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$647,500

NAL Estimated Property Value

119 N Main St, Jacksboro, TX, 76458

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths14,925 Sq Ft
Year BuiltBuilt in 1889

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringCeramic Tile, Hardwood, Tile

Exterior

Lot Size17,555 sqft

Building Information

Year Built1900

Land Information

APN50782
Lot Number1-3
Land UseCommercial
Legal DescriptionLTS 1 2 & 3 BLK 2 OT JACKSBORO JR'S CHOP HOUSE BED & BREAKFAST
Census Tract950300
Assessed Land Value$57,040
Assessed Improvement Value$590,460
Assessment Year2025

About this property

UNIQUE BUSINESS OPPORTUNITY WITH HUGE UPSIDE POTENTIAL. THIS VERY PROFITABLE BUSINESS IS BEING OFFERED FOR THE REAL ESTATE VALUE. THERE ARE SEVERAL PROFIT CENTERS IN THIS GREAT BUSINESS MODEL. RESTAURANT-BAR, 5 BEAUTIFUL AIRBNB ROOMS, STARBUCKS COFFEE SHOP, AND A SPACIOUS OUTDOOR COURTYARD TO HOST WEDDINGS AND SPECIAL EVENTS. THIS HISTORIC ARCHiTECTURAL MASTERPIECE HAS BEEN EXTENSIVELY REMODELED TO ELEVATE HER GRANDEUR. IN 2018 THE OWNERS INVESTED ANOTHER $200,000 TO REMODEL THE KITCHEN. LOCATED ON HWY 281 WITH GREAT TRAFFIC COUNTS AND FANTASTIC EXPOSURE. JR'S CHOP HOUSE AND AIRBNB IS A VERY POPULAR DESTINATION WITH GREAT REVIEWS. THIS IS A TURN KEY OPERATION. SELLER WILL WORK TOGETHER WITH THE NEW PURCHASER TO ACCOMMODATE THE TRANSITION SO THAT THERE IS NO DOWNTIME OF THE OPERATION AFTER BEING ACQUIRED. THIS IS A FULLY OPERATIONAL ACTIVE BUSINESS AND ALL INQUIRIES AND SHOWINGS MUST RUN THROUGH THE LISTING BROKER AND MUST ATTEND ALL SHOWINGS. *McKnight Title in Weatherford

Investor Tools

Property Icon
$647,500
Estimated Property Value
$888,173Estimated Mortgage Balance
$647,500Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,050 /month
Positive
Cash Flow Estimate:
$3,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,666/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,760
$647,500
2025
$57,040
$590,460
$647,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$16,760
$647,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Jacksboro National Bank
Purchase Money Mortgage
$900,000
No
First
Aug 29, 2025
Sep 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$888,173
N/A
0%
137%
$5,396/mo

City: Jacksboro

119 N Main St | Property Details | No Agent List