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$391,626

NAL Estimated Property Value

1315 Wildcat Dr, Portland, TX, 78374

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths2,586 Sq Ft
price_per_sqft$154.64 / sqft
Year BuiltBuilt in 1964

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
HeatingHeating
CoolingCooling

Exterior

Lot Size8,015 sqft

Building Information

Roof Type109
Garage Spaces15

Land Information

APN1392-0002-0001-000
Lot Number1
SubdivisionPortland Place Unit 2
Land UseCommercial
Legal DescriptionPORTLAND PLACE UNIT 2 BLK 2 LOT 1
Census Tract010601
Assessed Land Value$54,880
Assessed Improvement Value$336,746
Assessment Year2025

About this property

This HIGH VISIBILITY property is the queen of the central commercial district in Portland! And as is fitting for a queen, recent updates include a fully repainted exterior and exterior trim, as well as many recent repairs to ensure it's ready for your business! Formerly Eden Salon, as well as Texas National Title, this property can accommodate your single business, or TWO, as it features two distinct areas that could be leased separately, each having a private entry and restroom. The main entry door opens to a large lobby with a granite reception counter, a large work room, a storage room, a conference room, and 3 office spaces down the main hallway. One of the 3 rear offices is big enough to accommodate a conference table, and could be used as meeting space, as well. Behind the central conference room is a large break room with cabinetry storage and space for a refrigerator with a water connection, a stainless steel sink, and granite counters, creating a perfect break area. Formerly leased separately as a barber shop, there is a private entry to and a dedicated restroom for this area. City of Portland zoning for the property is Professional Office, so your medical office, personal services business, or retail business will fit right in to this STELLAR location...and a convenience store WITHOUT gas pumps would be permitted as well! The lot provides approximately 15 parking spaces, plus a handicapped space. Formerly a residence, the upstairs has been converted to unconditioned attic space, and space for one of the air handlers. A recently replaced and windstorm-certified staircase on the outside of the building provides access for AC maintenance or storage of items that don't need climate control. Easy access to Hwy 181 is within sight of the property, so your customers can find you quickly. If you're looking for professional space for your business, look no further than the heart of Portland!

Investor Tools

Property Icon
$391,626
Estimated Property Value
$0Estimated Mortgage Balance
$391,626Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$911/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,979
$391,626
2025
$54,880
$336,746
$391,626
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,979
$391,626

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$391,626
100%
0%
$0/mo

City: Portland

1315 Wildcat Dr | Property Details | No Agent List