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$495,000

101 N State Highway 359, Mathis, TX, 78368

On MarketInfo
Just AddedInfo
CommercialInfo
Baths0 Bath
Baths700 Sq Ft
IndustrialIndustrial
Year BuiltBuilt in 1900

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size24,437 sqft

Land Information

APN1299-0017-0001-003
Lot Number1-3
SubdivisionPark Addn
Land UseCommercial
Legal DescriptionPARK ADDN BLK 17 LOTS 1 THRU 3 (.561 AC)
Census Tract011300
Assessed Land Value$41,055
Assessed Improvement Value$100,994
Assessment Year2025

About this property

Prime commercial development opportunity in a highly visible Mathis location. This ±0.561-acre unimproved corner tract is strategically positioned at one of the community’s busiest intersections, offering excellent visibility, accessibility, and exposure. With limited commercial sites available in locations of this caliber, the property presents a unique opportunity for an investor, developer, or business owner seeking a prominent footprint in a growing market. City water is available. Existing ice machine does not convey. A rare opportunity to invest in a premier corner location with exceptional commercial potential! TXDOT traffic estimates show approximately 8000 vehicles per day along FM 359 and 4300 vehicles per day along intersecting roadway. Option to expand purchase to .80 acres if additional land is desired.

Investor Tools

$0Estimated Mortgage Balance
$142,049Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

Interested in this property?

Emma Hubbs

South Texas Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$214/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,857
$142,049
2025
$41,055
$100,994
$142,049
No

Tax History

Year
Tax Paid
Assessed Value
2023
$1,857
$142,049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$142,049
100%
0%
$0/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.

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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: Mathis

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