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$499,000

1445 E State Highway 276, West Tawakoni, TX, 75474

$648,700 ARVInfo
On MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths2,650 Sq Ft
Hotel/MotelHotel/Motel
Year BuiltBuilt in 1974

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
CoolingCooling
FlooringLaminate

Exterior

Lot Size37,640 sqft

Building Information

Year Built1974
Stories1
Roof Type112

Land Information

APN0102-KK00-0020-58
SubdivisionBarrow Peter
Land UseCommercial
Legal DescriptionA0102 BARROW PETER,TRACT KK-2, ACRES .8641
Census Tract961600
Assessed Land Value$47,910
Assessed Improvement Value$74,670
Assessment Year2025

About this property

Great opportunity to own an established local motel rental property. This property has 7 rental units with kitchenettes and bathrooms. One of these units is a suite with a full kitchen. Also included is another rental which is a tiny home behind the motel equipped with a full kitchen and full bath There is an additional lot behind the building with electric. Many recent updates including the roof. The utility room area for business and laundry services, as well as, plenty of storage. There is an outside sitting area as well. This property is located across from the golf course and Lake Tawakoni boat ramp nearby. This is also located on busy Highway 276 for great exposure.

Investor Tools

$39,514Estimated Mortgage Balance
$73,139Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$648,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

Interested in this property?

Ra-Lyn Baker

Golden Realty Group LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$187/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,681
$112,116
2025
$47,910
$74,670
$122,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,681
$112,116

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Edward Gene Fox Etux
Seller Carryback / Seller Financing / Seller Take-Back
$65,000
No
First
Mar 18, 2010
Mar 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$39,514
$72,602
64%
35%
$390/mo

City: West Tawakoni

1445 E State Highway 276 | Property Details | No Agent List