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$118,973

NAL Estimated Property Value

1209 N Washington Avenue, Mt Pleasant, TX, 75455

Off MarketInfo
CommercialInfo
Baths1,056 Sq Ft
price_per_sqft$236.65 / sqft
Year BuiltBuilt in 1997

Highlights

Interior

FlooringConcrete

Exterior

Lot Size14,244 sqft

Building Information

Year Built1997

Land Information

APN15749
Lot Number3
SubdivisionWallace Addition
Land UseCommercial
Legal DescriptionWALLACE ADDITION BLK 130 LOT 3 0.327 AC
Census Tract950500
Assessed Land Value$32,051
Assessed Improvement Value$86,922
Assessment Year2025

About this property

This unique property offers an incredible opportunity for entrepreneurs or pet enthusiasts looking to establish their own business. With a successful grooming facility that has been serving the community for over 36 years, this property boasts an impressive client base of over 1000 customers. Inside, you'll find 24 spacious and comfortable kennels, both indoor and outdoor, with heated floors to ensure your furry friends are always cozy. Additionally, there are four grooming stations, two tubs, and a separate drying room. The property alsofeatures seven outdoor kennels and four large pens. Imagine the possibilities - this could even be transformed into a small veterinarian office! The seller is even willing to stay on for up to six months after the sale to provide training if desired. Don't miss out on this exceptional opportunity to embark on a fulfilling and prosperous venture in the beautiful small town of Mt. Pleasant, Texas!

Investor Tools

Property Icon
$118,973
Estimated Property Value
$153,499Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$117/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$807
$118,973
2025
$32,051
$86,922
$118,973
No

Tax History

Year
Tax Paid
Assessed Value
2025
$807
$118,973

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Verabank Na
Commercial
$160,000
No
First
Feb 5, 2024
Feb 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,499
N/A
0%
129%
$960/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: Mt Pleasant

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1209 N Washington Avenue | Property Details | No Agent List