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$237,500

111 N State St, Fort Davis, TX, 79734

$308,750 ARVInfo
Off MarketInfo
CommercialInfo
Baths8,000 Sq Ft
Hotel/MotelHotel/Motel
price_per_sqft$118.75 / sqft
Year BuiltBuilt in 1950

Exterior

Lot Size6,251 sqft

Building Information

Year Built1925

Land Information

APN9855
Land UseCommercial
Legal Description13, MURPHY LOT 17 FT DAVIS DRUG STORE & INN
Census Tract950100
Assessed Land Value$37,500
Assessed Improvement Value$200,000
Assessment Year2024

About this property

Own a Piece of History in Fort Davis! Prime downtown location near major attractions. Historic two story, six room boutique hotel with a unique 1950s milkshake counter and guest lounge. Versatile spaces for dining or retail, plus expansion potential. Modern upgrades include new AC/heating, water heaters, and remodeled bathrooms. Sale includes all equipment, reservations, website, and six months of support. Embrace this cherished landmark and make it your own! Contact us today!

Investor Tools

Property Icon
$237,500
Estimated Property Value
$0Estimated Mortgage Balance
$237,500Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$308,750
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$719/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,445
$237,500
2024
$37,500
$200,000
$237,500
No

Tax History

Year
Tax Paid
Assessed Value
2022
$7,445
$237,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$237,500
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Fort Davis

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111 N State St | Property Details | No Agent List