720 Water Street

This commercial building was a 1948 addition to the Schreiner store.  Erected by J. G. Rosson, the architect was Bartlett Cocke of San Antonio.
The report on this new project appeared in the February 19, 1948, Kerrville Mountain Sun.
"A Ladies Ready to Wear structure will be built on Water Street, adjoining the present store, completely filling the 47 foot space now used as a parking lot.  This building will be 100 feet deep, and will be of one story construction.  It will have the same type of architecture as the present building with cut stone top and a thoroughly modern front."

The aforementioned parking lot was laid on top of the old rails for the spur line that ran to the wool warehouse.  In April 1948, while it was under construction, the adjoining wool warehouse was destroyed by fire. The warehouse was rebuilt, but that must have added an interesting twist to the new construction.
At the same time this building was going up the grocery store on Earl Garrett was enlarged adding, according to the newspaper, "36 feet at the side, and made 20 feet longer." The total space for the expanded grocery was 8000 square feet.
Read about the Schreiner Cash and Carry Grocery here.  
On the day the expanded grocery opened in August 1948 there was a live radio broadcast from a Fredericksburg station as well as food giveaways.

I never had the opportunity to shop at Schreiner's, but I was told that this was always the Ladies' Ready to Wear department until the store closed a few years ago.