255 Elm Pass Ii Rd E, Center Point, TX 78028 – Commercial Improved Land

CommercialYear Built 2000Total Assessed Value $201,603County Kerr

Property Details

The Commercial property 255 Elm Pass Ii Rd E, Center Point, TX 78028 is located in Kerr County. The specific property type is Commercial Improved Land. The total assessed value of this property is $201,603.

The gross building area is 1,890 square feet and the land area is 365,468 square feet for this Commercial Improved Land built in 2000.

Legal description: Elm Pass 2 Lot 23 Acres 8.39

$318,737

Market Value

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Cap Rate

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NOI

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Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area1,890

Land Size365,468

Land Value$140,664

Improved Value$178,073

Total Assessed Value$201,603

Year Built2000

County NameKerr

Account Number60094

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space1

HeatingCentral

Type ConstructionOther

Garage TypeCarport 0

Bedrooms3

Bathrooms3

Exterior WallsSiding alum or vinyl

Sales History

11/19/2015

Arms-lengthNot Disclosed

Buyer

Rees Robetr

Seller

Green Euler Linda D

Book Number

2015.7636

Recording Date

11/19/2015

Transaction Details

Rees Robetr acquired the property from Green Euler Linda D through a Arms-length transaction on 11/19/2015 for .

Property constructed in 2000

YSale Price (USD) byXSales Year

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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	$140,664	$178,073	$201,603	$318,737	Rees, Robert & Diann...	2197 Arcadia Loop, K...	Elm Pass 2 Lot 23 Ac...	S3840	S3842	365,468	1,890
2024	$140,664	$162,409	$185,939	$303,073	Rees, Robert & Diann...	2197 Arcadia Loop, K...	Elm Pass 2 Lot 23 Ac...	S3840	S3842	365,468	1,890
2023	$140,664	$162,409	$303,073	$303,073	Rees, Robert & Diann...	2197 Arcadia Loop, K...	Elm Pass 2 Lot 23 Ac...	S3840	S3842	365,468	1,890
2022	$140,664	$134,095	$274,759	$274,759	Rees, Robert & Diann...	2197 Arcadia Loop, K...	Elm Pass 2 Lot 23 Ac...	S3840	S3842	365,468	1,890
2021	$81,216	$116,964	$198,180	$198,180	Rees, Robert & Diann...	2197 Arcadia Loop, K...	Elm Pass 2 Lot 23 Ac...	S3840	S3842	365,468	1,890
2020	$81,216	$114,210	$195,426	$195,426	Rees, Robert & Diann...	2197 Arcadia Loop, K...	Elm Pass 2 Lot 23 Ac...	S3840	S3842	365,468	1,890
2019	$74,084	$106,366	$169,365	$180,450	Rees, Robert & Diann...	2197 Arcadia Loop, K...	Elm Pass 2 Lot 23 Ac...	S3840	S3842	365,468	1,890
2018	$47,602	$106,366	$153,968	$153,968	Rees, Robert & Diann...	2197 Arcadia Loop, K...	ELM PASS 2 LOT 23 AC...	S3840	S3842	365,468	1,890
2017	$47,602	$106,366	$153,968	$153,968	Rees, Robert & Diann...	2197 Arcadia Loop, K...	ELM PASS 2 LOT 23 AC...	S3840	S3842	365,468	1,890
2016	$47,602	$102,282	$149,884	$149,884	Rees, Robert & Diann...	2197 Arcadia Loop, K...	Elm Pass 2 Lot 23 Ac...	S3840	S3842	365,468	1,890

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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 ↕
—	255 Elm Pass Ii Rd E, Center Point, TX 78028	—	-	365,468	2000	1,890	$ 201,603	$ 140,664	-
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
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
Security State Bank & Trust	1205 Elm Pass Rd, Center Point, TX 78010	01/03/2025	$ 200,000	409,464	1983	952	$ 7,842	$ 87,730
Mld Mortgage Inc	595 Pr 1513, Bandera, TX 78003	12/20/2024	$ 152,000	12,000	2018	1,224	$ 90,550	$ 36,000

Mean$ 1,239,678

Median$ 176,505.5

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

Showing 1 to 10 of 26 entries

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License Details

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