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$224,000

NAL Estimated Property Value

1425 E State Highway 276, West Tawakoni, TX, 75474

Off MarketInfo
CommercialInfo
Baths1,800 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1974

Highlights

Interior

Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringConcrete

Exterior

Lot Size1.64 acres

Building Information

Year Built1977
Stories1
Roof Type112
Garage Spaces2

Land Information

APN0102-K000-0000-56
SubdivisionBarrow Peter
Land UseResidential
Legal DescriptionA0102 BARROW PETER,TRACT K, ACRES 1.6395
Census Tract961600
Assessed Land Value$104,600
Assessed Improvement Value$37,500
Assessment Year2025

About this property

You will love the high tower and old world charm of this unique commercial building located on main highway 276. Located across from Deer Run Golf Course and surrounded by Lake Tawakoni, uses are boundless. Use your creativity for the opportunities that might cater to the recreation of boating, fishing, and golfers alike. The new owner can live in the modest barndominium style 4-2 home, privately sitting in the back of the 3 plus acres, or use for extra rental income while running the business in front. The main structure has an abundance of parking, an attached shop for offloading, storage or enclose for added workspace. A secluded back patio area would be ideal for use in structured outdoor activities or games. Having previously operated as Gillians, the location has broadly appealed to the lake community with many loyal customers. Upon reopening locals will be sure to have an nostalgic feel when entering. Will be a draw towards any type business due to the proximity to the lake!

Investor Tools

Property Icon
$224,000
Estimated Property Value
$0Estimated Mortgage Balance
$224,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$138/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$540
$142,100
2025
$104,600
$37,500
$142,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$540
$142,100

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$224,000
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: West Tawakoni

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1425 E State Highway 276 | Property Details | No Agent List