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A+
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Days259Days on Market
Views1view
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$345,000

118 S Oak St, Henderson, TX, 75654

$448,500 ARVInfo
On MarketInfo
Baths10,080 Sq Ft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Exterior

Lot Size1.22 acres

Building Information

Year Built1971

Land Information

APN4647
Lot Number6,7
Land UseResidential
Legal DescriptionLT 6 & E PT LT 7 BLK 116 AB 709 J SMITH SUR
Census Tract950900
Assessed Land Value$14,810
Assessed Improvement Value$81,190
Assessment Year2024

About this property

Excellent opportunity in the heart of Henderson! This 10,000 sq ft commercial warehouse offers flexibility with two heated and cooled spaces, making it ideal for a variety of business uses. The property features a fenced yard, on-site parking, and convenient access to major highways—all while being just steps from downtown. With its size, layout, and location, this property is perfectly suited for storage, distribution, light manufacturing, or other commercial ventures.

Investor Tools

Property Icon
$342,000
Estimated Property Value
$0Estimated Mortgage Balance
$342,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$448,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

Interested in this property?

Michael Loosier

L4 Property Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,174
$96,000
2024
$14,810
$81,190
$96,000
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,174
$96,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$342,000
100%
0%
$0/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.

Explore Texas Explore This Area
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: Henderson

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118 S Oak St | Property Details | No Agent List