330 Junction Hwy, Kerrville, TX 78028 – Commercial Improved Land

CommercialYear Built N/ATotal Assessed Value $58,972County Kerr

Property Details

The Commercial property 330 Junction Hwy, Kerrville, TX 78028 is located in Kerr County. The specific property type is Commercial Improved Land. The total assessed value of this property is $58,972.

The gross building area is 9,210 square feet and the land area is 9,210 square feet for this Commercial Improved Land built in N/A.

Legal description: Community Savings Center Blk 1 Lot 1

$58,972

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 Area9,210

Land Size9,210

Land Value$30,393

Improved Value$28,579

Total Assessed Value$58,972

Year BuiltN/A

County NameKerr

Account Number25336

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Sales History

10/12/2018

Arms-length$818,100

Buyer

Kropp Michael

Seller

Kropp Joyce

Book Number

18-006615

Recording Date

10/12/2018

Transaction Details

Kropp Michael acquired the property from Kropp Joyce through a Arms-length transaction on 10/12/2018 for $818,100.

4/29/2013

Arms-length$1,400,000

Buyer

Kropp Mike G

Seller

Whelan Properties Ltd

Book Number

13-003088

Recording Date

4/29/2013

Transaction Details

Kropp Mike G acquired the property from Whelan Properties Ltd through a Arms-length transaction on 4/29/2013 for $1,400,000.

Property constructed in 0

YSale Price (USD) byXSales Year

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Mortgage History

2/4/2025

Arms length residential transactions purchase or resales$188,111

Borrower

Kropp Michael G

Lender

Texas Partners Bank

Book Number

2025.1136

Recording Date

2/4/2025

Transaction Details

Kropp Michael G borrowed the property from Texas Partners Bank through a Arms length residential transactions purchase or resales transaction on 2/4/2025 for $188,111.

10/12/2018

Non arms length transactions with valid title company name no accomodations$654,500

Borrower

Kropp Michael

Lender

Texas Hill Country Bank

Book Number

18-006671

Recording Date

10/12/2018

Transaction Details

Kropp Michael borrowed the property from Texas Hill Country Bank through a Non arms length transactions with valid title company name no accomodations transaction on 10/12/2018 for $654,500.

7/25/2018

Arms length residential transactions purchase or resales$150,000

Borrower

Kropp Michael

Lender

Comerica Bank Na

Book Number

2018.5019

Recording Date

7/25/2018

Transaction Details

Kropp Michael borrowed the property from Comerica Bank Na through a Arms length residential transactions purchase or resales transaction on 7/25/2018 for $150,000.

11/3/2017

Reo and trustee deeds$500,000

Borrower

Kroop Michael

Lender

Comerica Bank Na

Book Number

17-008422

Recording Date

11/3/2017

Transaction Details

Kroop Michael borrowed the property from Comerica Bank Na through a Reo and trustee deeds transaction on 11/3/2017 for $500,000.

4/29/2013

New construction residential transactions$1,120,000

Borrower

Kropp Mike G

Lender

Whelan Properties Ltd

Book Number

13-003089

Recording Date

4/29/2013

Transaction Details

Kropp Mike G borrowed the property from Whelan Properties Ltd through a New construction residential transactions transaction on 4/29/2013 for $1,120,000.

9/8/2008

Helocs both purchase money and non purchase money helocs$765,000

Borrower

Kropp Michael G

Lender

Guadalupe National Bank

Book Number

2008.7060

Recording Date

9/8/2008

Transaction Details

Kropp Michael G borrowed the property from Guadalupe National Bank through a Helocs both purchase money and non purchase money helocs transaction on 9/8/2008 for $765,000.

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	$30,393	$28,579	$58,972	$58,972	Kropp, Mike	330 Junction Hwy, Ke...	Community Savings Ce...	COMM	S3550	9,210	9,210
2024	$30,393	$25,799	$56,192	$56,192	Kropp, Mike	330 Junction Hwy, Ke...	Community Savings Ce...	Comm	S3550	9,209	9,210
2023	$30,393	$25,799	$56,192	$56,192	Kropp, Mike	330 Junction Hwy, Ke...	Community Savings Ce...	COMM	S3550	9,209	9,210
2022	$30,393	$19,451	$49,844	$49,844	Kropp, Mike	330 Junction Hwy, Ke...	Community Savings Ce...	COMM	S3550	9,209	-
2021	$30,393	$7,599	$37,992	$37,992	Kropp, Mike	330 Junction Hwy, Ke...	Community Savings Ce...	COMM	S3550	9,209	-
2020	$30,393	$7,599	$37,992	$37,992	Kropp, Mike	330 Junction Hwy, Ke...	Community Savings Ce...	COMM	S3550	9,209	-
2019	$27,630	$6,908	$34,538	$34,538	Kropp, Mike	330 Junction Hwy, Ke...	Community Savings Ce...	S3550	S3550	9,209	-
2018	$27,630	$6,908	$34,538	$34,538	Kropp, Michael	108 Deerwood Dr, Ker...	COMMUNITY SAVINGS CE...	S3550	S3550	9,209	-
2017	$27,630	$6,908	$34,538	$34,538	Kropp, Michael G & J...	108 Deerwood Dr, Ker...	COMMUNITY SAVINGS CE...	S3550	S3550	9,209	-
2016	$27,630	$6,908	$34,538	$34,538	Kropp, Michael G & J...	108 Deerwood Dr, Ker...	Community Savings Ce...	S3550	S3550	9,209	-

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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 ↕
—	330 Junction Hwy, Kerrville, TX 78028	—	-	9,210	N/A	9,210	$ 58,972	$ 30,393	-
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
Texas Partners Bank	330 Junction Hwy, Kerrville, TX 78028	02/04/2025	$ 188,111	9,210	0	9,210	$ 58,972	$ 30,393

Mean$ 1,310,626

Median$ 189,365.5

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 ↕
330 JUNCTION HWY # A, KERRVILLE, TX 78028-4248	MIKE KROPP INSURANCE	8308961551	MONEY ORDER SERVICE
330 JUNCTION HWY, KERRVILLE, TX 78028-4248	KROPP, MIKE AGT	8308961551	INSURANCE
330 JUNCTION HWY # A, KERRVILLE, TX 78028-4248	MIKE KROPP INSURANCE	8308961551	FINANCIAL ADVISORY SERVICES

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License Details

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