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$400,000

1507 Sw Mustang Dr, Andrews, TX, 79714

On MarketInfo
Baths4,000 Sq Ft
price_per_sqft$100 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Exterior

Lot Size20,299 sqft

Land Information

APN03200-00550-0000
Lot Number76-78
Land UseIndustrial
Legal DescriptionD C NIX #2 LOT 76, 77 & 78
Census Tract950300
Assessed Land Value$16,240
Assessed Improvement Value$111,319
Assessment Year2025

About this property

NOW OFFERED FOR LEASE! This versatile property is just what you need! Located right off NW Mustang Road in a high-traffic area, this shop offers excellent visibility and accessibility. 4-bay shop – perfect for automotive, light industrial, or service businesses. Dedicated wash bay – ideal for detailing or cleaning operations with Office space included. Run your business and manage operations all in one place. This high-traffic location benefits from constant exposure and easy access.

Investor Tools

Property Icon
$127,559
Estimated Property Value
$0Estimated Mortgage Balance
$127,559Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

Leticia Davila

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$91/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$459
$127,559
2025
$16,240
$111,319
$127,559
No

Tax History

Year
Tax Paid
Assessed Value
2025
$459
$127,559

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$127,559
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: Andrews

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1507 Sw Mustang Dr | Property Details | No Agent List