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$550,000

1008 Milam St, Columbus, TX, 78934

On MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths3,186 Sq Ft
Multi FamilyMulti Family
price_per_sqft$172.63 / sqft
Year BuiltBuilt in 1900

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesOven, Microwave, Dishwasher
FlooringCarpet, Concrete, Laminate

Building Information

Year Built1900

Land Information

APN1062000900620
Land UseCommercial
Legal DescriptionBLK 9 LT PT 6 COLUMBUS & BLDG
Census Tract750400
Assessed Land Value$50,780
Assessed Improvement Value$249,250
Assessment Year2025

About this property

Located in the heart of Columbus, this unique mixed-use building offers an exceptional opportunity to own an entire downtown property. Featuring approximately 3186 total sq ft, the building is perfect for investors, business owners, or those seeking a live/work lifestyle. The 2nd floor residence offers +/-1593 sq ft with 2 beds and 1 bath. Accessed by its own entrance, the residence is filled with historic charm, highlighted by tall ceilings, spacious rooms & an open, airy feel. The 1st floor commercial space encompasses +/-1593 sq ft & enjoys excellent visibility with good pedestrian traffic. The flexible floor plan can accommodate a variety of retail, office, or service-based businesses, providing endless possibilities for an owner-occupant or tenant. Whether you're looking to invest, operate your business downstairs while living upstairs, or lease one or both spaces for income potential, this historic downtown property offers versatility, character & an unbeatable location.

Investor Tools

$0Estimated Mortgage Balance
$300,030Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

Interested in this property?

Darrell Pfeffer

1851 Properties, Inc

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$345/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,636
$300,030
2025
$50,780
$249,250
$300,030
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,636
$300,030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$300,030
100%
0%
$0/mo

City: Columbus

1008 Milam St | Property Details | No Agent List