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$288,000

1300 and 1302 W Main Street, Gatesville, TX, 76528

$295,000 ARVInfo
On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths3,136 Sq Ft
CommercialCommercial
price_per_sqft$91.84 / sqft
Year BuiltBuilt in 1945

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available
FlooringWood

Exterior

Lot Size1.16 acres

Building Information

Year Built1945
Garage Spaces1

Land Information

APN1-09-49-0000
Lot Number11
SubdivisionWestview Addn Gv
Land UseCommercial
Legal DescriptionWESTVIEW ADDN GV, BLOCK 5, LOT 11, ACRES 1.16
Census Tract010300
Assessed Land Value$49,520
Assessed Improvement Value$17,720
Assessment Year2025

About this property

Use your imagination and see the potential this property has for commercial existence. Property is part of two parcels. The front of both parcels is zoned commercial while the back is residential. Lots of opportunities. Currently the house is being used as residential and the old gas station is used as storage for a resale shop. 1300 W Main is 1.16 acres and 1302 W Main is 1.148 for a total of 2.308 acres. It already has city water and city sewer. This is a great opportunity to get a space for a restaurant, retail store, or even rental income. This property is perfectly positioned to attract a steady stream of customers and, with its prime location, you'll benefit from high visibility and plenty of foot traffic. Utilities available are water, sewer, electric & high speed fiber optic internet. Daily traffic of 11,000+ vehicles. Prime frontage on Hwy 84. The tract is located in the middle of FM 116 and Hwy 36. Traffic count reads 82,000 short-term traffic volume counts and around 1,000 vehicle classification counts. Gatesville population of 17,460, with 4A schools, and key employment to include medical, prisons and state jails.

Investor Tools

$0Estimated Mortgage Balance
$67,240Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$295,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,728 /month
Positive
Cash Flow Estimate:
$576 /month

Interested in this property?

Diana Barnett

Cowboy RE by All City RE

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$135/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,287
$67,240
2025
$49,520
$17,720
$67,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,287
$67,240

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$67,240
100%
0%
$0/mo

City: Gatesville

1300 and 1302 W Main Street | Property Details | No Agent List