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$252,091

112 E Main St, Whitesboro, TX, 76273

$327,718 ARVInfo
PendingInfo
CommercialInfo
Baths3,655 Sq Ft
BusinessBusiness
price_per_sqft$68.4 / sqft
Year BuiltBuilt in 1995

Highlights

Interior

FlooringCarpet

Exterior

Lot Size3,655 sqft

Building Information

Year Built1995

Land Information

APNW005 1042006
SubdivisionRitchey William A-G1042
Land UseCommercial
Legal DescriptionG-1042 RITCHEY WILLIAM A-G1042, 24.5X160 24.5X160
Census Tract001103
Assessed Land Value$21,934
Assessed Improvement Value$254,923
Assessment Year2025

About this property

Exceptional commercial investment opportunity in the heart of downtown Whitesboro, Texas. Located on Main Street, this highly visible property sits directly in a high-traffic retail and business district, offering a fantastic footprint for investors seeking immediate cash flow with strong long-term stability. The building is currently occupied by an established, corporate-backed H&R Block franchise on a flexible, month-to-month agreement. Proving the strength of this location, the tenant is fully prepared and willing to execute a fresh, three-year lease upon sale, providing a seamless, turnkey income stream for the next owner from day one. Whether you are looking to expand your commercial portfolio with a reliable tenant or secure a prime piece of North Texas real estate, this Main Street property offers the perfect blend of immediate returns, stability, and future upside.

Investor Tools

Property Icon
$252,091
Estimated Property Value
$360,000Estimated Mortgage Balance
$0Estimated Equity
-43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$327,718
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,513 /month
Positive
Cash Flow Estimate:
$504 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$450/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,138
$252,091
2025
$21,934
$254,923
$276,857
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,138
$252,091

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mark J Celsi
Commercial
$360,000
No
First
Dec 18, 2014
Apr 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,481
N/A
0%
107%
$2,159/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: Whitesboro

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112 E Main St | Property Details | No Agent List