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$725,000

1927 Arkansas Lane, Pantego, TX, 76013

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths5,762 Sq Ft
OfficeOffice
Year BuiltBuilt in 1958

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringHardwood, Laminate

Exterior

Lot Size16,466 sqft

Building Information

Year Built1958

Land Information

APNA 155-5I03
SubdivisionBarry, William J Survey
Land UseCommercial
Legal DescriptionBARRY, WILLIAM J SURVEY ABSTRACT 155 TRACT 5I03
Census Tract122600
Assessed Land Value$98,796
Assessed Improvement Value$551,204
Assessment Year2025

About this property

Converted commercial space located in the City of Pantego with C-4 zoning and excellent visibility along W Arkansas Lane. Property benefits from high daily traffic counts and features an existing monument sign with electric marquee for business advertising and branding. In the back half of the property is a separate building with over 3000 sf of warehouse space and roll up doors. The front of the property is a converted building which offers a flexible floor plan with multiple private rooms, open work areas, kitchen, and bathroom. Wood-look flooring, natural light, and character details throughout. Space is ready for immediate occupancy until it is leased. Ideal for office, professional services, studio, or similar commercial uses. Buyer to verify permitted uses and signage requirements with the City of Pantego. Property is currently vacant. Buyer to verify all information including measurements, zoning, and intended use. No historical operating expense data available. The front office building is listed for lease.

Investor Tools

$281,792Estimated Mortgage Balance
$368,208Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,350 /month
Positive
Cash Flow Estimate:
$1,450 /month

Interested in this property?

Melanie MacDonald

Winters Legacy Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,439/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,013
$650,000
2025
$98,796
$551,204
$650,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,013
$650,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Unknown
$308,000
No
First
Nov 3, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$281,792
$368,208
56%
43%
$1,847/mo

City: Pantego

1927 Arkansas Lane | Property Details | No Agent List