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$1,600,000

15377 N State Highway 34, Terrell, TX, 75161

On MarketInfo
CommercialInfo
Baths4,640 Sq Ft
BusinessBusiness
Year BuiltBuilt in 2018

Highlights

Interior

FlooringConcrete

Exterior

Lot Size3.33 acres

Building Information

Year Built1998
Stories1
Roof Type105

Land Information

APN00.2251.0001.0001.00.06.06
Lot Number1
SubdivisionLockhart Add
Land UseCommercial
Legal DescriptionLOCKHART ADD, BLOCK 1, LOT 1
Census Tract050601
Assessed Land Value$191,866
Assessed Improvement Value$351,129
Assessment Year2025

About this property

*Motivated Seller, Owner Financing Available. ask for details* All reasonable offers considered Explore this versatile commercial property sitting on 3+ acres with endless potential! The front building was built in 2019 and has 1,800 sq ft of usable space that features a garage bay, covered parking across the entire front, a large office area, storage room, and bathroom—all positioned on spacious land with a pond at the back of the property. Also, an additional 5,000 sq ft insulated building was added the same year to give more usable space for any purpose you might need. It is equipped with an additional bathroom and shower. With highway frontage, this location is ideal for a small trucking company, auto sales lot, automotive shop, tire shop, or a wide range of other business opportunities. The property is already set up with Asphalt parking surrounding the building, a large crushed-concrete area perfect for truck or vehicle parking and a tall iron fencing securing the front and sides. Location: Prime Texas State Highway 34 frontage, just 2 miles north of Terrell off U.S. Route 80 and minutes from Greenville. Driving Directions: From Terrell and U.S. Route 80, go north on Texas State Highway 34 for approximately 2 miles. Property is on the left.

Investor Tools

$368,889Estimated Mortgage Balance
$174,970Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,600 /month
Positive
Cash Flow Estimate:
$3,200 /month

Interested in this property?

Andy Villarreal

Bradford Elite Real Estate LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,249/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,277
$542,995
2025
$191,866
$351,129
$542,995
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,277
$542,995

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Building Or Construction Loan
$438,500
No
First
Jul 31, 2018
Sep 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$368,889
$174,106
32%
68%
$2,630/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: Terrell

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15377 N State Highway 34 | Property Details | No Agent List