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$167,500

NAL Estimated Property Value

1600 Ford St, Llano, TX, 78643

$189,796 ARVInfo
Off MarketInfo
CommercialInfo
Beds2 Beds
Baths2 Bath
Baths1,960 Sq Ft
price_per_sqft$230 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1940
Stories2
Roof Type112

Land Information

APN27219
Lot Number1-3
SubdivisionLetcher
Land UseCommercial
Legal DescriptionLETCHER BLK 55 LTS 1-3 LESS 500 SFT
Census Tract970200
Assessed Land Value$70,510
Assessed Improvement Value$96,990
Assessment Year2025

About this property

**Income Producing Property** Owner Finance Opportunity -- Prime Mixed-Use Opportunity in the Heart of the Hill Country. This expansive two-story commercial building sits on a generous lot and blends historic character with modern upgrades—ideal for an investor, entrepreneur, or live/work setup. Recent improvements include new plumbing, a new tankless water heater, and a two-zone HVAC system for comfort and efficiency. The main level features a full kitchen and open, adaptable spaces suited for retail, office, studio, or hospitality use. Warm beadboard paneling and built-in shelving add charm and functionality. Upstairs, original oak floors lead to a flexible residential layout: two bedrooms, a full bath, living area, and kitchenette—perfect for an owner-occupant. A private balcony and exterior deck with ramp access offer added appeal. Behind the main building, a detached garage includes a loft-style 1BD/1BA apartment with a full kitchen, currently leased for immediate rental income. The unit has its own electric water heater and a private single-car garage.

Investor Tools

Property Icon
$167,500
Estimated Property Value
$84,322Estimated Mortgage Balance
$83,178Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$189,795
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$173/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,235
$167,500
2025
$70,510
$96,990
$167,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,235
$167,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kenneth E Laird Etal
Unknown
$100,000
No
First
Jul 9, 2018
Jul 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$84,322
$83,178
49%
50%
$600/mo

City: Llano

1600 Ford St | Property Details | No Agent List