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$86,250

15042 N Us Hwy 287, Grapeland, TX, 75844

Off MarketInfo
Baths0 Bath
Baths1,260 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size28,401 sqft

Building Information

Year Built1985

Land Information

APN003080003000000000016
SubdivisionW W Caskey
Land UseCommercial
Legal DescriptionW W CASKEY AB 308 .652 AC
Census Tract950102
Assessed Land Value$9,450
Assessed Improvement Value$76,800
Assessment Year2025

About this property

Work in the front, comfort in the back! The ideal location for a seamless live/work balance—perfect for a startup business and home combo. This versatile 0.652-acre commercial property offers excellent highway frontage and high visibility, making it an ideal location for your business. The property includes a functional office space, ample storage, and a mobile home, providing flexibility for various uses. With easy access to major routes and a strategic location, this lot is perfect for retail, service-oriented businesses, or industrial use. Don't miss out on this opportunity to own a property with great potential in a prime location. For more information or to schedule a viewing, contact us today!

Investor Tools

Property Icon
$86,250
Estimated Property Value
$0Estimated Mortgage Balance
$52,681Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$750 /month
Positive
Cash Flow Estimate:
$250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$69/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$402
$86,250
2025
$9,450
$76,800
$86,250
No

Tax History

Year
Tax Paid
Assessed Value
2025
$402
$86,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosepriity Bank
Credit Line (Revolving) / Heloc
$49,600
No
First
Jan 14, 2011
Jan 2013

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$33,569
$52,681
61%
39%
$274/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: Grapeland

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15042 N Us Hwy 287 | Property Details | No Agent List