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$228,000

NAL Estimated Property Value

11924 Lake June Rd, Balch Springs, TX, 75180

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths1,313 Sq Ft
RetailRetail
price_per_sqft$380.05 / sqft
Year BuiltBuilt in 1954

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating CentralHeating Central
CoolingCooling
FlooringLaminate, Vinyl

Exterior

Lot Size9,913 sqft

Building Information

Year Built1954
Stories1
Roof Type105

Land Information

APN12055500000010200
SubdivisionPasadena Acres
Land UseCommercial
Legal DescriptionPASADENA ACRES PT TR 1 80X202.89 INT201200056017 DD02242012 CO-DC 0555000000102 3CB05550000
Census Tract017201
Assessed Land Value$59,480
Assessed Improvement Value$47,680
Assessment Year2025

About this property

Prime retail, high traffic location,at the intersection of Lake June and Hickory Tree roads, next door to 7-11 and many other businesses. Side B is barber shop with half bath and storage closet inside. Approximately 400 Sq-ft. of space. Side A is occupied by a lovey Pinata Retail store. Approximately 1000 Sq-ft. half bath and storage area. Plenty of parking at front entrance. Large lot in the rear is about a fourth of an acre total. Very visible large tall high traffic business road sign. Awesome spot for tear down and rebuild. Redevelopment is occurring all around and all about the area.

Investor Tools

Property Icon
$228,000
Estimated Property Value
$287,730Estimated Mortgage Balance
$228,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$312/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,598
$107,160
2025
$59,480
$47,680
$107,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,598
$107,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Commercial
$292,000
No
First
Jul 1, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,730
N/A
0%
126%
$1,751/mo

City: Balch Springs

11924 Lake June Rd | Property Details | No Agent List