For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Kerr 78028
731 Honor
$95,000
● Land - Off Market

731 Honor

Kerrville, TX 78028
bedrooms
Studio
bathrooms
0 Bath
$157,652
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

One of the largest lots in The Horizon!!  Hill Country setting, yet so close to town! Gently sloping with several good building sites at the front half of the lot, with a nice drop off at the back of the lot to provide that Great Hill Country VIEW! Super N-S orientation with the back yard facing NE.  Ag-exempt, low taxes, and gated subdivision with exotic wildlife galore!!!  Reasonable building restrictions, 1900 sf minimum.  Many native trees, water and electric hookup at street. Priced to sell!!!!
Unit Size
-
Days on Market
-
Land Size
10.72 acres
Price per sqft
-
Property Type
Land
Property Taxes
$10
HOA Dues
$42
Year Built
2022

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 5 months ago (LERA #1255013)

Price History

Date / Event Date Event Price
Sep 7, 2017 Sold
Premium
Sold
Jul 10, 2017 Listed by Amanda P. Herring $99,000
Listed by Amanda P. Herring

Property Highlights

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 466,963
  • Lot Size Frontage Feet: 0
  • Total Building Area: 5,060
  • Gross Building Area: 5,060
  • Building Area: 5,060
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: THE HORIZON SEC ONE
  • Land Acres: 0000010720
  • Standard Land Use Code: 7001
  • County Land Use Code: E1
  • Legal Description 1: THE HORIZON SEC ONE LOT 97 ACRES 10.72

Neighborhood

  • School District Name: Kerrville Independent School District
  • School Tax School District: WHU
  • Census Tract: 960403

Geography

  • Account Number: 6475-0000-097000
  • Parcel: 63731
  • Lot: 97
  • Municipality: KERRVILLE
  • Latitude: 30.013
  • Longitude: -99.187

    Address

  • Full Address: 731 Honor Dr
  • Address - House Number: 731
  • Address - Street Name: Honor
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Kerrville
  • Carrier Code: R020
  • 4-Digit Zip Code: 7554
  • Zip Code: 78028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,860,893
  • Tax Rate Code Area: GKR RLT SK

    Market Valuation

  • Market Total Value: $1,564,900
  • Market Land Value: $143,903
  • Market Improvement Value: $1,420,997

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,433,157
  • Assessed Land Value: $12,160
  • Assessed Improvements Value: $1,420,997

    Sales

  • Current Sale Contract Date: Aug 16, 2007
  • Current Sale Recording Date: Nov 12, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 2009-07809
  • Previous Sale Recording Date: Jun 06, 2008
  • Previous Sale Contract Date: Jun 05, 2008
  • Previous Sale Document Type: 71
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 Kerr

Stats & Trends

Median Asking:

$395,000

Sale Price/ft²

$216

Below Asking

0.03%

Average Days on Market

78

Average Home Size

2382 ft²

Average Home Age

33.5 years

Currently For Sale

192 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

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Amanda Herring, Amanda P. Herring
Last Updated: 5 months ago
Data Source: LERA, MLS# 1255013
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 731 Honor Drive built and last sold?
The property at 731 Honor Drive was built in 2022 and last sold on Aug 16, 2007 for $105,935.
How much is this home worth?
The estimated value of the home located at 731 Honor Drive is $99,990.
What are some comparable homes to 731 Honor Drive?
There are currently no comparable homes to 731 Honor Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Kerrville Homes for Sale
Kerrville Houses for Sale
Kerrville Condos for Sale
Kerrville Townhouses for Sale
Kerrville Multifamily for Sale
Kerrville Land for Sale
Kerrville Commercial for Sale
Kerrville Homes with Basements
Nearby Cities
Fredericksburg Homes for Sale
Boerne Homes for Sale
Scenic Oaks Homes for Sale
Fair Oaks Ranch Homes for Sale
Harper Homes for Sale
Cross Mountain Homes for Sale
Lake Medina Shores Homes for Sale
Comfort Homes for Sale
Nearby Property Records
Kendall County, TX Property Records
Gillespie County, TX Property Records
Kerr County, TX Property Records
Bandera County, TX Property Records
Mason County, TX Property Records
Real County, TX Property Records
Blanco County, TX Property Records
Llano County, TX Property Records
Neighborhoods
Dominion Real Estate
Tapatio Springs Real Estate
Cielo Vista Real Estate
Falling Water Real Estate
River Mountain Ranch Real Estate
Friedrich Wilderness Real Estate
Alamo Springs Ranch Real Estate
Downtown Boerne Real Estate
Nearby Counties
Fredericksburg Homes for Sale
Boerne Homes for Sale
Bandera Homes for Sale
Ingram Homes for Sale
Harper Homes for Sale
Stonewall Homes for Sale
Comfort Homes for Sale
Center Point Homes for Sale
Top Real Estate Agents
Top Agents in Kerrville
Top Agents in 78028
Top Agents in 78624
Top Agents in 78006
Top Agents in Fredericksburg
Top Agents in Boerne
Top Agents in Bandera
Top Agents in Ingram