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$70,000

1901 E 1st St, Petersburg, TX, 79250

$91,000 ARVInfo
On MarketInfo
CommercialInfo
Baths0 Bath
Baths2,800 Sq Ft
Mixed UseMixed Use
price_per_sqft$25 / sqft
Year BuiltBuilt in 1985

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size20,996 sqft

Building Information

Year Built1985

Land Information

APN17171
Lot Number7-12
Land UseOther / Unknown
Legal DescriptionOT PE BLK 16 LOTS 7-12
Census Tract950800
Assessed Land Value$1,125
Assessed Improvement Value$105,490
Assessment Year2025

About this property

This nice 2800 sf church building is ready for whatever use you need! There is an auditorium with a baptistry, no classrooms, two restrooms in the foyer--the ladies' room has been made ADA compliant. There are no zoning restrictions, so let your imagination soar! Need to park a big rig somewhere? Need a workshop? Storage space? A garden? A store? Or of course, a church gathering would always work! Let's talk!

Investor Tools

$0Estimated Mortgage Balance
$106,615Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$91,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$640 /month
Positive
Cash Flow Estimate:
$213 /month

Interested in this property?

Diane Barnett

Exit Realty of Lubbock

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$174/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$106,615
2025
$1,125
$105,490
$106,615
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$106,615

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$106,615
100%
0%
$0/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: Petersburg

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1901 E 1st St | Property Details | No Agent List