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Days639Days on Market
Views1view

$400,000

1308 E Ferguson Rd, Mount Pleasant, TX, 75455

$520,000 ARVInfo
On MarketInfo
CommercialInfo
Baths3,268 Sq Ft
RetailRetail
Year BuiltBuilt in 1950

Highlights

Interior

FlooringConcrete

Exterior

Lot Size2.65 acres

Building Information

Year Built1950

Land Information

APN12459
Lot Number4B
SubdivisionMt Pleasant City Blocks
Land UseCommercial
Legal DescriptionMT PLEASANT CITY BLOCKS BLK 350 LOT 4B 2.6479 AC
Census Tract950800
Assessed Land Value$193,207
Assessed Improvement Value$52,350
Assessment Year2025

About this property

MOTIVATED SELLER!!!! Attention to prime location! Take advantage of the chance to acquire more than 2.5 acres of prime real estate featuring outstanding road frontage. This property offers abundant space for expansion or development. Located near the town center, it ensures easy access to amenities that will attract customers. An excellent investment for those looking to broaden their business ventures, it is an ideal spot for a laundromat or storage units. Don't hesitate—this opportunity won't last long!

Investor Tools

$0Estimated Mortgage Balance
$245,557Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$520,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

Jan Miller

CENTURY 21 Judge Fite Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$241/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,665
$245,557
2025
$193,207
$52,350
$245,557
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,665
$245,557

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$245,557
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: Mount Pleasant

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1308 E Ferguson Rd | Property Details | No Agent List