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$225,000

200 N 3rd Street, Canadian, TX, 79014

On MarketInfo
CommercialInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringWood

Exterior

Lot Size10,498 sqft

Land Information

APN3066
Lot Number13-15
Land UseResidential
Legal DescriptionLTS 13-15 BLK 32 OT
Census Tract950300
Assessed Land Value$15,000
Assessment Year2025

About this property

Historic Multi-Use Commercial Property in the Heart of Canadian, TX! Located just one block from Main Street and Highway access, this unique late-1800s historic commercial building offers exceptional versatility and small-town charm. Originally constructed as the Tepe-Hoover Lumber Company, this property occupies ½ city block with 12 lots and frontage on 3rd, Elsie, and Kingman Streets. The upper level features two renovated, furnished apartments—one two-bedroom and one efficiency—with HVAC, downtown views, metal roof, and a unique bank vault closet. The ground floor offers expansive unrenovated commercial space. Property also includes a 1,188 sq ft maintenance/workshop with loading dock and roll-up door. Rare opportunity for mixed-use, live/work, or income-producing investment.

Investor Tools

$0Estimated Mortgage Balance
$246,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month

Interested in this property?

Karen Bradford

Legacy Broker Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$114/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$134
$15,000
2025
$15,000
N/A
$15,000
No

Tax History

Year
Tax Paid
Assessed Value
2023
$134
$15,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$246,000
100%
0%
$0/mo

City: Canadian

200 N 3rd Street | Property Details | No Agent List