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$99,000

$116,900

1245 E King Ave, Kingsville, TX, 78363

On MarketInfo
Price DropInfo
Beds5 Beds
Baths2 Bath
Baths1,748 Sq Ft
price_per_sqft$56.64 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 2Bathrooms 2

Exterior

Lot Size18,748 sqft

Building Information

Year Built1950

Land Information

APN22607
Lot Number5-9
Land UseResidential
Legal DescriptionPENNY, BLOCK 1, LOT 5-9
Census Tract020200
Assessed Land Value$21,250
Assessed Improvement Value$50,210
Assessment Year2025

About this property

Come take a look at this commercial property located approximately two blocks east from US Highway 77/69 and just two blocks west from the major intersection of King ad 14th in Kingsville. This property consists of five commercially zoned lots offering excellent visibility and accessibility. The land is very versatile and could be used for retail, commercial, multifamily, or even residential development. Utilities are available, making this a great opportunity for investors, developers, or business owners looking to build in a growing area.

Investor Tools

Property Icon
$116,000
Estimated Property Value
$0Estimated Mortgage Balance
$116,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$696 /month
Positive
Cash Flow Estimate:
$232 /month

Interested in this property?

albert garcia

first texas realty & insurance

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$205/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,882
$71,460
2025
$21,250
$50,210
$71,460
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,882
$71,460

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$118,000
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.

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: Kingsville

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1245 E King Ave | Property Details | No Agent List