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$400,000

116 E Highway 199, Springtown, TX, 76082

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size10,890 sqft

Land Information

APN20822-042-000-00
Land UseAgriculture / Farming
Legal DescriptionACRES: 0.250 ABST: 822 SURVEY: LEONARD MARY TR: SPRINGTOWN REAL EST ATE BLK: SURV: MARY LEONARD
Census Tract140403
Assessed Land Value$108,900
Assessment Year2025

About this property

Exceptional commercial development opportunity in the heart of Springtown. This vacant C2 Commercial zoned corner lot is strategically positioned at the highly visible intersection of Highway 199 and Highway 51, offering outstanding frontage and direct exposure along Highway 199. Located within Springtown city limits, the property is ideal for a wide range of commercial uses including a coffee shop, gas station, restaurant, retail center, professional office, medical office, automotive service business, and more. With strong traffic counts, excellent accessibility, and prominent visibility from multiple directions, this site provides an outstanding location for businesses seeking maximum exposure. Surrounded by continued residential and commercial growth, the property presents tremendous potential for investors, developers, and owner-users looking to capitalize on one of Springtown’s busiest commercial corridors. Rare opportunity to develop a premier commercial site in a rapidly expanding market.

Investor Tools

$0Estimated Mortgage Balance
$108,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

Chase Hall

Chase Realty DFW

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$45/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$108,900
2025
$108,900
N/A
$108,900
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$108,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$108,900
100%
0%
$0/mo

City: Springtown

116 E Highway 199 | Property Details | No Agent List