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$516,000

NAL Estimated Property Value

117 W Rock Island Avenue, Boyd, TX, 76023

Off MarketInfo
CommercialInfo
Baths10,500 Sq Ft
IndustrialIndustrial
price_per_sqft$31.9 / sqft
Year BuiltBuilt in 1993

Highlights

Interior

FlooringConcrete

Exterior

Lot Size6,490 sqft

Building Information

Stories1
Roof Type110

Land Information

APNS0236.0455.00
Lot Number5-6
SubdivisionOriginal Boyd
Land UseCommercial
Legal DescriptionLOT 5 & 6 BLK 25 ORIGINAL BOYD
Census Tract150605
Assessed Land Value$65,000
Assessed Improvement Value$451,000
Assessment Year2025

About this property

***Motivated seller***Insulated Sheetmetal building available on main drag of Boyd sitting on US Highway 114 with 10,500 sq ft available for distribution, warehouse, retail business, offices, and-or commercial. The front of this building begins with 2 story, approx. 3500 sq ft broke up into 10 offices, rest rooms, and lab room. Balance of building a rectangle box approx. 7000 sq ft of shop or warehouse space with climate control heat-air and clear height of 12ft 8in to 14ft 9in under trusses or 13ft 6in to 16ft 3in between trusses, a grade high overhead door 14ft W by 11ft 9in H located on back. Building has 3 phase 240 volt electric service, compress air system, sidewalk and street parking across the front.

Investor Tools

Property Icon
$516,000
Estimated Property Value
$146,875Estimated Mortgage Balance
$369,125Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,096 /month
Positive
Cash Flow Estimate:
$1,032 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$991/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,311
$516,000
2025
$65,000
$451,000
$516,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,311
$516,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Karen A Turner
Purchase Money Mortgage
$175,000
No
First
Jun 21, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,875
$369,125
71%
28%
$1,050/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: Boyd

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117 W Rock Island Avenue | Property Details | No Agent List