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$160,530

106 E Hayes St, Savoy, TX, 75479

$179,703 ARVInfo
Off MarketInfo
CommercialInfo
Baths1,762 Sq Ft
Mixed UseMixed Use
price_per_sqft$28.38 / sqft
Year BuiltBuilt in 1900

Highlights

Interior

AppliancesElectric Water Heater
FlooringCeramic Tile, Concrete

Exterior

Lot Size1,873 sqft

Land Information

APN85369
Land UseCommercial
Legal DescriptionA1149 J WEEKS, BLOCK 390, TRACT PT 29,30,31, ACRES .043
Census Tract950300
Assessed Land Value$7,150
Assessed Improvement Value$153,380
Assessment Year2025

About this property

OWN A PIECE OF HISTORIC DOWNTOWN SAVOY. Can be purchased separately or together with 108 E Hayes! Can be turned into whatever your heart desires! Property is being sold as is by the Savoy Economic Development Corporation. BEING SOLD AS IS!

Investor Tools

Property Icon
$160,530
Estimated Property Value
$317,000Estimated Mortgage Balance
$0Estimated Equity
-97% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$179,702
Rent-to-Value Ratio: 0.72%
Rent Estimate
$963 /month
Positive
Cash Flow Estimate:
$321 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$139/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$861
$160,530
2025
$7,150
$153,380
$160,530
No

Tax History

Year
Tax Paid
Assessed Value
2024
$861
$160,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ameristate Bank
Building Or Construction Loan
$317,000
No
First
May 23, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$305,608
N/A
0%
190%
$1,901/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: Savoy

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106 E Hayes St | Property Details | No Agent List