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$750,000

15 & 31 Beard Lane, Van Alstyne, TX, 75495

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths2,790 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1999

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCeramic Tile, Concrete

Exterior

Lot Size19,820 sqft

Building Information

Year Built1999

Land Information

APN313 077002006
SubdivisionMckinney James &Hrs A-G0770
Land UseCommercial
Legal DescriptionG-0770 MCKINNEY JAMES &HRS A-G0770, ACRES .455
Census Tract001803
Assessed Land Value$89,427
Assessed Improvement Value$148,183
Assessment Year2025

About this property

Unique property for sale. Body Paint shop. First building has paint booth, Overhead doors, supplies room, mix paint room, half bath, Kitchenette, Office. Insulated walls & ceiling. 220 wiring. Compressor & hoses. Building is apx 30x78. Building #2 has Lift, half bath, Office, Compressor & hoses, Overhead Doors, Loft storage area, Insulated walls & ceiling. The other half of this building is a Residential area that has blown insulation. The rooms have been framed and the Plumbing ruff plumbed thru slab. It is the begins of a Two Bedroom, Two Bath, Utility Room, Open floorplan in the Kitchen with Dining and Living Room. Once finished you could live where you work or lease it out. The overall approximate square footage of the second building is 2700. This property is located Outside of the City Limits. On the Corner of Old Hwy 6 and Beard Lane. So much future use of this property could be Multi Uses. The area is growing so fast. This could be a great opportunity for YOU! For additional information please give me a call, Paula Cloud 903-821-0299.

Investor Tools

Property Icon
$215,280
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
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
$340/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,003
$215,280
2025
$89,427
$148,183
$237,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,003
$215,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cattlemens Bank
Commercial
$472,500
No
First
Feb 5, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$470,451
N/A
0%
219%
$2,833/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: Van Alstyne

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