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Kerrville 78028
604 Shady Dr E
$277,000
● House - Off Market

604 Shady Dr E

Kerrville, TX 78028
bedrooms
3 Beds
bathrooms
1 Bath
square feet
980 Ft²
$1,643
Est. Monthly

About This Property

One block from the Guadalupe River! Updated and super charming! This home is currently an income producing, short-term rental but would also make a fabulous primary or vacation home! Centrally located in the heart of Kerrville. Walking distance to downtown, Guadalupe River, the Kerrville River Trail, restaurants and shops! This well-appointed, fully furnished home has been recently renovated. Turn-key, bright and charming! Don't miss this rare opportunity!
Unit Size
980 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$280
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (LERA #1730948)

Price History

Date / Event Date Event Price
Aug 26, 2024 Sold
Premium
Sold
Nov 1, 2023 Listed by eXp Realty $274,000
Listed by eXp Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 308
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,908
  • Lot Size Frontage Feet: 0
  • Total Building Area: 980
  • Gross Building Area: 1,300
  • Building Area: 980
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 980
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRVIEW
  • Land Acres: 0000000135
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: FAIRVIEW BLK 2 LOT 11 PT

Neighborhood

  • School District Name: Kerrville Independent School District
  • School Tax School District: UGR WHU
  • Census Tract: 960404

Zoning

  • Zoning: R1

Geography

  • Account Number: 3900-0020-011000
  • Parcel: 45567
  • Block: 2
  • Lot: 11
  • Municipality: KERRVILLE
  • Latitude: 30.052
  • Longitude: -99.1545

    Address

  • Full Address: 604 Shady Dr E
  • Address - House Number: 604
  • Street Segment Direction: E
  • Address - Street Name: Shady
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Kerrville
  • Carrier Code: C016
  • 4-Digit Zip Code: 5125
  • Zip Code: 78028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $356,311
  • Initial Tax Delinquent Year: 2017
  • Tax Rate Code Area: CKV GKR RL

    Appraisal Valuation

  • Standard Deviation: 0.1899
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 278,971
  • High Value: 331,960
  • Low Value: 225,983

    Market Valuation

  • Market Total Value: $191,776
  • Market Land Value: $22,080
  • Market Improvement Value: $169,696

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $191,776
  • Assessed Land Value: $22,080
  • Assessed Improvements Value: $169,696

    Sales

  • Current Sale Contract Date: Jun 25, 2021
  • Current Sale Recording Date: Jun 30, 2021
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21-005790
  • Previous Sale Recording Date: Apr 27, 2021
  • Previous Sale Contract Date: Apr 08, 2021
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Kerrville

Stats & Trends

Median Asking:

$347,000

Sale Price/ft²

$205

Below Asking

0.03%

Average Days on Market

70

Average Home Size

1925 ft²

Average Home Age

33.1 years

Currently For Sale

99 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 515 Roy St, TX, 78028

$796 /mo

  • 1 Bed
  • 1 Bath
515 Roy St, TX, 78028 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Somer Tinsley, eXp Realty
Last Updated: 6 months ago
Data Source: LERA, MLS# 1730948
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 604 Shady Drive built and last sold?
The property at 604 Shady Drive was built in 1988 and last sold on Jun 25, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 604 Shady Drive is $273,731.
What are some comparable homes to 604 Shady Drive?
There are currently no comparable homes to 604 Shady Drive.
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