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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    300 Holdsworth Dr Kerrville, TX 78028

    • Commercial real estate
    • 7.96 lot acres
    For Sale
    View listing
    $796,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-2611219
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 300 Holdsworth Dr

    Lot size
    7.96 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 7.96-acre property in Kerrville, Texas, presents a unique development opportunity. Located at 300 Holdsworth Dr, 78028, within city limits, this L-shaped lot offers tremendous views, comparable in elevation to the Time Warner Tower. The property is situated adjacent to new homes under construction on Norfolk Drive and extends around a cul-de-sac, backing onto four homes on Victory Lane. A significant portion of the land, approximately 125 feet deep from the front, is zoned for commercial use, while the remaining area is zoned for residential development, providing flexibility for a mixed-use project. The asking price is $605,000, translating to $78,186 per acre. Access is convenient, with directions from I-10: head south on Hwy 16, turn right onto Holdsworth Dr. (just past the stadium); the property is adjacent to Norfolk Dr. This land is ready for immediate development, offering a compelling investment prospect in a desirable Kerr County location. The owner is selling directly.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kerrville
    County
    Kerr
    State
    Texas
    Longitude
    -99.1359458
    Latitude
    30.0586865

    Comparable in this City

    • $1,990,000
      25.43 Acres

      Kerrville Commercial Land Investment

      25 Acres, Prime Location, ETJ Zoning
      0 Holdsworth & Paschal Ave, Kerrville, TX 78028
      View Details
    • Contact for pricing
      4 SF

      Kerrville Land for Sale

      4-acre land available in Kerrville, Texas.
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    • $590,000

      Land For Sale

      Land available for purchase.
      12 Mystic Rdg, Kerrville, TX 78028
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    • $250,000

      Land For Sale

      Land available for purchase.
      2017 Balmoral Dr 0, Kerrville, TX 78028
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    • $1,625,000
      2.15 Acres

      Kerrville Commercial Land For Sale

      2.15 acre commercial lot with high visibility and accessibility.
      800 N Junction Hwy, Kerrville, TX 78028
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    • $359,000
      10.09 Acres

      Texas Hill Country Land

      10.09 acre lot in Kerrville, Texas, perfect for building.
      Mayers Rdg Dr, Kerrville, TX 78028
      View Details

    Similar Nearby for Sale

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      Kerrville Homesite with Hill Country Views

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      Kerrville Land with Creek Access

      5.02 acre lot in gated community near Turtle Creek.
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    • $169,000
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      Kerrville Land with Incredible Views

      Beautiful 3.58-acre lot in gated community with stunning views.
      216 Heights Trl, Kerrville, TX 78028
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    • $249,000
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      Kerrville Land with Hill Country Views

      4.47 acres of wooded land with hill country views.
      Loma Vis Rnch, Kerrville, TX 78028
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    • $796,000
      7.96 Acres

      Kerrville Land with Expansive Views

      Unique L-shaped lot in growing area with exceptional potential.
      300 Holdsworth Dr, Kerrville, TX 78028
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Commercial Pad Site Opportunity

      Pad site available in Kerrville's main commercial corridor.
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    • $14 SF/Yr
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      Kerrville Warehouse Space Available

      Modern Industrial Warehouses, North Kerrville
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    • $7,564 /Mo
      4,584 SF

      Kerrville Office Space For Lease

      Prime office space near medical center and hospital available for lease.
      707 Hill Country Dr, Kerrville, TX 78028
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    • $1,800 /Mo
      32,741 SF

      Renovated Retail Space in Kerrville

      Recently renovated 1,800 sqft retail space in a shopping center.
      723 Hill Country Dr, Kerrville, TX 78028
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    • $2,747 /Mo
      1,570 SF

      Retail Space in Office Max Plaza

      Retail space available in a high-traffic Kerrville shopping center.
      305-101 Sidney Baker St, Kerrville, TX 78028
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    • $14 SF/Yr
      27,200 SF

      Warehouse Space Available For Lease

      Warehouse space for lease starting at 3,000 square feet.
      606 Mull Rd, Kerrville, TX 78028
      View Details
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    300 Holdsworth Dr
    Kerrville, TX 78028
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    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
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