$92,500
1245 E King Ave, Kingsville, TX, 78363
On Market
Highlights
Interior
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
$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
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
