Last 24 Hours
$275,000
106 E Hayes Street, Savoy, TX, 75479
On Market
Just Added
Commercial
— Beds
— Bath
1,763 Sq Ft
Business
Built in 1900Highlights
Interior
Bedrooms —
Bathrooms —FlooringConcrete
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
Welcome to your next opportunity in Savoy, TX. 106 E Hayes offers a restaurant investment in the heart of Savoy, a town yearning for a new spot to frequent. The building has been recently updated with new HVAC, electrical and commercial kitchen equipment, allowing for a smooth transition into your new business. Schedule your showing today. Seller is offering seller financing as well. Contact Broker for more details.
Investor Tools
$305,113Estimated Mortgage Balance
$160,530Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month
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ContactFinancing 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
$305,113
N/A
0%
190%
$1,901/mo
12.4%