Last 24 Hours
$258,000
NAL Estimated Property Value117 2nd St, Krum, TX, 76249
Off Market
Commercial
— Beds
— Bath
4,424 Sq Ft
$96.07 / sqft
Built in 1970Highlights
Interior
Bedrooms —
Bathrooms —
Garage Available
Heating GasFlooringConcrete
Exterior
Lot Size7,797 sqft
Building Information
Year Built1959
Stories1
Roof Type105
Garage Spaces1
Land Information
APNR61569
Lot Number12,13
SubdivisionO T Krum
Land UseResidential
Legal DescriptionO T KRUM BLK 11 LOT 12,13
Census Tract020208
Assessed Land Value$54,600
Assessed Improvement Value$31,637
Assessment Year2025
About this property
Great commercial building in Old Town Krum! This property has many possibilities for commercial use. If you need electrical, this is your place, three phase with lots of power outlets and large open workspace. There is a back entry with pull up door and parking out front as well. In addition to mechanical, property could be split for multiple use. There is room for offices in front and shop in back. Great investment property that can create passive income while operating your business, if finished out for multiple use.
Investor Tools
$258,000
Estimated Property Value
$28,461Estimated Mortgage Balance
$229,539Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$266/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,900
$86,237
2025
$54,600
$31,637
$86,237
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,900
$86,237
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bk
N/A
$140,000
N/A
First
Mar 10, 2000
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$28,461
$229,539
88%
11%
$840/mo
12.4%