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$178,500

124 W Main Street, Italy, TX, 76651

$232,050 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths4,000 Sq Ft
IndustrialIndustrial
price_per_sqft$46.25 / sqft
Year BuiltBuilt in 1925

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCarpet, Concrete

Exterior

Lot Size4,966 sqft

Building Information

Year Built1925
Stories1

Land Information

APN45.2001.020.007.00.107
Lot Number7
SubdivisionO T Italy-Rev
Land UseCommercial
Legal DescriptionLOT 7 & 8 BLK 20 O T ITALY-REV .114 AC
Census Tract061000
Assessed Land Value$29,149
Assessed Improvement Value$149,351
Assessment Year2025

About this property

Completely updated downtown building with private office, private room currently being used as a kids play room, fully functioning kitchen with brand new Osmosis water purifying system as well separate space being used for a snow cone stand with slide window to outside sidewalk. Building offers open warehouse space in the back for full customization of whatever you need. Building is wired with monitored security cameras. Building is currently being used for a general store and snow cone stand. Rear private parking spots as well as front public parking. Agent is owner of building.

Investor Tools

Property Icon
$178,500
Estimated Property Value
$0Estimated Mortgage Balance
$178,500Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$232,050
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$341/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,201
$178,500
2025
$29,149
$149,351
$178,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,201
$178,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$178,500
100%
0%
$0/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: Italy

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124 W Main Street | Property Details | No Agent List