ActiveResidential · sale

415 Meadow Ridge

Kerrville, TX 78028

$448,000

  • 3 beds
  • 2 baths
  • 2,115 sq ft
  • 0.28 acres
  • Built 1982

Listed by Fredericksburg Realty · MLS #ACT8119031

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The living room is anchored by a floor-to-ceiling stone fireplace and features hardwood flooring, a vaulted ceiling, and an exposed wood beam.

Year built

Built in 1982.

Garage parking

2 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Set beneath mature trees in a well-established Kerrville neighborhood, this spacious 3-bedroom, 2-bath home offers 2,115+/- square feet of comfortable living space with a layout designed for both everyday living and entertaining. A welcoming tiled foyer with a decorative glass front door and chandelier opens into the main living area, creating an inviting first impression with a clear view toward the home's stone fireplace. The living room is anchored by a floor-to-ceiling stone fireplace and features hardwood flooring, a vaulted ceiling, and an exposed wood beam. The adjoining kitchen and dining areas keep the main gathering spaces connected, with the kitchen offering abundant cabinetry and counter space, stainless steel appliances, a breakfast bar with pendant lighting, and tile flooring. A wall of windows along the dining area brings in natural light while overlooking the backyard. The generously sized primary bedroom includes an ensuite bath with dual vanities and a tiled walk-in shower with a built-in bench and shelving. Two additional bedrooms provide flexibility for family, guests, or a home office, while a separate bonus room adds even more usable space for a second living area, hobby room, playroom, or workspace. Outside, the 0.28+/- acre property offers a spacious privacy-fenced backyard framed by mature trees and established greenery. An open lawn provides plenty of usable outdoor space, while a patio, garden structure with greenhouse potential, and separate storage shed add versatility for gardening, hobbies, storage, or simply enjoying the shaded backyard setting. Conveniently located approximately three minutes from Tally Elementary and about five minutes from Walmart, shopping, dining, and other everyday necessities, this home combines the space and character of an established property with easy access to Kerrville amenities.

THE NEIGHBORHOOD

Explore the location.

415 Meadow Ridge, Kerrville, TX 78028

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1982
Full baths
2
Half baths
0
Garage spaces
2
Cooling
Central Air
Heating
Central, Natural Gas
Appliances
Microwave, Range, Refrigerator
Flooring
Carpet, Tile, Wood
Fencing
Back Yard, Privacy
Accessibility
None
Pool features
None
Subdivision
Forest West 4
Parcel
26787
Elementary school
Outside School District
Middle school
Outside School District
High school
Outside School District
Annual property tax
$7,389.97

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$1,866.67
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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415 Meadow Ridge, Kerrville, TX 78028 · MLS #ACT8119031

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Listing information

MLS #ACT8119031 · Austin Board of Realtors

Listing brokerage: Fredericksburg Realty
Listing agent: Justin Cop

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.