215 Junction Hwy S UnitS, Kerrville, TX 78028 – Commercial Improved Land

CommercialYear Built N/ATotal Assessed Value $318,000County Kerr

Property Details

The Commercial property 215 Junction Hwy S UnitS, Kerrville, TX 78028 is located in Kerr County. The specific property type is Commercial Improved Land. The total assessed value of this property is $318,000.

The gross building area is 32,432 square feet and the land area is 32,432 square feet for this Commercial Improved Land built in N/A.

Legal description: Lowry Blk 4 Lot 1, 2, 3 Pt

$318,000

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 Area32,432

Land Size32,432

Land Value$283,780

Improved Value$34,220

Total Assessed Value$318,000

Year BuiltN/A

County NameKerr

Account Number31487

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Sales History

9/1/2022

Arms-length$2,555,000

Buyer

New Casa Holdings Llc

Seller

Mamacitas

Book Number

7272

Recording Date

9/1/2022

Transaction Details

New Casa Holdings Llc acquired the property from Mamacitas through a Arms-length transaction on 9/1/2022 for $2,555,000.

Property constructed in 0

YSale Price (USD) byXSales Year

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Mortgage History

5/22/2006

Arms length residential transactions purchase or resales$112,499

Borrower

Myers Thomas M

Lender

Book Number

2006.5060

Recording Date

5/22/2006

Transaction Details

Myers Thomas M borrowed the property from through a Arms length residential transactions purchase or resales transaction on 5/22/2006 for $112,499.

Property constructed in 0

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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	$283,780	$34,220	$318,000	$318,000	Mamacitas Restaurant	New Casa Holdings Ll...	Lowry Blk 4 Lot 1, 2...	COMM	S5000	32,432	32,432
2024	$283,780	$34,151	$317,931	$317,931	New Casa Holdings Ll...	24007 Fog Canyon, Sa...	Lowry Blk 4 Lot 1, 2...	Comm	S5000	32,430	32,432
2023	$283,780	$36,220	$320,000	$320,000	New Casa Holdings Ll...	24007 Fog Canyon, Sa...	Lowry Blk 4 Lot 1, 2...	COMM	S5000	32,430	32,432
2022	$287,186	$32,814	$320,000	$320,000	Mamacita's	215 Junction Hwy, Ke...	Lowry Blk 4 Lot 1, 2...	COMM	S5000	32,430	-
2021	$287,186	$69,566	$356,752	$356,752	Mamacita's	215 Junction Hwy, Ke...	Lowry Blk 4 Lot 1, 2...	COMM	S5000	32,430	-
2020	$287,186	$69,566	$356,752	$356,752	Mamacita's	215 Junction Hwy, Ke...	Lowry Blk 4 Lot 1, 2...	COMM	S5000	32,430	-
2019	$261,078	$63,242	$324,320	$324,320	Mamacita's	215 Junction Hwy, Ke...	Lowry Blk 4 Lot 1, 2...	S6840	S5000	32,430	-
2018	$238,375	$55,459	$293,834	$293,834	Mamacita's	215 Junction Hwy, Ke...	LOWRY BLK 4 LOT 1, 2...	S6840	S5000	32,430	-
2017	$238,375	$55,459	$293,834	$293,834	Mamacita's	215 Junction Hwy, Ke...	LOWRY BLK 4 LOT 1, 2...	S6840	S5000	32,430	-
2016	$238,375	$55,459	$293,834	$293,834	Mamacita's	215 Junction Hwy, Ke...	Lowry Blk 4 Lot 1, 2...	S6840	S5000	32,430	-

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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 ↕
—	215 Junction Hwy S UnitS, Kerrville, TX 78028	—	-	32,432	N/A	32,432	$ 318,000	$ 283,780	-
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
Farm Credit Mid America Flca	1001 Sidney Baker N, Kerrville, TX 78028	12/05/2024	$ 164,900	4,552	0	-	$ 24,711	$ 15,932

Mean$ 1,309,232

Median$ 240,000.0

Loan Amount Range$ 98,478 - $ 24,532,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
215 JUNCTION HWY, KERRVILLE, TX 78028-4276	MAMACITAS RESTAURANT	8308952441	RESTAURANTS
215 JUNCTION HWY, KERRVILLE, TX 78028-4276	MAMACITA'S	8302572482	RESTAURANTS
215 JUNCTION HWY, KERRVILLE, TX 78028-4276	MAMACITA'S	8302572482	RESTAURANT MANAGEMENT
215 JUNCTION HWY, KERRVILLE, TX 78028-4276	MAMACITA'S	8302572482	FOODSCARRY OUT

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License Details

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