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$103,240

NAL Estimated Property Value

1706 Lee St, Commerce, TX, 75428

$106,800 ARVInfo
Off MarketInfo
Beds— Beds
Baths— Bath
Baths1,370 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1963

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating CentralHeating Central
CoolingCooling
FlooringCeramic Tile, Concrete

Exterior

Lot Size8,625 sqft

Building Information

Year Built1963
Stories1
Roof Type105

Land Information

APN4165-0020-0070-31
Lot Number7
SubdivisionLexa Neal Addition
Land UseCommercial
Legal DescriptionS4165 LEXA NEAL ADDITION BLK 2 LOT 7 ACRES .198
Census Tract960600
Assessed Land Value$32,340
Assessed Improvement Value$70,900
Assessment Year2025

About this property

Prime Commercial Opportunity Steps from East Texas A&M University - back on the market with price reduction! Strategically positioned on a corner lot in Commerce, TX, this 2,130 sq ft commercial building offers exceptional exposure to a thriving university community of 13,000 students. The property's prime location adjacent to ETAMU's gymnasium, field house, library, and residential halls ensures consistent foot traffic and visibility. Previously operated as a restaurant, this versatile space is equipped with valuable infrastructure including a commercial vent hood with fire suppression system, wash sinks, and a drive-thru window. The property features an ADA-compliant restroom, dedicated storage-stock room, and an inviting enclosed front patio area. A spacious 4,600 sq ft asphalt parking lot provides ample customer parking. Zoned for General Business District use, this property presents multiple business opportunities including: - Quick-service restaurant or café - Coffee and donut shop - Hair and nail salon - Retail establishment - Medical or dental office - Physical fitness studio - Professional office space. Don't miss this opportunity to establish your business in a high-traffic university location perfectly positioned for success. Listing information deemed reliable but should be verified by buyer and-or buyer's agent.

Investor Tools

Property Icon
$103,240
Estimated Property Value
$103,401Estimated Mortgage Balance
$103,240Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$106,800
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$272/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,751
$103,240
2025
$32,340
$70,900
$103,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,751
$103,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bank & Trust
Commercial
$102,000
No
First
Apr 4, 2016
Apr 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,401
N/A
0%
100%
$792/mo

City: Commerce

1706 Lee St | Property Details | No Agent List