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$450,000

1004 College Ave, Levelland, TX, 79336

On MarketInfo
CommercialInfo
Beds5 Beds
Baths5 Bath
Baths3,782 Sq Ft
Mixed UseMixed Use
price_per_sqft$118.98 / sqft
Year BuiltBuilt in 1964

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5

Exterior

Lot Size15,072 sqft

Land Information

APN9645
Lot Number5
Land UseResidential
Legal DescriptionSOUTHSIDE (LEV), BLOCK 165, LOT 5
Census Tract950500
Assessed Land Value$10,350
Assessed Improvement Value$261,470
Assessment Year2025

About this property

Commercial property in the heart of Levelland! Located on the main street with lots of traffic.

Investor Tools

$174,247Estimated Mortgage Balance
$359,753Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,204 /month
Positive
Cash Flow Estimate:
$1,068 /month

Interested in this property?

Haylee Potter

Red Dirt Realty & Land

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$650/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,125
$271,820
2025
$10,350
$261,470
$271,820
No

Tax History

Year
Tax Paid
Assessed Value
2022
$5,125
$271,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Va
$199,000
Yes
First
Jan 13, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,247
$359,753
67%
33%
$1,194/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Levelland

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1004 College Ave | Property Details | No Agent List