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$76,154

NAL Estimated Property Value

13228 State Highway 198, Payne Springs, TX, 75156

$99,000 ARVInfo
Off MarketInfo
CommercialInfo
Baths2,040 Sq Ft
Year BuiltBuilt in 1960

Highlights

Interior

Garage AvailableGarage Available
FlooringConcrete

Exterior

Lot Size15,943 sqft

Land Information

APN4165-0000-0010-58
Lot Number1,1A
SubdivisionSouthwood Shores (228)
Land UseCommercial
Legal DescriptionAB 59 J P BROWN SUR, SOUTHWOOD SHORES SEC I LTS 1 & 1A
Census Tract950905
Assessed Land Value$7,182
Assessed Improvement Value$68,972
Assessment Year2025

About this property

POPULAR, SUCCESSFUL & WELL KNOWN TURN KEY BUSINESS fully equipped with everything needed to run a profitable BBQ restaurant & catering! Includes all top secret, time tested, lip-smacking, finger licking good recipes from original owners along with food prep stations, equipment, fryers, smokers, cold storage and walk-in freezers, office equipment, computers, furnishings & decor; cash registers & point of sale systems; seller says even the name can remain! Coca Cola machine leased at no charge when serving only coke products, all else is business owned. Once in a lifetime opportunity at Cedar Creek Lake! Listing Agent must accompany buyer and buyer agent for showings unless other arrangements are made in advance. Detailed business financial documents available upon execution of contract. Potential buyers may visit publicly accessible portions of the restaurant.

Investor Tools

Property Icon
$76,154
Estimated Property Value
$151,880Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$99,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$78/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$554
$76,154
2025
$7,182
$68,972
$76,154
No

Tax History

Year
Tax Paid
Assessed Value
2024
$554
$76,154

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens National Bank
Building Or Construction Loan
$192,780
No
First
May 3, 2016
Nov 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,880
N/A
0%
199%
$1,156/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.

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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: Payne Springs

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13228 State Highway 198 | Property Details | No Agent List