$322,000
NAL Estimated Property Value1605 E Main St, Eagle Lake, TX, 77434
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityVacant Homes
Highlights
Interior
Exterior
Lot Size30,056 sqft
Building Information
Year Built1956
Garage Spaces2
Land Information
APN1016001300000
Lot Number13
Land UseResidential
Legal DescriptionLT 13 ANDERSON INDUSTRIAL EAGLE LAKE A-475 REELS .690 AC HOUSE & BLDGS
Census Tract750100
Assessed Land Value$53,200
Assessed Improvement Value$210,900
Assessment Year2025
About this property
LOCATION - Location - location! This property has great commercial prospects. Zoned as commercial/industrial with frontage on Hwy. 90 Alt (quickly developing corridor - See attached TXDOT traffic report), the opportunities are endless. Previously served as hunting lodge and now used as residential, the real value lies in its potential for commercial development. Building is being sold "As Is". Property is perfect for drive-through fast food establishment. Don't let this opportunity pass you by. What's your vision?
Investor Tools
$322,000
Estimated Property Value
$0Estimated Mortgage Balance
$322,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$301/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,004
$264,100
2025
$53,200
$210,900
$264,100
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,004
$264,100
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$352,000
100%
0%
$0/mo
