middle Road S, Kerrville, TX 78028	05/02/2025	$ 98,478	307,969	1984	1,368	$ 157,812	$ 80,659
Bank & Trust Ssb	Easy Street, Kerrville, TX 78028	03/26/2025	$ 200,000	56,628	2000	216	$ 78,157	$ 36,377	Red Corn Llc
Texas Partners Bank	330 Junction Hwy, Kerrville, TX 78028	02/04/2025	$ 188,111	9,210	0	9,210	$ 58,972	$ 30,393
Castroville State Bank	2261 Hwy 90 W, Castroville, TX 78009	01/30/2025	$ 295,000	182,952	1989	1,272	$ 386,160	$ 193,830	Big Oak R V Park Llc

Mean$ 1,236,971

Median$ 176,505.5

Loan Amount Range$ 26,000 - $ 24,532,000

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License Details

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