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$125,000

108 E Commerce Street, Mexia, TX, 76667

On MarketInfo
Just AddedInfo
CommercialInfo
Beds Beds
Baths Bath
Baths3,220 Sq Ft
OfficeOffice
Year BuiltBuilt in 1950

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringCarpet, Tile

Land Information

APNR18581
Lot Number11
Land UseCommercial
Legal DescriptionBLOCK 024 MEXIA, LOT 011
Census Tract970500
Assessed Land Value$4,310
Assessed Improvement Value$51,200
Assessment Year2024

About this property

PERFECT LOCATION FOR A MEXIA DOWNTOWN BUSINESS AND POSSIBLE RESIDENCE! This vacant Mexia Downtown freestanding building is perfect for a Business Owner who also needs an apartment living space. Lots of natural light floods in from the glass front door and display windows to the large Reception room. Next you will walk into an open room with 18 foot tall ceilings and divided office spaces. In the back of the building you will find a workroom; a vault; and a Breakroom with Kitchen, fireplace and full bath with Shower. The back half of the building could be used for Living Quarters or a Personal Studio. Beyond this you will find a Storage Room with concrete floors and a door with Alley access. This is the perfect storage location for a a business who has inventory or who needs a Workshop area. New metal roof on the main office square footage. Parking is on the street for customers. Building is surrounded by other Mexia Downtown buildings who have had renovations. Call for a Showing!

Investor Tools

$0Estimated Mortgage Balance
$55,510Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$750 /month
Positive
Cash Flow Estimate:
$250 /month

Interested in this property?

Lori Stephenson

Coldwell Banker Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$137/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,369
$55,510
2024
$4,310
$51,200
$55,510
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,369
$55,510

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$55,510
100%
0%
$0/mo

City: Mexia

108 E Commerce Street | Property Details | No Agent List