Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    1915 S Saddlewood Blvd Kerrville, TX 78028

    View on Map
    Claim this Listing
    New
    Pending
    $184,000

    LAND - Kerrville, TX

    Lot size:
    3.00 Acres
    Added:
    May 5, 2026
    Days on Market:
    1
    Last Refresh:
    May 5 at 10:06 pm

    Property Features for 1915 S Saddlewood Blvd

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Pending
    Lot size
    3.00 Acres

    Utilities

    Utilities
    Cable Available

    We can help!

    Listing Contact
    Arthur Mandry

    Listing agent Arthur Mandry License #0605889

    Listing office Keller Williams Realty - Kerrville 1112 Sidney Baker, San Antonio, TX

    Listing date May 5, 2026

    MLS# 118551 Listing URL

    Copyright © 2026 Kerrville Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kerrville Residential Land with Views

    This 3.0-acre residential tract is located in the Saddlewood Estates Subdivision. Situated along one of the higher elevations in the area, the site offers views of the surrounding countryside. A waiver has been granted for the setback requirement, allowing for new construction at 60 feet from the middle of the street. This adjustment takes advantage of the existing terrain and natural building site opportunities. Located outside of the city limits, the property is minutes from amenities, medical facilities, and shopping in downtown Kerrville. Residents can enjoy relaxed living in a country atmosphere. Property owners have access to a private HOA-maintained park with Guadalupe River access. Multiple building sites are available. A central water system is in place. A private licensed septic system is required. Electricity, cable TV, and private garbage service are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Bed & Breakfast Home Appliance Store Plumbing Service Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kerrville
    County
    Kerr
    State
    Texas
    Longitude
    -99.199157
    Latitude
    30.051475

    Nearby Similar for Sale

    • $725,000
      3,526 SF

      Riverfront Acreage with Commercial Potential

      Waterfront property with renovation potential for office or mixed-use.
      2211 Memorial Blvd, Kerrville, TX 78028
      View Details
    • $1,750,000
      12,804 SF

      Downtown Kerrville Commercial Buildings

      Two commercial buildings in downtown Kerrville with retail and warehouse.
      832, 838 Water St, Kerrville, TX 78028
      View Details
    • $395,000

      Kerrville Commercial Property For Sale

      Highly visible commercial property ideal for various business uses.
      2610 -- Memorial Blvd, Kerrville, TX 78028
      View Details
    • $399,000
      1,761 SF

      Kerrville Executive Office Suite

      Premier executive office suite with panoramic views in Kerrville.
      222 Sidney Baker, Kerrville, TX 78028
      View Details
    • $2,200,000
      7,192 SF

      Kerrville Retail and Warehouse Opportunity

      8.083 acre commercial property with retail, bar, and warehouse.
      1834 Junction Hwy, Kerrville, TX 78028
      View Details
    • $625,000
      864 SF

      Kerrville Commercial Property on Junction

      Versatile 864 SF commercial building on 0.23-acre lot.
      518 Junction Hwy, Kerrville, TX 78028
      View Details
    • $549,900

      Kerrville Commercial Building For Sale

      Versatile commercial building in central Kerrville, ideal for various uses.
      429 -- Earl Garrett, Kerrville, TX 78028
      View Details
    • $549,900
      1,920 SF

      Versatile Commercial Building, Kerrville

      Adaptable commercial property in central Kerrville location with endless potential.
      429 Earl Garrett, Kerrville, TX 78028
      View Details
    • $625,000

      Kerrville Commercial Property For Sale

      Versatile commercial building in a high-visibility location.
      518 N Junction Hwy, Kerrville, TX 78028
      View Details
    • $695,000
      3,913 SF

      Prime Kerrville Commercial Land

      1.08 acre commercial lot with highway frontage in Kerrville.
      1704 Broadway, Kerrville, TX 78028
      View Details
    • $1,199,000
      600 SF

      Riverfront Commercial Opportunity in Kerrville

      C-2 zoned property with river frontage and income potential.
      2523 Memorial Blvd, Kerrville, TX 78028
      View Details
    • $1,199,000
      600 SF

      Kerrville Commercial Property with Riverfront

      C-2 zoned commercial property with Guadalupe River frontage.
      2523 Memorial Blvd, Kerrville, TX 78028
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 3-acre homesite in Saddlewood Estates with Guadalupe River access.
    Where is this residential land & home lot located?
    The property is located at 1915 S Saddlewood Blvd Kerrville, TX.
    What is the asking price?
    The asking price for this property is $184,000.
    What are key features of this property?
    This property features: Expansive 3‑acre lot in Saddlewood Estates Subdivision with exceptional countryside views.; Waiver of the 125‑foot setback requirement, allowing construction closer to the street (60 feet) and maximizing building site opportunities.; Access to a private, HOA‑maintained park with Guadalupe River access.
    (830) 496-2298
    We can help!
    Listing Contact
    Arthur Mandry
    Real Estate License ID: 0605889
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1915 S Saddlewood Blvd, Kerrville, TX 78028
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!