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$195,000

1506 N Washington, Mount Pleasant, TX, 75455

Off MarketInfo
CommercialInfo
Baths3,675 Sq Ft
IndustrialIndustrial
Year BuiltBuilt in 1991

Highlights

Interior

FlooringConcrete

Exterior

Lot Size11,025 sqft

Building Information

Year Built1991

Land Information

APN12307
SubdivisionMt Pleasant City Blocks
Land UseCommercial
Legal DescriptionMT PLEASANT CITY BLOCKS BLK 334A LOT PT OF 7 0.2531 AC
Census Tract950500
Assessed Land Value$11,025
Assessed Improvement Value$168,530
Assessment Year2025

About this property

Own your very own small engine repair shop!! Located just south of HWY 67 in Mt. Pleasant, it is perfectly situated for someone wanting to be their own boss. 3675 total square feet footage with an office, 2 restrooms, a break room, large separate storage areas beyond the shop floor area. Bay doors and asphalt parking. Burn out oven & bake out oven, paint booth and Hydro Blast parts washer. Seller will consider leasing for $1500 per month.

Investor Tools

Property Icon
$179,555
Estimated Property Value
$0Estimated Mortgage Balance
$179,555Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$176/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,218
$179,555
2025
$11,025
$168,530
$179,555
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,218
$179,555

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$179,555
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.

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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: Mount Pleasant

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1506 N Washington | Property Details | No Agent List