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$475,000

103 E Fm 2449, Ponder, TX, 76259

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,700 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1984

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringOther

Exterior

Lot Size23,479 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR45894
Lot Number1
SubdivisionO T Ponder
Land UseResidential
Legal DescriptionO T PONDER BLK 23 LOT 1(W41' OF S161.67'),2(E92.7' OF S177.6')
Census Tract020310
Assessed Land Value$70,279
Assessed Improvement Value$125,721
Assessment Year2025

About this property

HIGHLY VISIBLE COMMERCIAL RETAIL SITE! This property is located on FM 156, FM 2449 and Bailey Street with great visibility and shares the quaint feel of Old Town Ponder. This opportunity is rare and can be developed into the ultimate venue and retail sites (gas station, carwash, restaurant). All utilities are on property and can be extended for further Devlopment. This property has passive income currently from home rental and the other building is zoned commercial and can be made ready for a restaurant site. The house is currently leased and commercial kitchen is unoccupied. Contact the Town of Ponder for uses.

Investor Tools

Property Icon
$475,000
Estimated Property Value
$100,800Estimated Mortgage Balance
$475,000Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$546/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,180
$196,000
2025
$70,279
$125,721
$196,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,180
$196,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Indymac Bank Fsb
Unknown
$100,800
No
First
N/A
Jul 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$475,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
N/A
+$2,090/mo
5.3%

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: Ponder

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103 E Fm 2449 | Property Details | No Agent List