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$480,000

NAL Estimated Property Value

1300 S Texas Ave, Bryan, TX, 77803

$624,000 ARVInfo
Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths8,012 Sq Ft
price_per_sqft$104.22 / sqft
Year BuiltBuilt in 1960

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size24,080 sqft

Building Information

Year Built1960
Stories2

Land Information

APN667000-0004-0090
Lot Number9,12,LO
SubdivisionWinters
Land UseCommercial
Legal DescriptionWINTERS, BLOCK 4, LOT 9-12 & PT OF 13 & PT OF ALLEY
Census Tract000900
Assessed Land Value$248,736
Assessed Improvement Value$476,264
Assessment Year2025

About this property

Discover an exceptional investment opportunity with this commercial building situated in the vibrant Mid-Town Bryan on Texas Ave. This highly sought-after property boasts an impressive 7.14% Cap Rate. Located in an area with a traffic count exceeding 16,000 vehicles per day, your tenants will benefit from maximum visibility and exposure. This versatile property features three separate spaces, each equipped with individual electrical meters and HVAC units, allowing for diverse tenant needs. The building includes ATMOS Gas on a single meter for cost efficiency. One of the key highlights is the recently remodeled space dedicated to the anchor tenant, showcasing modern finishes and improvements that enhance its appeal. The property is thoughtfully equipped with essential updates, including a new roof installed in 2020 and two new 5-ton HVAC units, ensuring long-term durability and comfort for all tenants. The convenience of twenty-nine parking spaces provides ample space for both tenants and their customers. Zoned within the MIDTOWN CORRIDOR DISTRICT (MT-C), the property offers a wide array of potential uses and development options. Seize this rare opportunity to secure a thriving commercial asset in a bustling location.

Investor Tools

Property Icon
$480,000
Estimated Property Value
$184,267Estimated Mortgage Balance
$295,733Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$624,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,010 /month
Positive
Cash Flow Estimate:
$1,670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$864/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,962
$480,000
2025
$248,736
$476,264
$725,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,962
$480,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Commercial
$210,000
No
First
Feb 27, 2020
Feb 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,267
$295,733
61%
38%
$1,260/mo

City: Bryan

1300 S Texas Ave | Property Details | No Agent List