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$398,000

$425,000

110 N Main St, Henderson, TX, 75652

On MarketInfo
CommercialInfo
Price DropInfo
Beds Beds
Baths Bath
Baths8,050 Sq Ft
OfficeOffice
price_per_sqft$49.44 / sqft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size3,624 sqft

Land Information

APN4780
Lot Number3
Land UseCommercial
Legal DescriptionLT 3 BLK 28 J SMITH
Census Tract950900
Assessed Land Value$22,500
Assessed Improvement Value$197,570
Assessment Year2024

About this property

This versatile office building blends timeless character with functionality, offering opportunities for single or multiple tenants. The property is situated on a high-visibility corner lot, maximizing exposure in a bustling corridor. It presents an excellent opportunity for investors or owner-occupants seeking a well-positioned property in a growing East Texas community. With flexible multi-tenant potential, reliable infrastructure, and a strong central location, this asset offers long-term value and visibility for a variety of commercial or professional uses. Please see link to Matterport for 3D images and floor plan.

Investor Tools

$179,107Estimated Mortgage Balance
$40,963Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,388 /month
Positive
Cash Flow Estimate:
$796 /month

Interested in this property?

donna wilder

coldwell banker home place realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$303/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,534
$220,070
2024
$22,500
$197,570
$220,070
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,534
$220,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank
Commercial
$187,000
No
First
Dec 15, 2023
Dec 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,107
$40,963
18%
81%
$1,122/mo

City: Henderson

110 N Main St | Property Details | No Agent List