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$589,000

1400 N Las Vegas Trail 115, White Settlement, TX, 76108

On MarketInfo
CommercialInfo
Baths1,904 Sq Ft
OfficeOffice
price_per_sqft$309.35 / sqft
Year BuiltBuilt in 2020

Highlights

Interior

FlooringConcrete

Building Information

Year Built2020

Land Information

APN26911C------115
SubdivisionMotorplace Fwtx Condos
Land UseIndustrial
Legal DescriptionMOTORPLACE FWTX CONDOS LOT UNIT 115 & 3.61% OF COMMON AREA
Census Tract100602
Assessed Land Value$28,395
Assessed Improvement Value$251,665
Assessment Year2025

About this property

A premium garage suite located in an exclusive community designed for enthusiasts. Motorplace USA offers 24-7 controlled access, security cameras, perimeter fencing, exterior lights, a private clubhouse for owners, 50’ wide drive aisles, & a trash enclosure. Suite 115 is the ideal space for storing & enjoying your cars, trucks, motorcycles, boats, jet skis, RVs, or for use as an office space. The main floor features a living area, full bathroom, & extra storage closet, while the mezzanine includes a spacious living area, private balcony, & full bar with sink, ice machine, mini fridge, & dishwasher. Additional features include a mini split with heat pump, 20’ wall height with a 27’ peak, oversized 14’x14’ door with opener, pedestrian door, 200 Amp, 240 Volt electrical single phase, 30 Amp RV plug, insulated overhead doors, walls, & roof & a fire sprinkler system, providing an unparalleled combination of security, convenience, and luxury for all your high-performance needs.

Investor Tools

$377,196Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,534 /month
Positive
Cash Flow Estimate:
$1,178 /month

Interested in this property?

John Zimmerman

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$628/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,138
$280,060
2025
$28,395
$251,665
$280,060
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,138
$280,060

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ciera Bank
Unknown
$390,000
No
First
Aug 16, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$377,196
N/A
0%
135%
$2,339/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: White Settlement

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1400 N Las Vegas Trail 115 | Property Details | No Agent List