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$374,820

119 N Frances Street, Terrell, TX, 75160

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths5,750 Sq Ft
Mixed UseMixed Use
price_per_sqft$21.74 / sqft
Year BuiltBuilt in 1922

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Other

Exterior

Lot Size5,750 sqft

Building Information

Year Built1922
Stories1
Roof Type183
Garage Spaces1

Land Information

APN00.3710.0080.0001.00.06.06
Lot Number1
SubdivisionTerrell Original
Land UseCommercial
Legal DescriptionTERRELL ORIGINAL, BLOCK 80, LOT 1
Census Tract050401
Assessed Land Value$23,000
Assessed Improvement Value$381,300
Assessment Year2025

About this property

Two stories of great potential in rapidly growing downtown Terrell. Will need considerable rehab to make it fantastic. Lots of individual office space already built out that can be used for a company's offices or to rent out to tenants. Has a large garage attached.

Investor Tools

Property Icon
$374,820
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,249 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$767/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,335
$374,820
2025
$23,000
$381,300
$404,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,335
$374,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City National Bank Of Sulphur Springs
Purchase Money Mortgage
$1,350,000
No
First
Jul 26, 2023
Feb 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,280,097
N/A
0%
342%
$8,094/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: Terrell

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119 N Frances Street | Property Details | No Agent List