506 Junction Hwy N, Kerrville, TX 78028 – Commercial Improved Land

CommercialYear Built 1998Total Assessed Value $916,892County Kerr

Property Details

The Commercial property 506 Junction Hwy N, Kerrville, TX 78028 is located in Kerr County. The specific property type is Commercial Improved Land. The total assessed value of this property is $916,892.

The gross building area is 5,448 square feet and the land area is 23,122 square feet for this Commercial Improved Land built in 1998.

Legal description: Westland Blk 25 Lot 6, 7 Pt, 8, 9 Pt, 10 Pt

$916,892

Market Value

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Occupancy

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Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area5,448

Land Size23,122

Land Value$175,493

Improved Value$741,399

Total Assessed Value$916,892

Year Built1998

County NameKerr

Account Number40618

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Type ConstructionOther

Sales History

3/1/2018

Arms-length$2,000,000

Buyer

Texpress Car Bath 2 Inc

Seller

506 Junction Highway Llc

Book Number

2018.1285

Recording Date

3/1/2018

Transaction Details

Texpress Car Bath 2 Inc acquired the property from 506 Junction Highway Llc through a Arms-length transaction on 3/1/2018 for $2,000,000.

12/13/2011

Arms-lengthNot Disclosed

Buyer

506 Junction Hwyllc

Seller

Grc Executive Llc

Book Number

11-007623

Recording Date

12/13/2011

Transaction Details

506 Junction Hwyllc acquired the property from Grc Executive Llc through a Arms-length transaction on 12/13/2011 for .

Property constructed in 1998

YSale Price (USD) byXSales Year

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Mortgage History

5/3/2021

Arms length residential transactions purchase or resales$1,400,000

Borrower

Texpress Car Bath 2 Inc

Lender

Bancorpsouth Bank

Book Number

2021.3799

Recording Date

5/3/2021

Transaction Details

Texpress Car Bath 2 Inc borrowed the property from Bancorpsouth Bank through a Arms length residential transactions purchase or resales transaction on 5/3/2021 for $1,400,000.

3/1/2018

Helocs both purchase money and non purchase money helocs$1,600,000

Borrower

Texpress Car Bath 2 Inc

Lender

506 Junction Highway Llc

Book Number

18-001286

Recording Date

3/1/2018

Transaction Details

Texpress Car Bath 2 Inc borrowed the property from 506 Junction Highway Llc through a Helocs both purchase money and non purchase money helocs transaction on 3/1/2018 for $1,600,000.

Property constructed in 1998

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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	$175,493	$741,399	$916,892	$916,892	Texpress Car Bath 2 ...	3700 Rufe Snow Dr, N...	Westland Blk 25 Lot ...	COMM	S6840	23,122	5,448
2024	$175,493	$634,472	$809,965	$809,965	Texpress Car Bath 2 ...	3700 Rufe Snow Dr, N...	Westland Blk 25 Lot ...	Comm	S6840	23,122	6,473
2023	$175,493	$634,472	$809,965	$809,965	Texpress Car Bath 2 ...	3700 Rufe Snow Dr, N...	Westland Blk 25 Lot ...	COMM	S6840	23,122	6,473
2022	$175,519	$562,602	$738,121	$738,121	Texpress Car Bath 2 ...	3700 Rufe Snow Dr, N...	Westland Blk 25 Lot ...	COMM	S6840	23,122	6,173
2021	$175,519	$397,800	$573,319	$573,319	Texpress Car Bath 2 ...	3700 Rufe Snow Dr, N...	Westland Blk 25 Lot ...	COMM	S6840	23,122	6,173
2020	$175,519	$397,800	$573,319	$573,319	Texpress Car Bath 2 ...	3700 Rufe Snow Dr, N...	Westland Blk 25 Lot ...	COMM	S6840	23,122	6,173
2019	$159,563	$330,435	$489,998	$489,998	Texpress Car Bath 2 ...	221 Bedford Road, Be...	Westland Blk 25 Lot ...	S6840	S6840	23,122	6,173
2018	$145,688	$289,766	$435,454	$435,454	Texpress Car Bath 2 ...	221 Bedford Road, Be...	WESTLAND BLK 25 LOT ...	S6840	S6840	23,122	6,173
2017	$145,688	$289,766	$435,454	$435,454	506 Junction Highway...	Po Box 1845, Colleyv...	WESTLAND BLK 25 LOT ...	S6840	S6840	23,122	5,148
2016	$145,688	$289,766	$435,454	$435,454	506 Junction Highway...	Po Box 1845, Colleyv...	Westland Blk 25 Lot ...	S6840	S6840	23,122	5,148

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Rent & Occupancy

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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 ↕
—	506 Junction Hwy N, Kerrville, TX 78028	—	-	23,122	1998	5,448	$ 916,892	$ 175,493	-
Txn Bank Na	527 S Us Hwy 83, Leakey, TX 78873	08/21/2025	$ 620,200	131,333	0	16,209	$ 1,337,603	$ 346,681	Hart Concan Llc
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
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
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
Rocket Mortgage Llc	3630 Reeh Rd, Fredericksburg, TX 78624	02/21/2025	$ 405,000	21,780	2021	1,200	$ 270,920	$ 12,990
Texas Partners Bank	330 Junction Hwy, Kerrville, TX 78028	02/04/2025	$ 188,111	9,210	0	9,210	$ 58,972	$ 30,393
Rocket Mortgage Llc	500 Florence Street N, Kerrville, TX 78028	12/06/2024	$ 187,500	0	0	1,330	$ 285,238	$ 70,400

Mean$ 1,271,636

Median$ 189,365.5

Loan Amount Range$ 75,000 - $ 24,532,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
506 JUNCTION HWY, KERRVILLE, TX 78028-5065	EXPRESS WASH AMERICA	8308905490	CAR WASHING & POLISHING

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License Details

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