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Days195Days on Market
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$750,000

1505 E Veterans Memorial Blvd, Harker Heights, TX, 76548

On MarketInfo
CommercialInfo
Baths0 Bath
Baths3,390 Sq Ft
price_per_sqft$221.24 / sqft
Year BuiltBuilt in 1978

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling
FlooringConcrete

Exterior

Lot Size2.65 acres

Building Information

Year Built1978
Stories1
Roof Type176

Land Information

APN131673
SubdivisionCollins Subdivision
Land UseCommercial
Legal DescriptionCOLLINS SUBDIVISION, BLOCK 002, LOT PT BLK, ACRES 2.647
Census Tract021801
Assessed Land Value$144,129
Assessed Improvement Value$439,945
Assessment Year2025

About this property

Prime Investment Opportunity on E. Veterans Memorial Blvd! Unlock the potential of this B-5 zoned commercial property, formerly operated as a club and offering endless possibilities for redevelopment or business expansion. The 3,400 sq. ft. building sits on an impressive 2.64-acre lot, providing ample space for additional structures, generous parking, or future growth. With excellent visibility along E. Veterans Memorial Blvd. and just minutes from I-14, this property benefits from strong daily traffic and exceptional accessibility. It’s ideally positioned for a wide range of commercial uses, whether you’re envisioning a restaurant, retail center, entertainment venue, or multi-use development. This is a versatile commercial opportunity with unbeatable location, flexibility, and room to grow.

Investor Tools

Property Icon
$584,074
Estimated Property Value
$0Estimated Mortgage Balance
$584,074Estimated 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

Interested in this property?

John Reider

John Reider Properties II, Ltd

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,126/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,588
$584,074
2025
$144,129
$439,945
$584,074
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$10,588
$584,074

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$584,074
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: Harker Heights

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1505 E Veterans Memorial Blvd | Property Details | No Agent List