Last 24 Hours
$493,260
NAL Estimated Property Value121 &123 N Highland Ave 1 &2, Marfa, TX, 79843
Off Market
Commercial
— Beds
— Bath
2,890 Sq Ft
Retail
$300.4 / sqft
Built in 1919Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size2,831 sqft
Building Information
Year Built1919
Land Information
APN131000000160001200000
SubdivisionMarfa
Land UseCommercial
Legal Description16, MARFA S34' OF N70' OF L1-3
Census Tract950100
Assessed Land Value$40,640
Assessed Improvement Value$452,620
Assessment Year2025
About this property
Located on Marfa's premier street, this renovated adobe has high ceilings, great light and street access. Highly desirable location for retail business. All new systems, HVAC, plumbing, electric. Great opportunity to have a duplexed retail space in the heart of Marfa close to all restaurants and Marfa's iconic Courthouse.
Investor Tools
$493,260
Estimated Property Value
$0Estimated Mortgage Balance
$493,260Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,209 /month
Positive
Cash Flow Estimate:
$1,736 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$838/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,587
$493,260
2025
$40,640
$452,620
$493,260
No
Tax History
Year
Tax Paid
Assessed Value
2025
$7,587
$493,260
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$493,260
100%
0%
$0/mo
12.4%