For single-point-of-view, yes. Otherwise, if you can take images from multiple viewpoints, there are a bunch of solutions for pure photogrammetry, eg. Pix4d, Ph

For single-point-of-view, yes. Otherwise, if you can take images from multiple viewpoints, there are a bunch of solutions for pure photogrammetry, eg. Pix4d, Photoscan, Capturing Reality. Theoretically, there is enough data in the images to build photorealistic models. Algorithmically, we aren't quite there yet.