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$465,000

NAL Estimated Property Value

1522 Malloy Bridge Cir, Ferris, TX, 75125

Off MarketInfo
Beds Beds
Baths Bath
Baths4,920 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1985

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating PartialHeating Partial
CoolingCooling
FlooringOther

Exterior

Lot Size1.96 acres

Building Information

Year Built2023
Stories1
Roof Type312

Land Information

APN65098829010040000
SubdivisionHarrison Masters
Land UseCommercial
Legal DescriptionHARRISON MASTERS ABST 988 PG 290 TR 4 ACS 1.962 INT202200110153 DD04152022 CO-DC 0988290100400 4NT09882901
Census Tract016903
Assessed Land Value$68,670
Assessed Improvement Value$396,330
Assessment Year2024

About this property

Check out this rurally located bar that sits on 1.9 acres. This bar features an oversized bar with table and chairs along with a stage with mirrors for DJ and bands for entertainment. There is a commercial fridge in the room addition behind the bar along with wooden storage shelves. There is also an office area along with both a men restroom with 2 stalls and a women restroom with 3 stalls. There is also living quarters at the rear of the property that features a living room, bathroom, and kitchen in need of some major work to the floors and ceilings. This bar is in need of someone with a vision because it is in need of some tlc to get it back up and running or the possibility of changing into another business upon city's approval.

Investor Tools

Property Icon
$465,000
Estimated Property Value
$0Estimated Mortgage Balance
$465,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$798/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,250
$465,000
2024
$68,670
$396,330
$465,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,250
$465,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$465,000
100%
0%
$0/mo

City: Ferris

1522 Malloy Bridge Cir | Property Details | No Agent List